Business

Islamabad, Pakistan's oil and gas production witnessed a slight decline in January 2024, with crude oil production decreasing by 0.4% month-over-month and year-over-year, and natural gas production down by 2.5% year-over-year, despite a monthly increa...

The post Pakistan’s Oil and Gas Production Dips in January 2024, Seismic Activities Continue appeared first on Pakistan Business News.

Karachi, BankIslami has successfully completed the Initial Public Offering (IPO) and listing of its Ehad Sukuk II on the Pakistan Stock Exchange (PSX), marking a significant milestone for the bank in adhering to Islamic financial principles. The Sukuk...

The post BankIslami Completes IPO and Lists Ehad Sukuk II on Pakistan Stock Exchange appeared first on Pakistan Business News.

Karachi, The Korangi Association of Trade and Industry (KATI) has voiced its optimism regarding the ability of the newly elected federal ministers to contribute positively toward Pakistan's economic stability. KATI President Johar Qandhari highlighted...

The post KATI Expresses Confidence in New Federal Ministers for Economic Stability appeared first on Pakistan Business News.

Karachi, The NBP Mahana Amdani Fund and NBP Money Market Fund declared distributions of 7.97% and 6.27% for June 2024, respectively. The Mahana Amdani Fund, listed in 2009, and the Money Market Fund, listed in 2012, have shown consistent performance w...

Karachi, The NBP Sarmaya Izafa Fund has reported a 22.15% distribution for June 2022, highlighting its strong performance in the market. The announcement was made as part of the financial disclosures to the Pakistan Stock Exchange, indicating the fund...

Karachi, Pakistan Refinery Ltd. (PRL), engaged in the refining sector, reported no dividend distribution for the fiscal year 2023/2024. The company's stock traded at an average price of Rs. 27.43, reflecting a daily weighted average of Rs. 6,300.00. T...

Karachi, The UBL Financial Planning Fund, including its Active Principal Preservation Plans I, II, and III, reported a mix of returns and values. The main fund itself, with no current prices available, declared distributions ranging between 0.4948% an...