MCB Pakistan Asset Allocation Fund Shows Robust Performance

Karachi: The MCB Pakistan Asset Allocation Fund, introduced in 2008, reported an offer price of 104.13 and a redemption price of 100.71. The fund, ending its fiscal year in June, declared a distribution of Rs 5.50 per unit for 2022, reflecting its adeptness in asset allocation and delivering significant returns to its investors.

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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 ...