Modaraba Al-Mali Announces Rights Issue Amid Negative Earnings

Karachi, Modaraba Al-Mali NC (MODAM) will issue rights at 14.34%, notwithstanding an EPS of 3.9, a minor decline from (0.05). Today’s rate is Rs. 4.00, with a daily average of Rs. 4.01. The company, listed since 1987, holds a paid-up capital of Rs. 90…

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Pakistan Emphasizes Diplomacy for Iran Nuclear Issue

Islamabad: Pakistan has reiterated that the Iran nuclear issue should be addressed through peaceful means. The remarks were made by Pakistan's Permanent Representative to the UN, Asim Iftikhar Ahmad, while speaking on the Security Council Vote on the ...