Business & Finance News

Karachi: Alfalah Asset Management Limited announced a new daily dividend rate for holders of the Alfalah Islamic Rozana Amdani Fund (AIRAF) as of September 13, 2024. This decision was confirmed by the Chief Executive on behalf of the company's Board o...

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Karachi: In a significant financial disclosure, Loads Limited has announced the write-off of a substantial loan extended to its subsidiary, Hi-Tech Alloy Wheels Limited. The loan, totaling PKR 1,317.19 million, was originally granted under agreements ...

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Karachi: Shareholders of ABL-Funds received a modest boost as the company electronically distributed an interim cash dividend of Rs. 0.0101 per share, representing a 0.101% yield for the fiscal year ending September 16, 2024. The transaction was proce...

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Karachi: A recent transaction within Nestle Pakistan Limited involving a substantial shareholder has been disclosed. Syed Babar Ali, a Non-Executive Director of the company, gifted out 9,450 shares at a rate of zero, marking a significant non-monetary...

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Karachi: On behalf of the Board of Directors of Ismail Industries Limited, the Chairman reported a remarkable year of financial growth for the fiscal year ending June 30, 2024, despite facing a turbulent economic and political landscape. According to ...

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Karachi: A meeting of the Board of Directors of Siemens is currently in progress, taking place on September 18, 2024, in Karachi, Pakistan. This meeting is crucial for discussing the company’s strategic initiatives and operational plans.

The proceed...

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Karachi: National Refinery Limited has made an adjustment to the timing of its upcoming Annual General Meeting (AGM), now set to commence at 2:00 PM on October 21, 2024, an hour earlier than previously scheduled.

This alteration in the AGM schedule ...

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