Meezan Bank, Pakistan’s leading Islamic bank, and Hamdard Laboratories (Waqf) Pakistan, a pioneer in Eastern medicine, have marked a significant enhancement in their financial collaboration with the successful integration of advanced transaction banking services. This milestone was celebrated at a formal signing ceremony held at Hamdard Laboratories’ headquarters.
The agreement...
Engro Fertilizers Limited, one of Pakistan’s leading fertilizer manufacturers, hosted a meeting in Depalpur for dealers and farmers to address key challenges of the agricultural sector and explore innovative solutions for growth.
The highlight of this session was the live demonstration of Engro’s Mobile Lab, which offers on-site soil and...
BF Biosciences IPO oversubscribed by 3.4 times!
The book-building process of BF Biosciences’ Initial Public Offer (IPO) has concluded with an oversubscription of 3.40 times, the company said on Thursday.
The IPO received an overwhelming response from institutional investors and high-net worth individuals as the strike price clocked in at Rs...
United Business Group (UBG) Patron-in-Chief S M Tanveer has urged the government to facilitate the business community after successfully negotiating with the IMF, as loans can sustain the government but not businesses.
He demanded the State Bank of Pakistan reduce interest rates by 300 basis points to revive closed industrial...
BF Biosciences IPO’s book building phase will be held on 25th and 26th September where high net worth individuals and institutional investors will subscribe to 100 per cent of the issue size.
BF Biosciences, a leader in the biotech pharmaceuticals sector in Pakistan, is set to raise between Rs1.38 and...
In a pioneering move towards sustainability, Jubilee Life Insurance, Pakistan’s largest private sector insurance company, has partnered with Spectreco to spearhead its transition to Net Zero. This step sets a benchmark not just in Pakistan but for the global insurance industry as well, reinforcing Jubilee Life’s commitment to embedding...
Badiuddin Akber CEO-Central Depository Company of Pakistan Limited has been elected as the Chairman of Executive Committee of Asia-Pacific Central Securities Depositories Group (ACG) for the three year term of 2024-2027 during the proceedings of the ACG’s 26th Annual General Meeting held in Almaty, Kazakhstan on September 11, 2024....
S M Tanveer, Patron-in-Chief United Business Group (UBG), has expressed disappointment over the monetary policy, saying that the rate cut by 200 bps or 2 percent is too little, too late in the context of price data – domestically & internationally.
He said the core inflation is going to be...
Pakistan’s leading digital microfinance bank, Mobilink Bank, has brought on board AutoSoft Dynamics, a renowned global provider of core banking and financial application solutions, as a strategic partner to automate their treasury operations. Under this partnership, AutoSoft will facilitate Mobilink Bank's seamless integration with the State Bank of Pakistan's...
Meezan Bank, Pakistan’s leading Islamic bank, has recently announced that it has entered into a referral arrangement with Haball Pvt Ltd, a premier digital payments platform. Mr. Muhammad Abdullah Ahmed, Group Head - Transaction and International Banking Group at Meezan Bank, and Mr. Omer Bin Ahsan, CEO of Haball...
