Karachi, June 3, 2019: Startup Chile’s “The S Factory” (TSF9) pre-acceleration program is specifically designed for startups led by female founders. For the 9th Generation of TSF, a total of 23 projects have been selected from 153 applications received from around the world. These projects represent 13 different countries with the Pakistani startup Civixa being…
Karachi, June 3, 2019: The Board of Directors of Arif Habib Corporation Limited (AHCL) and Arif Habib Limited (AHL) in separately held emergent Board meetings today approved buy-back of shares of their respective companies through a tender offer. AHCL’s Board of Directors has approved a proposal to buy-back its own fully paid-up ordinary shares of the face value…
Karachi, June 3, 2019: In a Festival Floodlit T20 Cricket match played at the National Stadium Karachi on Saturday night Corps Commander XI won against Commissioner XI by 3 wickets. Pakistan Veterans Cricket Association and Commissioner Karachi Office organized the Match. The Captain of Corps Commander XI Brig Abdul Sami won the toss and put…
Karachi, June 3, 2019: Last trading session before Eid and Budget ended negative for the course. Although clarity on EMOF and SEF was given by ECC last week, investors’ seemed concerned over Budget, which is likely to adopt tough budgetary measures to bring fiscal discipline. Besides, rapidly falling international crude prices brought selling pressure in the…
Karachi, June 3, 2019: Federal Board of Revenue (FBR) is all set to tighten the screws on banking customers who will be asked to whiten their bank deposits of Rs. 0.5 million and above under the recent Amnesty Scheme. In the recent meeting with the FBR Chief with Chief Financial Officers of different banks, it…