Faysal Asset Allocation Fund Sees 3.50% Distribution in 2023

Karachi, The Faysal Asset Allocation Fund, active since 2007, saw a 3.50% distribution this year, with a redemption price of Rs 85.8 from an offer price of Rs 88.71. This strategy underscores the fund’s adaptability in asset allocation to navigate varying market conditions.

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Shipbuilding Industry Being Modernized Through Transformative Measures

Karachi: Pakistan's shipbuilding industry is being modernized through transformative measures launched under the Prime Minister's Task Force on Maritime Reforms. Karachi Shipyard has been assigned the central role in commercial shipbuilding and will c...