Pakistan’s First Hybrid Shariah-Compliant REIT Set for Public Listing

Karachi, TPL REIT Fund-I, recognized as Pakistan’s first and largest hybrid Shariah-compliant Real Estate Investment Trust (REIT), is scheduled for public listing on May 2 and 3. Managed by TPL REIT Management Company, a subsidiary of TPL Properties L...

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Dubai’s Department of Economy and Tourism to Unite City’s Tourism Ecosystem at Arabian Travel Market 2024

Islamabad, Dubai's Department of Economy and Tourism (DET) will assemble 129 key partners and stakeholders at the 31st edition of the Arabian Travel Market (ATM), aiming to exhibit the emirate’s innovative and diverse destination offerings. The event,...

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Nestle Pakistan Recognized at 6th OICCI Women Empowerment Awards 2023

Karachi, Nestle Pakistan was acknowledged at the Overseas Investors Chamber of Commerce and Industry Women Empowerment Awards 2023, held in Karachi, where it secured the first runner-up position. The recognition underscores Nestle Pakistan’s steadfast...

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Indus Motor Company Records Significant Profit Increase in Third Quarter FY24

Karachi, Indus Motor Company Limited (INDU) has announced a notable rise in profitability for the third quarter of fiscal year 2024, posting a profit after tax (PAT) of PKR 4.4 billion, a significant increase from PKR 1.7 billion in the previous quart...

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State Bank of Pakistan Holds Policy Rate at 22% Amid Economic and Fiscal Stabilization Efforts

Karachi, The State Bank of Pakistan (SBP) has decided to maintain its policy rate at 22%, as revealed in its recent monetary policy statement. This decision comes amid a backdrop of declining inflation and ongoing economic stabilization measures.

Ac...

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