Karachi, March 02, 2021: Pakistan Mortgage Refinance Company (PMRC) and its Partner Financial Institutions (PFIs) joined hands to provide and promote affordable housing finance in the country by signing Credit Guarantee Agreements with Credit Guarantee Trusts for Low-Cost Housing, set up by the Government of Pakistan with PMRC as Trustee. In the ceremony held at…
Karachi, November 23, 2020: Carnage was witnessed at the local bourse as the KSE100 index made an intraday low of -873 points before closing at 39,632 level (down 1.4 percent). Market remained under duress mainly due to the Prime Minister’s caution that a continued rise in infections at the current rate would compel a complete…
Karachi, October 22, 2020: Today, the benchmark KSE-100 index lost 337 points after making a high and low of +282 & -448 points to finally close at 41,199 levels. Market remained bearish with low volumes as compared to the previous day amid result season. Moreover, political uncertainty still prevails. Investors should keep an eye on…
Karachi, October 19, 2020: Meezan Bank, Pakistan’s first and largest Islamic bank has become the first Bank in the country to disburse the first two Shariah-compliant housing finance facilities under Prime Minister’s Mera Pakistan Mera Ghar, Low Cost Housing Finance scheme on Friday, 16th October, 2020. The facilities were disbursed to Mr. Muhammad Anees who…
Hub (Baluchistan) , July 6, 2020: Hub industrial area is facing low gas pressure for the last few weeks and it is directly hurting the industrial production. Industrialists termed gas pressure fluctuations in Hub Industrial and Trading Estate (HITE) unbearable and said that manufacturers are already suffering due to severe economic down haul in the…