Karachi, April 29, 2020: Ismail Suttar was unanimously elected as the new President of Employers’ Federation of Pakistan following the resignation of Mr. Majyd Aziz. Meanwhile, Zaki Ahmed Khan, will remain Vice President while Majyd Aziz would continue to be Member of EFP Board of Directors. Ismail Suttar is also the chairman of EFP Economic…
Karachi, April 28, 2020: In its effort to respond to the COVID-19 pandemic and build capacity in the national healthcare system, JS Bank and its partners today donated Rs. 10 Million to the Aga Khan Health Service, Pakistan. In addition, the Bank donated another Rs. 7.35 Million to Indus Hospital for Personal Protective Equipment (PPE)….
Karachi, April 28, 2020: China-Pakistan Study Center (CPSC), Institute of Strategic Studies Islamabad (ISSI) in collaboration with Mishal Pakistan and Wusool hosted a webinar ‘Emerging Technologies: Important Tool to Combat COVID-19. The wabinar was attended by senior academics, researcher, media, diplomats and members of the civil society community. Speakers from government, development sector and international…
Karachi, April 28, 2020: Market saw rebound of cement sector as the concerns over cement price / bag dissipated. Upcoming data release on inflation and possible rate cut helped investors take a positive view on equities. International crude oil prices edged lower, with WTI slipping below US$ 11/bbl that kept pressure on E&P stocks. PSO,…
IPO oversubscribed by 1.07x with more than 80% of the applicants subscribed through E-IPO. Karachi, April 28, 2020: The Initial Public Offering (IPO) of BankIslami Ehad Sukuk has been successfully closed. Despite the ongoing COVID–19 pandemic, significant interest was received from both institutional and retail investors with PKR 320.6 million subscriptions received against the IPO…