CANBERA: Crescent Wealth, Australia's first Islamic wealth manager, have announced the launch of the nation's first Islamic Australian equity fund creating a new opportunity in the superannuation industry, and tapping the potential for Australians to access the $1.4 trillion global Islamic financial services market.
ISLAMABAD: Pakistan Telecommunication Company Limited (PTCL) to supply Information and Communication Technologies (ICT) services to Dera Ghazi Khan Cement (DGKC).
ISLAMABAD: Identifying the investment opportunities in alternate energy, National Electric Power Regulatory Authority (Nepra) has approved upfront tariffs for wind power projects on Thursday.
SINGAPORE: Lotte Pakistan PTA (LOTPTA) depends on government's decision to increase import tariffs to expand investments in its purified terephthalic acid (PTA) production capacity to 1.5 million tons per year industry, said the report published in ICIS news.
KARACHI: Pakistan's trade deficit narrowed to $1.786 billion in September from $1.842 billion in August, the Federal Bureau of Statistics said on Tuesday.
KARACHI: The overseas Pakistani workers remitted an amount of $ 3,297.20 million in the first quarter (July - September) of the current fiscal year 2011-12 (FY12), showing a growth of 24.60 percent or $ 650.9 million compared with $ 2,646.30 million received during the same period of last fiscal year (July- September 2010).
KARACHI: The car sales in the country escalated by 27 percent during the first quarter of the new fiscal year, according to the statistics released by Pakistan Automotive Manufacturers Association (PAMA) on Monday.
KARACHI: Agritech Limited (AGL) declares loss of Rs 295.221 million for the year ended on June 30, 2011 as against profits after taxation of Rs 853.248 million in the previous year.
KARACHI: As the first quarter of new financial year has come to an end, all listed companies on Karachi Stock Exchange (KSE) are busy in arranging their board meetings to consider the quarterly financial results.
KARACHI: Oil and Gas Development Company Ltd (OGDCL) will resume its operation in the rain-affected areas with full pace as soon as rainwater is receded in exploration blocks.
ISLAMABAD: Mari Gas Company Limited (MGCL) made a significant crude oil discovery on Thursday, with the additional potential of Associated Gas, during the drilling of Halini Well in its operated Karak Exploration Block.
Islamic never encourages one to become indebted unless it is necessary. Following Ahadith show the viewpoint of Islam on debt creation, especially while it is beyond one's capacity to repay and to what extent it should be avoided and used to meet only one's necessary requirements.
KARACHI: As the first quarter of new financial year has come to an end, all listed companies on Karachi Stock Exchange (KSE) are busy in arranging their board meetings to consider the quarterly financial results.
KARACHI: Pakistan's fiscal deficit for the first three months of fiscal year 2011/12 was 1.1 percent of gross domestic product, a Finance Ministry official told Reuters on Wednesday.