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Karachi, The 192 - NBP Money Market Fund has announced its offer price at PKR 9.99. For the year concluding in June, it had a distribution rate of 6.27% which translates to PKR 0.5531 per unit for 2023. The fund made its debut in the market in 2012.

Karachi, The Karachi Chamber of Commerce and Industry (KCCI), in collaboration with seven major industrial town associations of Karachi, have jointly and vehemently opposed the significant surge in gas tariffs proposed for export-oriented and general i...

The post KCCI and Industrial Town Associations Rally Against Proposed Gas Tariff Hikes appeared first on Pakistan Business News.

Lahore, MCB Bank Limited (MCB) has revealed significant growth in its Q3 2023 financial performance, underlined by a remarkable 71% increase in Profit Before Tax (PBT). The financial statements also highlighted the declaration of a 3rd interim cash div...

The post MCB Bank’s Q3 Profit Before Tax Soars by 71%, Announces Dividend of Rs. 8.0 Per Share appeared first on Pakistan Business News.

Minister for Energy Muhammad Ali has said the government is working on transferring electricity distribution companies to the private sector.Addressing a seminar in Islamabad on Wednesday, he said the transmission sector is also going through a major ...

At the UN Security Council meeting on the situation in Middle East, Pakistan has reiterated its strong condemnation of Israeli airstrikes and military action in Gaza.In his remarks, Pakistan's Permanent Representative to the UN Munir Akram said the Is...

Chairman Senate, Muhammad Sadiq Sanjrani says the Belt and Road Initiative with a worldwide appeal and membership has brought a paradigm shift to the concept of development, connectivity and regional integration.He was addressing the opening ceremony ...

Pakistan and the United States have agreed to work closely on various bilateral trade and investment matters in order to enhance economic cooperation between both sides.The understanding was reached at a virtual meeting between Minister for Commerce, ...