Karachi, July 19, 2023 – United Bank Limited (UBL), one of Pakistan’s largest banks, has witnessed a remarkable over fourfold surge in net profit for the quarter ending June 30, 2023.
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PTCL Reports 54% Decline in Quarterly Net Profit
Karachi, July 19, 2023 – Pakistan Telecommunication Company Limited (PTCL) announced a staggering 54 percent decline in net profit for the quarter ending June 30, 2023.
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SECP Implements Changes to Regulations for Election of Independent and Female Directors
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has recently made amendments to the Listed Companies (Code of Corporate Governance) Regulations, 2019, and the Companies (Postal Ballot) Regulations, 2018.
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Johnson & Phillips (Pakistan) Ltd. Announces Delisting from PSX
Karachi, July 4, 2023: Johnson & Phillips (Pakistan) Ltd., a prominent company listed on the Pakistan Stock Exchange (PSX), revealed its decision to delist its shares from the stock exchange. The company’s board of directors approved this delisting during a meeting held on July 4, 2023.
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Meezan Bank Receives Reaffirmed AAA/A-1+ Entity Ratings
Karachi, July 3, 2023: Meezan Bank Limited (MEBL) has received reaffirmed entity ratings of AAA/A-1+ (Triple A/ A-One Plus) from VIS Credit Rating Company Limited, highlighting the bank’s highest credit quality and outstanding short-term liquidity.
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Shell Pakistan Introduces Innovative Plastic-Infused Road in Karachi
Karachi, July 3, 2023: Shell Pakistan has taken a significant step towards promoting sustainability by introducing a plastic-infused road in Karachi.
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OGDCL Secures Two New Exploration Blocks in Sindh and Punjab
Karachi, July 3, 2023: The Oil and Gas Development Company Limited (OGDCL), a state-owned entity in Pakistan, announced on Monday that it has received provisional awards for two new exploration blocks in Sindh and Punjab.
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AHDRML Partners with ITMinds Limited to Streamline Back Office Functions
Karachi, June 14, 2023: Arif Habib Dolmen REIT Management Limited (AHDRML), a renowned real estate investment trust management company, has recently made a strategic decision to outsource its back office functions to ITMinds Limited, a subsidiary of Central Depository Company of Pakistan Limited (CDCPL).
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Shell Announces Intention to Sell Holding in Shell Pakistan Limited
Karachi, June 14, 2023: Shell Petroleum Company Limited, a subsidiary of Shell plc (Shell), has revealed its plans to divest its stake in Shell Pakistan Limited (SPL), as part of its portfolio simplification strategy.
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M&C Saatchi World Services Wins Gold Effie Award
Karachi, Pakistan – The fifth Pakistan Effie Awards, an esteemed platform recognizing advertising effectiveness, took place at the Expo Center on June 3rd, 2023.
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