Hubco Sukuk and Growth Plan

Karachi: The Hub Power Company Limited through its wholly owned subsidiary, Hub Power Holdings Limited, is in the process of finalising issuance of an Islamic Shariah compliant sukuk. This represents Hubco’s keen interest in promoting and supporting the Islamic financing options and the local financial industry. This proposed sukuk in… Continue reading

ANF trying hard to facilitate traders, number of withheld containers reduced to 1.14 pc in 2020: Muhammad Ayub

KARACHI: Deputy Director/ In-charge, Port Control Unit, Anti-Narcotics Force (ANF) Karachi Muhammad Ayub has said that ANF was trying its best to facilitate the exporters and importers by reducing the number withheld containers and at the same time, no compromise was being made on the performance which can be gauged… Continue reading

FPCCI ANNOUNCES ELECTION SCHEDULE FOR THE YEAR 2021

Karachi: The Executive Committee of the FPCCI in its Meeting held on 14th October 2020 has approved with majority the Schedule for Election of the Office Bearers of FPCCI for the year 2021. The Polling will be held on Wednesday, 30th December 2020 to elect the President, Senior Vice President… Continue reading

Dubai’s leading Pakistani street food restaurant opens first branch in Pakistan

Dubai based group Alif Investments, which is the leader in Shariah Investments and the Financial Services Industry, has decided to bring another established food chain to Pakistan. The Dubai based Pakistani street food chain Emly Chilli has now opened its doors in Pakistan. The restaurant has chosen Karachi as the… Continue reading

Lucky Cement Limited Awarded For Best Corporate Report

Karachi: Lucky Cement Limited (PSX: LUCK) has won the Best Corporate Report Award with the second position in the Cement category at the much anticipated “Best Corporate & Sustainability Report Awards 2019.” The recognition was jointly announced by the Institute of Charted Accountants of Pakistan (ICAP) and Institute of Cost… Continue reading

Agha Steel’s General Public Subscription to continue on 14th and 15th October

Karachi: Agha Steel Industries’ general public subscription of the 30 million shares (25% of the total offer size) will begin on 14th October (today) and conclude on 15th October at the price of Rs32. The book-building phase of the Initial Public Offer (IPO) of Agha Steel concluded last week which… Continue reading

State Bank announces Government of Pakistan’s markup subsidy for affordable housing finance

The State Bank of Pakistan (“SBP”) and its subsidiaries disclaim responsibility for any private publication or statement by any individual. The views expressed in this email are those of the sender and do not necessarily reflect the views of the SBP and/or its subsidiaries. Any defamatory statements, infringement or authorization… Continue reading