Pakistan Customs, Tax, Shipping & Business News Resource
News releases from the equity and commodity markets across the world
LONDON: London Stock Exchange has listed Qatar International Islamic Bank (QIIB) $500 million sukuk in the presence of QIIB Chairman and Managing Director Sheikh Dr Khalid bin Thani al-Thani, Chief…
RIYADH: Abdullah Al Othaim Markets Co. has announced a net profit of SAR 302.6 million for the year ended December 31, 2018, which is 32.68 percent lower than the profit…
RIYADH: Saudi International Petrochemical Company (Sipchem) has announced the safe completion of the scheduled periodic turnaround maintenance activities for the International Diol Company (IDC), an affiliate of Sipchem. Startup activities…
The booming retail market of Pakistan which was all set to cross the whopping $50 billion mark suffered a major setback as SROs issued by the Federal Bureau of Revenue…
DOHA: Nebras Power Q.P.S.C (Nebras) and Nebras Power Investment Management BV (NPIM) have announced that they have entered into a Sale and Purchase Agreement (SPA) to acquire the AES Corporation’s…
DUBAI: Takaful Emarat, the Dubai Financial Market (DFM) listed, Shariah-compliant Life and Health Takaful provider, announced its full year financial results for the twelve-month period ended December 31, 2018. Net…
Karachi: Agha Steel Industries Limited launched its 1st Company Operated Point of Sale, in Hyderabad, at the commercial hub of Hyderabad Super Highway Road. The ASIL Outlet will serve the…
KARACHI: K-Electric (KE) has partnered with the Oxford University Press (OUP) to bring the 10th edition of Karachi Literature Festival (KLF) 2019 being held from 1st to 3rd March at…
SINGAPORE: Medinex Limited has announced completion of the proposed acquisition of 55 percent of the total issued share capital in Sen Med Holdings Pte. Ltd against a purchase consideration of…
MUMBAI: Aurobindo Pharma Limited has completed the acquisition of marketed portfolio from Spectrum Pharmaceuticals, a bourse filing said on Saturday. Aurobindo Pharma Limited had earlier announced proposed acquisition of seven…
MUMBAI: Bombay Stock Exchange (BSE) received 103 complaints against 91 companies during February 2019. In the same period 101 complaints were resolved against 90 listed companies. These resolved complaints include…
KARACHI: Saudi Arabian Fertilizer Co. (SAFCO) has announced a net profit of SAR 1.738 billion for the year ended December 31, 2018, which is 97.8 percent higher than the profit…
RIYADH: The Saudi Stock Exchange (Tadawul) has announced a series structural changes to Nomu – the Parallel Market aimed at supporting the growth, development and sustainability of the market, increasing…
MUMBAI: BSE, Asia’s oldest exchange and now world’s fastest exchange with the speed of 6 microseconds on 1st July 2016 had launched the platform for Electronic Book Mechanism “BSE BOND”…
SINGAPORE: TEE International Limited’s wholly-owned subsidiary, TEE Infrastructure Private Limited has entered into an agreement with Asia Enviro Services Ltd. to dispose its entire 45 percent stake in TEE Medical…
LEEDS: City Developments Limited (CDL) has expanded into the rapidly-growing United Kingdom (UK) Private Rented Sector (PRS) with the acquisition of a £15.4 million freehold site from Alpha Real Trust.…
SINGAPORE: Singapore Exchange (SGX) has welcomed Sim Leisure Group Limited to its Catalist under the stock code (URR). Based in Malaysia, Sim Leisure Group is a well-established developer and operator…
AGGENEYS: President Cyril Ramaphosa Thursday officially opened Vedanta Zinc International’s (VZI) Gamsberg mine, outside Aggeneys in South Africa’s Northern Cape Province. President Ramaphosa was joined by Minister of Mineral Resources…
Barcelona: HCL Technologies, a global technology company, and Sierra Wireless, the leading provider of fully integrated device-to-cloud solutions for the Internet of Things (IoT), announced the availability of the HCL…
HONG KONG: Agile Group Holdings Limited has proposed to conduct an international offering of guaranteed senior notes to non-US persons outside the US in offshore transactions. Agile Group Holdings Limited…