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Karachi, MCB Investment Management Limited (Formerly: MCB-Arif Habib Savings and Investments Limited), the management company of Alhamra Islamic Money Market Fund (ALHIMMF), announced a daily dividend payout. The Chief Executive Officer, on behalf of the Board of Directors, has approved a dividend of Re. .0547 per unit for the unit…

Karachi, UBL Fund Managers Limited has announced an interim cash dividend for its UBL Liquidity Plus Fund. The dividend has been set at Re.0.7462 per unit, which equates to a payout of 0.75 percent. The distribution was approved by the Chief Executive Officer, acting under the authority of the Board…

Karachi, Bank Makramah Limited, previously known as Summit Bank Limited, announced its financial results for the year ended December 31, 2023, in its 140th Board of Directors meeting held on March 1, 2024. The bank reported no cash dividends, bonus shares, right shares, or any other entitlements or corporate actions…

Lahore, A significant meeting of the Board of Directors of Gulistan Spinning Mills Limited has been scheduled for Saturday, March 9, 2024. The primary agenda of the meeting is to elect seven directors for the upcoming Extraordinary General Meeting (EOGM) set for March 31, 2024. In accordance with the Code…

Karachi, Zubair Tufail, President of United Business Group and former president of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has emphasized the critical need for the government to reduce industrial production costs and adjust energy prices to competitive levels in order to increase exports. Tufail outlined a…

Islamabad, Mian Zahid Hussain, a prominent figure in Pakistan's business community, has voiced strong support for Shahbaz Sharif's leadership as the Prime Minister, emphasizing the expected positive impact on the country's economy and political landscape. Hussain, who holds various key positions including Chairman of the National Business Group Pakistan and…