AWT Investments Limited (AWTIL) Announces Interim Dividend Distribution for AWT Money Market Fund

Karachi, the Chief Executive Officer (CEO) of AWT Investments Limited (AWTIL) has authorized the distribution of an interim dividend for the AWT Money Market Fund. The approved interim distribution amounts to Rs. 2.0986 per unit and covers the period e...

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VIS Reaffirms Broker Fiduciary Rating to AKIK Capital (Private) Limited

Karachi, August 01, 2023 (PPI-OT): VIS Credit Rating Company Ltd. (VIS) has reaffirmed Broker Fiduciary Rating of AKIK Capital (Private) Limited (AKIK) at ‘BFR3’. The assigned rating denotes good fiduciary standards and signifies sound internal control...

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ICCI terms massive hike in petroleum prices as a blow to the economy

Islamabad, August 01, 2023 (PPI-OT): Ahsan Zafar Bakhtawari, President, Islamabad Chamber of Commerce and Industry (ICCI) said that the government has made a massive hike of almost Rs.20 per litre in the prices of petrol and diesel, which would prove t...

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Secretary of TDAP Visits Sialkot Chamber of Commerce and Industry, Pledges Stronger Collaborations and Export Growth Initiatives

Sialkot, August 01, 2023 (PPI-OT): Mr. Fareed Iqbal Qureshi, the distinguished Secretary of the Trade Development Authority of Pakistan (TDAP) visited the Sialkot Chamber of Commerce and Industry. The gathering saw an interactive and engaging session w...

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Disclosure of Interest: Bank Al Habib Limited’s Executive Conducts Share Transactions

Karachi, Syed Wasim Ahmad Hashmi, an Executive of Bank Al Habib Limited, and their spouse have executed multiple share transactions in the company. Details of these transactions, which took place on July 31, 2023, have been made public.Transaction Deta...

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Securities Regulator Denies Approval, PSX Halts Acquisition of CDC Shares from IGI and Allied Bank

Karachi, The Pakistan Stock Exchange has been forced to abandon its plans to acquire shares of the Central Depository Company of Pakistan Limited (CDC) from IGI Investments (Private) Limited and Allied Bank Limited. The decision came after the Securiti...

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