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NI(U)T Fund Delivers Substantial Dividends to Shareholders

Karachi: Pakistan’s NI(U)T Fund, operational since 1964, distributed Rs 4.50 per unit, maintaining a strong dividend policy as indicated by its consistent performance over the years. Additionally, the fund reported a substantial return of Rs 2.33 per unit from the previous book closure. The fund’s offer price was Rs 61.6 while the redemption price stood at Rs 59.81.

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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...