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Jubilee General Insurance Co. Announces Robust Fiscal Performance

Karachi, Jubilee General Insurance Co. (JGICL), with a paid-up capital of Rs. 1,984.91 million and listed since 1955, disclosed its financial results for the year ending December 2023. The company achieved a high rate of Rs. 23.05 and a low rate of Rs. 8.31. Distributions were consistent at 40% for both the current and previous years. Further details on turnover and daily weighted average rates were not available.

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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...