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Karachi: In a significant move within the energy sector, Siemens AG has finalized the sale of its Energy Business Segment to Siemens Gamesa Renewable Energy (Private) Limited. This transaction, approved by Siemens AG's Board of Directors, carries a to...

Karachi: EFG Hermes Pakistan Limited (EFGH) announced the approval of its merger with IMS Securities Limited (IMS) following the sanction of the Scheme of Arrangement by the Honourable High Court of Sindh. According to the disclosure issued by EFG Her...

Karachi: The Meezan GORP Pension Fund (MGOFRPP), which primarily invests in Shariah-compliant stocks and debt instruments, has reported a significant increase in assets for the period ending December 14, 2023. According to information available from...

Karachi: The Meezan Strategic Allocation Fund – II (MSAF – II) achieved significant returns in fiscal year 2024, posting a net income of Rs. 78.00 million. The fund, which focuses on strategic asset allocation between Shariah-compliant fixed income an...

Karachi: In a significant organizational shift announced on October 14, 2024, Lucky Cement Limited has reported a reshuffling of its top executives. Mr. Muhammad Sohail Tabba has been named as the new Chairman of the Board of Directors, and Mr. Muhamm...

Karachi: In a recent filing with the Pakistan Stock Exchange, substantial shareholder Imran Haroon disclosed an increased stake in Kohinoor Power Company Limited. On October 11, 2024, Haroon submitted the necessary documentation to the Chief Regulator...

Karachi: Ghani Global Holdings has reported a profit of Rs. 145 million for the year 2024, according to its latest performance review. The company, a leader in specialized pharmaceutical glass manufacturing, attributes this success to optimal plant ca...