Globe Residency REIT Announces Substantial Distribution Amidst Market Debut

Karachi, (PPI Bot): Globe Residency REIT (GRR), which made its market debut in 2022, has today traded at Rs. 12.00, showing stability with an average rate of Rs. 12.08. The REIT has a paid-up capital of Rs. 1,400 million and has announced a significant distribution of 30% for the year. Trading activity for GRR reflected a high rate of Rs. 15.75 and a low rate of Rs. 8.32. The performance marks a notable entry into the market, gathering a turnover of 42,686,500 shares in the current year.

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President Lauds Saudi Envoy for Strengthening Pak-Saudi Ties

Islamabad: President Asif Ali Zardari has appreciated the Saudi Ambassador to Pakistan, Nawaf bin Said Al-Malkiy, for strengthening the longstanding fraternal and strategic ties between Pakistan and Saudi Arabia. He was talking to the Ambassador, who ...