DFM posts 8.0% increase in net profit in 9 months
DUBAI: Dubai Financial Market Company (DFM) has announced a net profit of AED 95.5 million for the nine-month period ended 30 September 2019, 8% decrease from AED 103.7 million in…
AM Best upgrades issuer credit ratings of The Hanover Insurance Group, subsidiaries
OLDWICK: AM Best has upgraded the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a+” from “a” and affirmed the Financial Strength Rating (FSR) of A (Excellent) of the subsidiaries of…
SHC restrains Income Tax officials from harassing petitioner company
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Rasheed Ahmed Soomro disposed of a constitutional petition filed by Medora of London…
SHC summons Collector Customs Hyderabad on Aug 23 in contempt cases
KARACHI: A divisional bench of High Court of Sindh (SHC) summoned Collector Customs, Model Customs Collectorate, Hyderabad on Aug 23 in two different but identical applications for contempt of court.…
Contravention served on M/s Premier Cables
KARACHI: Directorate of Post Clearance Audit (PCA) Karachi has served Audit Observation on M/s Premier Cables Pvt Limited creating a demand of Rs40.514 million, an amount, which was short-paid by…