Karachi, October 3, 2023 – Bank Alfalah, a leading financial institution in Pakistan, has unveiled plans to establish an exchange company with an authorized share capital of Rs 2 billion.
(more…)Category: Corporate
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OGDCL Announces Remarkable 68% Surge in Profits for FY23
Karachi, September 28, 2023 – In a remarkable financial performance, the Oil and Gas Development Company Limited (OGDCL) has announced a staggering 68 percent growth in net profit for the fiscal year ending June 30, 2023.
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Meezan Bank Decides to Establish Exchange Company
Karachi, September 15, 2023 – Meezan Bank Limited, in a significant strategic move, has announced its intention to establish an Exchange Company.
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United Bank to Establish Exchange Company and Sell Stakes in UNBL UK
Karachi, September 12, 2023 – In a strategic move, the board of directors at United Bank Limited (UBL) has given their unanimous approval to establish an exchange company and sell shares in United National Bank Limited UK (UNBL UK).
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Indus Motor Challenges Rs 634 Million Tax Demand in Sindh High Court
Karachi, September 6, 2023 – The Indus Motor Company Limited has taken legal action by challenging a substantial tax demand amounting to Rs 634 million before the Sindh High Court.
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National Bank of Pakistan Reports Increase in Tax Contingencies to Rs 29.26 Billion
Karachi, September 6, 2023 – The National Bank of Pakistan (NBP) has disclosed that its total tax contingencies have risen to Rs 29.26 billion, according to official documents released recently.
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NBP Penalized for Regulatory Violations at Domestic and Overseas Branches
Karachi, August 31, 2023 – The National Bank of Pakistan (NBP), the country’s largest public sector financial institution, has incurred penalties for regulatory violations at both its domestic and overseas branches, as confirmed by official documents.
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FBR Files Complaint of Government Fund Misappropriation Against Senior PIA Officials
Karachi, August 31, 2023 – The Federal Board of Revenue (FBR) has officially registered a complaint against senior officials of Pakistan International Airlines (PIA) for alleged misappropriation of government funds, sources said on Thursday.
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PSX Takes Notice of Abnormal Rise in PICT Share Price
Karachi, August 29, 2023 – The Pakistan Stock Exchange (PSX) issued a notice on Tuesday regarding the abnormal increase in the share price of Pakistan International Container Terminal (PICT).
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National Bank of Pakistan Records Remarkable 122% After-Tax Profit Growth for 1HCY23
Karachi, August 29, 2023 – The National Bank of Pakistan (NBP) has reported an astounding 122 percent increase in after-tax profit for the first half of the calendar year 2023.
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