Tag Archives: Habib

Younas Habib wants his money back

Former Mehran Bank chairman Younas Habib has filed a petition in the Supreme Court demanding reimbursement of his (Mehran Bank’s) money, lavished on politicians. During hearing of the Asghar Khan case by

LSE approves listing of Habib cash fund

LAHORE – The Lahore Stock Exchange (LSE) has approved the application for formal listing and quotation of the units of First Habib Cash Fund, an open end fund managed by Habib Asset Management Ltd. The fund will be quoted under ‘Open-End Fund’ sector of the Ready Board Quotation of the Exchange with effect from today.
First Habib Cash Fund is managed by Habib Asset Management Limited with aiming to provide its unit-holders competitive returns from a portfolio of low risk, short

Bank Al Habib declares 20pc cash dividend

MULTAN – The Annual General Meeting of Bank Al Habib was held at its registered office in Multan on March 17, 2011. Shareholders approved the annual accounts for the year ended December 31, 2010. Payment of 20 percent cash dividend (final) and the issue of 20 percent bonus shares were also approved.
Deposits of the Bank, as on December 31, 2010, stood at Rs 249.774 billion, while profit after tax was Rs 3.602 billion. The Bank has a network of 303 branches/sub-branches, which

Habib Jalib remembered

ISLAMABAD – Habib Jalib’s poetry influenced all sections of society and gained appreciation not only from critics but also from general readers, labourers and activists, Professor Fateh Muhammad Malik said on Tuesday. Malik was presiding over the “Habib Jalib Seminar” organised by the Pakistan Academy of Letters (PAL) in connection with the death anniversary of Habib Jalib.
Professor Yousaf Hassan, Akhtar Usman, Dr Ravish Nadeem, Jalil Aali, Shakeel Akhtar, Gul Bahadur Yousafzai

Arif Habib confident of economic revival

LAHORE – The business community in Pakistan must not lose hope as the economy will revive in the current year, while inflation will decrease as a result of the base effect by the end of current fiscal year. These views were expressed by AHCL Chairman Arif Habib, on Thursday, while addressing a gathering of share holders, investors and journalists at the Lahore Stock Exchange (LSE).
The meeting, called “Corporate Briefings Program”, was held to increase efficiency and parity in

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