Global Footprint: BOP to establish Wholesale Banking Unit in Bahrain and Representative Office in UAE”
The Board of Directors of the Bank of Punjab (BOP) has approved the business plan to establish a Wholesale Banking Unit in the Kingdom...
MARI’s subsidiary secure mineral exploration licenses in the Chagai district of Balochistan.
The Directorate General Mines & Minerals Balochistan has granted two Exploration Licenses EL-322 and EL-323, and allotted area of 501.03 sq. km and 512.76...
Government Greenlights Tax-Heavy Budget Ahead of Crucial IMF Loan Talks
Pakistan’s parliament on Friday passed the government’s tax-heavy finance bill for the coming fiscal year ahead of more talks on a new bailout with...
KSE 100 Skyrockets to Historic 78k Milestone!
The Pakistan Stock Exchange (PSX) experienced a buying frenzy as the benchmark KSE-100 index surged by over 1,500 points during the opening hours of...
SBP decided to raise the Policy Rate by 25bps to 7.25%
The Monetary Policy Committee (MPC) decided to raise the policy rate by 25 basis points to 7.25 percent. Since its last meeting in ...
Pakistan reports Current Account Deficit of US$1.5Bn in Aug 2021
The current account deficit (CAD) rose to $1.5bn in Aug21 from $0.8bn the previous month, while SBP’s foreign reserves rose to an all-time high...
SEARL plans to list its subsidiary on PSX
The Searle Company Limited (PSX: SEARL) in a notification to PSX announced that the shares of Searle Pakistan Limited (SPL) the wholly owned subsidiary...
NICL to invest Rs. 1,250Mn for setting up the production facility...
Nimir Industrial Chemicals Limited (the "Company") in its meeting held on Tuesday, September 14, 2021 has considered, approved and recommended the following new capital...
TELE subsidiary Supernet may be listed on PSX
Telecard Limited (PSX: TELE) announced that itssubsidiary, supernet Limited'("SNL") may be listed on the Pakistan stock Exchange Limited ('PSX") by means of:
(i) SNL...
MODAM issue 331% Right Shares at par value of Rs. 10
Modaraba Al-Mali in a notification to PSX, has decided to increase the paid-up certificate capital of the Modaraba Ali-Mali by issue of 61,000,000 further...
