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Financial Update on UBL Capital Protected Fund – III for June 2023

Karachi: UBL Capital Protected Fund – III, operational since 2017, reported an offer price of 102.3 and a redemption price of 99.23 as of June 2023. The fund distributed 1.55% in 2021 and 0.49% in 2022, with no distributions reported for 2023.

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Aurangzeb Engages with U.S. Development Finance Corporation for Enhanced Sectoral Projects

Islamabad: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, engaged with representatives of the U.S. International Development Finance Corporation in Washington, D.C. This meeting aimed to seek expedited support for priority priva...