AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service

Karachi, The NBP Sarmaya Izafa Fund has reported a 22.15% distribution for June 2022, highlighting its strong performance in the market. The announcement was made as part of the financial disclosures to the Pakistan Stock Exchange, indicating the fund...

Karachi, The NBP Mahana Amdani Fund and NBP Money Market Fund declared distributions of 7.97% and 6.27% for June 2024, respectively. The Mahana Amdani Fund, listed in 2009, and the Money Market Fund, listed in 2012, have shown consistent performance w...

Karachi, The Korangi Association of Trade and Industry (KATI) has voiced its optimism regarding the ability of the newly elected federal ministers to contribute positively toward Pakistan's economic stability. KATI President Johar Qandhari highlighted...

The post KATI Expresses Confidence in New Federal Ministers for Economic Stability appeared first on Pakistan Business News.

Karachi, BankIslami has successfully completed the Initial Public Offering (IPO) and listing of its Ehad Sukuk II on the Pakistan Stock Exchange (PSX), marking a significant milestone for the bank in adhering to Islamic financial principles. The Sukuk...

The post BankIslami Completes IPO and Lists Ehad Sukuk II on Pakistan Stock Exchange appeared first on Pakistan Business News.

Islamabad, Pakistan's oil and gas production witnessed a slight decline in January 2024, with crude oil production decreasing by 0.4% month-over-month and year-over-year, and natural gas production down by 2.5% year-over-year, despite a monthly increa...

The post Pakistan’s Oil and Gas Production Dips in January 2024, Seismic Activities Continue appeared first on Pakistan Business News.

Islamabad, In a notable recognition of its commitment to corporate social responsibility, Bestway Cement has garnered three awards at the 16th Annual International CSR Summit 2024, affirming its leadership in CSR initiatives, relief efforts, and green...

The post Bestway Cement Receives Triple Honors at the 16th Annual International CSR SummitIslamic Banking Windows in Pakistan See Doubling of Core Income and Robust Deposit Growth in CY23 appeared first on Pakistan Business News.

Karachi, Dawood Hercules Corporation Limited has scheduled its AGM for April 26, 2024. The meeting is planned for 10:30 AM. The company has not provided the dates for the closure of transfer books.