Egypt, April 17, 2019: Three of Egypt’s leading publicly traded companies announced today they have entered into an agreement to create a mortgage finance joint venture serving Egypt’s large, growing population of home buyers. The three partners are TMG, Egypt’s leading developer of premium master planned communities, GB Capital (the NBFI arm of GB Auto)…
Karachi, April 17, 2019: We are pleased to inform that Pakistan Credit Rating Agency Limited (PACRA) has upgraded stability rating of NIT Money Market Fund from previous “AA+” to “AAA” which is the highest fund stability rating. The objective of the fund is to generate competitive returns with minimum risk for its unit holders by…
Lahore, April 17, 2019: Rohail Nazir, who scored a century on his first-class debut this season, has been appointed as Pakistan U19 captain for next month’s series against Sri Lanka. Wicketkeeper, batsman Rohail scored 130 for Islamabad against Habib Bank Limited in the Quaid-e-Azam Trophy in September. He scored 300 runs besides dismissing 13 batsmen…
Karachi, April 17, 2019: The Custom Court ordered to block 20 different bank accounts mentioned in the FBR application in 3 cases of money laundering and sending US dollars abroad. The hearing of the case of sending US dollars abroad, billions of rupees money laundering and unidentified accounts was held in Karachi’s customs court. The…
Islamabad, April 17, 2019: Trump Administration rejected Pakistan’s demand for duty-free access to the US market. This news was revealed by Imran Khan’s assistant, Abdul Razzaq Dawood. The Pakistan government’s Advisory for Trade, Textile and Industry Minister Abdul Razaq Dawood told the National Assembly Committee for Trade and Textile that Pakistan wants duty-free access to…