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Winding up of Income fund and balanced fund of National Asset Management Company Limited

Karachi, MCB Financial services Limited informed Pakistan Stock Exchange about winding up of NAMCO Income fund and NAMCO balanced fund with effect from March 24, 2016 due to heavy redemptions and size of the funds was well below the minimum regulatory requirement of PKR100 million stipulated by NBFC Regulations.

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Punjab CM welcomes UAE’s commitment of $10b investment in Pakistan

Punjab Chief Minister Maryam Nawaz has welcomed United Arab Emirates' commitment for investment worth ten billion dollars in Pakistan. In a statement, she said huge investment is an irrefutable proof of foreign investors' confidence in government's e...