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Karachi, In a recent evaluation, VIS Credit Rating Company Limited has reaffirmed the entity ratings of Agha Steel Industries Limited (ASIL) as 'A/A-2', reflecting a stable outlook. This assessment signifies ASIL's robust credit quality and assures inv...

The post VIS Credit Rating Company Affirms Agha Steel Industries’ Ratings with Stable Outlook appeared first on Pakistan Business News.

On the direction of Caretaker Prime Minister Anwaar-ul-Haq Kakar, all the women and children of Baloch protesters, detained in Islamabad, have been released. This was stated by Caretaker Minister for Privatization Fawad Hassan Fawad at a joint news co...

Caretaker Prime Minister Anwaar-ul-Haq Kakar has said youngsters from merged districts of Khyber Pakhtunkhwa should be given special importance and attention in PM Youth Schemes. Chairing a review meeting of Prime Minister's Youth Programme in Islamab...

Karachi, Jubilee Life Insurance Co. NC announced a 145% cash dividend, a 130% bonus, and an additional 30% interim dividend. The company's shares averaged Rs. 144.64, reaching a high of Rs. 153.85. With a paid-up capital of Rs. 1,003.53 million, Jubil...

Karachi, The UBL Asset Allocation Fund, listed in 2013, achieved a 7.34% distribution in 2023. The fund, focusing on asset allocation, reported an offer price of 178.75 and a redemption price of 172.89.

Karachi, The UBL Income Opportunity Fund, operational since 2013, recorded a 5.00% distribution in 2023. The fund, specializing in income opportunities, listed an offer price of 121.15 and a redemption price of 119.13.

Karachi, Bhanero Textile Mills Ltd. (NC), a significant entity in the textile composite industry, declared a substantial dividend of 715% for the year ending June 2023, consistent with the previous year, and a bonus of 350%. The company's share rate w...