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Karachi, MCB Investment Management Limited, previously known as MCB-Arif Habib Savings and Investments Limited, has announced the daily dividend distribution for ALHAMRA ISLAMIC MONEY MARKET FUND (ALHIMMF). The dividend payout, approved by the Board of...

The post MCB Investment Management Declares Daily Dividend Distribution for ALHAMRA ISLAMIC MONEY MARKET FUND (ALHIMMF) – September 22, 2023 appeared first on Pakistan Company News.

Karachi, Adamjee Insurance Company Limited is delighted to announce the electronic crediting of an interim cash dividend of Rs. 1.5 per share, equivalent to 15% for the year ending December 31, 2023, into the designated bank accounts of the company's s...

The post Adamjee Insurance Company Limited Distributes 15% Interim Cash Dividend for the Year Ending 2023 appeared first on Pakistan Company News.

Karachi, September 25, 2023 (PPI-OT): Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Monday that Pakis...

The post Pakistan’s tax system is extremely unfair, causing poverty appeared first on Pakistan Business News.

Karachi, September 25, 2023 (PPI-OT): Meezan Bank and Daraz, have signed a Memorandum of Understanding (MoU) to support and encourage the use of electric bikes in Pakistan. Through this partnership, Meezan Bank will provide Shariah-compliant financing ...

The post Daraz and Meezan Bank Partner to Drive Electric Bike Adoption in Pakistan appeared first on Pakistan Business News.

Karachi, September 25, 2023 (PPI-OT): VIS Credit Rating Company Ltd. (VIS) has assigned initial Broker Fiduciary Rating of ‘BFR3+’ to Sherman Securities (Private) Limited (SSPL). The assigned rating denotes good fiduciary standards. Outlook on the assi...

The post VIS Assigns Initial Broker Fiduciary Rating to Sherman Securities (Private) Limited appeared first on Pakistan Business News.

Twenty-nine people were injured, when a passenger train collided with a cargo train in Pakistan’s east Punjab province this morning, state-run rescue organisation, Rescue 1122 said.The incident happened at 4:30 a.m. (local time), due to possible neglig...

Iran and the Maldives announced yesterday, the resumption of diplomatic relations after a seven-year hiatus.The decision was made “in line with the two nations’ interests and aspirations,” the Iranian Foreign Ministry said in a statement.The announceme...