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Blue-Ex Limited Granted Regulatory Extensions for Financial Reporting and AGM Amid Operational Adjustments

October 14, 2024 Business & Finance News

Karachi: Blue-Ex Limited, a Karachi-based logistics company, has received regulatory approvals for extended deadlines on several compliance fronts from the Securities and Exchange Commission of Pakistan (SECP). The company is navigating through a peri...

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Ibrahim Holdings Increases Stake in Company, Buys Shares Worth 285 Million

October 14, 2024 Business & Finance News

Karachi: In a significant transaction recorded on October 10, 2024, Ibrahim Holdings (Pvt.) Ltd., a substantial shareholder, further cemented its control over the company by acquiring additional shares. According to information available from the Paki...

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Meezan Cash Fund Reports Positive Growth and Performance for Investors

October 14, 2024 Business & Finance News

Karachi: Meezan Cash Fund (MCF) has reported a positive return of 21.22 percent for its investors for the year ended June 30, 2024. The fund, which primarily invests in Shariah-compliant money market instruments and Islamic bonds (Sukuks), has demonst...

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MCB Investment Management Announces Interim Dividend for ALHAMRA WADA PLAN XI

October 14, 2024 Business & Finance News

Karachi: MCB Investment Management Limited has declared an interim dividend payout for ALHAMRA WADA PLAN XI, as communicated to the Pakistan Stock Exchange on October 10, 2024. According to information available from the Pakistan Stock Exchange (PSX),...

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Meezan Pakistan ETF Outshines with 85.78% Returns, Overhauling Asset Allocation for FY24

October 14, 2024 Business & Finance News

Karachi: Meezan Pakistan Exchange Traded Fund (MZNP-ETF), operating as an open end Shariah Compliant Exchange Traded Scheme, has recorded an impressive annual growth, with its Net Asset Value surging by 73.48% from 7.81 to 13.52 points as of June 30, ...

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Meezan Strategic Allocation Fund Posts Varied Performance Across Plans

October 14, 2024 Business & Finance News

Karachi: The Meezan Strategic Allocation Fund (MSAF), a Shariah Compliant fund of funds scheme, reported mixed financial results for its five investment plans as of June 30, 2024. The fund, aiming to generate returns through diversified allocation in ...

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Mari Petroleum Executives Actively Purchase Company Shares in October Transactions

October 14, 2024 Business & Finance News

Karachi: In a recent communication with the Pakistan Stock Exchange (PSX), Mari Petroleum Company Limited disclosed that several of its executives have engaged in substantial share purchases throughout October 2024, showcasing a robust internal invest...

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Asianet Pakistan

Asia Net Pakistan is a website that provides press release distribution and publishes news online across various sectors including business, politics, sports, and entertainment. The primary goal is to keep readers informed about happenings that can impact their lives. The website publishes news and highlights issues, urging concerned authorities to address them.

  • Int’l Day for Countering Hate Speech Being Observed Today

    2 days ago
  • PM Directs Immediate Transfer of Oil Price Benefits to Public: Ali Pervaiz

    2 days ago
  • Egyptian FM Felicitates Pakistan on Signing of US-Iran MoU

    2 days ago
  • Trkiye Considers Pakistan’s Stability Vital to Strengthen Muslim Ummah: Neziroglu

    2 days ago
  • Trkiye Congratulates Pakistan on Signing of Islamabad MoU

    2 days ago

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