Meezan Bank Ltd. Releases Financials, Reports 60% Dividend and 85% Bonus Share

Meezan Bank Ltd. (MEBL) has announced a 60% dividend and an 85% bonus share for the December (DEC) period, as per the financial disclosures made to the PSE. The bank’s transactions totaled PKR 17,912.53 million, closing at PKR 126.96. The bank, which began operations in 2000, marked its highest and lowest share prices at 137.48 and 82.42, respectively, with a total of 253,107,841 shares in circulation.

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Pakistan Issues $3 Billion Dual-Tranche Eurobond

Islamabad: Pakistan has issued a three-billion-dollar dual tranche Eurobond. The positive development was shared by Finance Minister Muhammad Aurangzeb while speaking at the High-Level International Dialogue on Taxation for Fiscal Sustainability in Pa...