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Karachi, Chenab Limited, once a leading exporter of home textile products in Pakistan, has begun its ascent from a period of industrial turmoil experienced between 2008-2010. With the aid of Habib Bank Limited (HBL) and other lenders, a comprehensive r...

The post Chenab Limited Embarks on Resurgence with HBL’s Assistance appeared first on Pakistan Business News.

Budapest, At the 5G Smart Factory Forum hosted in the Huawei European Supply Center (HESC) in Budapest, Huawei unveiled its commitment to advance Industry 4.0 by integrating 5G technologies into smart factories. The company highlighted that future smar...

The post Huawei Targets Industry 4.0 with 5G Solutions at Budapest Smart Factory Forum appeared first on Pakistan Business News.

Karachi: Tariq Glass Industries Ltd, trading as TGL, concluded at PKR 88.23. The company declared a 120% dividend and a 25% bonus, followed by another 20% bonus and a 60% dividend for June. Listed in 1984, the company's shares reached a high of PKR 97...

Karachi: Bank Alfalah Limited has announced the issuance of perpetual Tier-I debt securities, marked with the symbol code "TFC (Tier-I)". These securities will be available in a market lot of 5,000 with a face value of Rs. 5,000 each. They carry a pro...

Karachi: Frontier Ceramics Ltd, trading as FRCL, finished at PKR 16.62. The company did not declare any dividends for June. Listed in 1992, the firm's shares reached a high of PKR 23.65 and a low of PKR 13.88, with a turnover of 143,000 shares and an ...

Karachi: Mughal Iron & Steel Industries Limited has placed a Sukuk with a 5-year tenor, offering a profit rate tied to the 3-month KIBOR plus 1.3%. The Sukuk's total issue size is PKR 3 billion, with PKR 2.437 billion still outstanding. The next c...

Karachi: Askari Bank Limited has issued a Tier-II TFC with a 10-year tenor and a profit rate of 3-month KIBOR plus 1.2%. The TFC has a total issue size of PKR 6 billion, all of which remains outstanding. The upcoming coupon date is set for 17th Decemb...