Another Dubai IPO: Spinneys’ public float ‘could help bring other IPOs to fruition’ Spinneys, an operator of 75 grocery retail supermarkets in the UAE and Oman, announced plans to proceed with an... Updated 17 Apr, 2024 02:36pm
World Chinese firms’ fundraisings in limbo as IPOs scrutinised at home and abroad SHANGHAI/HONG KONG: Chinese companies are staring at the prospects of a drought of new equity capital as tougher... Published 29 Mar, 2024 04:45am
Print New imported cars/vehicles: MoC takes step to help avert detention by Customs at ports ISLAMABAD: The Commerce Ministry has issued notification by amending Import Policy Order (IPO), 2022, to declare... Updated 29 Mar, 2024 09:54am
Business & Finance Secure Logistics IPO’s book-building phase to begin today KARACHI: Secure Logistics Group Limited IPO’s book building phase will be held on 27th and 28th March 2024, where... Published 27 Mar, 2024 04:38am
Markets Secure Logistics Group eyes raising at least Rs600mn through IPO Pakistan’s Secure Logistics Group Ltd (SLG) is planning an initial public offering (IPO) at the Pakistan Stock... Published 23 Mar, 2024 11:40pm
Business & Finance With Dubai Taxi Company and Parkin, IPOs in emirate are booming: what’s next? The past few months have seen the Dubai government sell stakes in two of its entities - Dubai Taxi Company (DTC) and... Updated 20 Mar, 2024 05:54pm
Business & Finance BankIslami announces completion of IPO, listing of BankIslami Ehad Sukuk II KARACHI: BankIslami has announced the successful completion of the Initial Public Offering (IPO) and the listing of... Published 16 Mar, 2024 06:26am
Markets Dubai to sell 25% stake in public parking business via IPO Parkin, which expects to make its bourse debut next month, booked revenue of 779 million dirham ($212.1 million) in 2023 Published 27 Feb, 2024 03:37pm
Print New imported vehicles: IPO amended ISLAMABAD: The government has amended Import Policy Order (IPO), 2022, to declare that new imported new cars/... Updated 26 Feb, 2024 09:47am
Markets PSX’s market cap can hit $330bn if minority shareholders are ‘protected’: AKD KARACHI: In Pakistan, Ponzi schemes, scams, and illegal loan apps get more attention than companies at the stock... Updated 25 Jan, 2024 10:53am
Business & Finance Corporate sector: ‘IPOs streamline process to increase capital’ KARACHI: The IPO Summit 2024 was held in order to outline the steps that could help stabilize the country’s economy.... Published 23 Jan, 2024 05:14am
Opinion IPO Summit 2024 The following is the full text of the speech of MD and CEO, Pakistan Stock Exchange Farrukh H. Khan that he made at... Published 22 Jan, 2024 05:37am
Opinion PSX IPO Summit 2024: Empowering the future of capital markets The following is the full text of federal minister for finance, revenue and economic affairs Dr Shamshad Akhtar’s... Published 21 Jan, 2024 03:10am
Business & Finance Growth rebounds in positive trajectory following reforms: Shamshad KARACHI: Caretaker Finance Minister Dr Shamshad Akhtar on Saturday said despite challenges there has been... Published 21 Jan, 2024 03:10am
Markets Emaar, CCL Pharma and other companies exploring IPO option at PSX KARACHI: Emaar Pakistan, the subsidiary of Dubai-based Emaar Properties, Pakistan’s multinational pharma company... Updated 21 Jan, 2024 11:41am
Markets Pakistan economy to grow by 2-2.5% this year, says Dr Shamshad Agriculture sector expected to grow by 5.6%, says caretaker minister Updated 20 Jan, 2024 08:00pm
Markets Secure Logistics Group plans IPO, eyes raising at least $2.7mn: report Pakistan’s Secure Logistics Group Ltd (SLG) is planning an initial public offering (IPO) ) at the Pakistan Stock... Updated 05 Jan, 2024 06:11pm
Markets India’s IPO momentum seen growing on prospects of political stability MUMBAI: Hopes of policy stability in India after victories for Prime Minister Narendra Modi’s ruling party in key... Published 02 Jan, 2024 05:21am
Pakistan IPO Chairman visits UVAS LAHORE: Chairman Intellectual Property Organization of Pakistan Farrukh Amil along with Deputy Director Public... Published 20 Dec, 2023 06:00am
Business & Finance IPO: Dubai Taxi Company shares surge over 19% on first day of trading CEO says record-breaking demand for IPO, which was 130 times oversubscribed, reflects strength of DTC's investment proposition as Dubai’s largest mobility company Published 07 Dec, 2023 06:59pm
Markets 2023: PSX sees just one IPO so far KARACHI: Pakistan market (PSX) saw just one IPO in 2023, with a meagre Rs 435 million of funds raised. This was ... Published 07 Dec, 2023 04:35am
Business & Finance Change of status approved by SSGCL board KARACHI: The Board of Directors of Sui Southern Gas Company Limited (SSGCL) has approved the resolutions that the... Published 07 Dec, 2023 04:35am
Print Aspen chooses NY over London for $4bn IPO: FT LONDON: Aspen Insurance is targeting its $4 billion initial public offering next year in New York instead of London... Updated 04 Dec, 2023 08:47am
Business & Finance Record for city: Dubai Taxi gets $41bn in orders for $315mn IPO Offer massively oversubscribed Final offer price set at Dh1.85, indicating a market value of Dh4.6 billion when company starts trading on the Dubai Financial Market on December 7 Published 30 Nov, 2023 12:22am
Markets Dubai Taxi sets IPO price range, valuing company at up to $1.25bn DUBAI: Dubai Taxi Company (DTC) on Tuesday kicked off the subscription period for its upcoming initial public... Published 21 Nov, 2023 01:27pm
Business & Finance Multinational companies: Pharmaceutical companies advised to adopt patents, licences KARACHI: Pharmaceutical companies in Pakistan should invest in research and development and adopt patents and... Published 16 Nov, 2023 05:39am
Business & Finance Regulatory approvals: SECP notifies maximum period of 14 working days ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has notified a maximum period of 14 working ... Published 11 Nov, 2023 06:30am
Technology Pakistan’s Symmetry Group says it has inked deal with US tech company Expects to generate at least $250,000 in FY24 Updated 09 Oct, 2023 10:16pm
Business & Finance Birkenstock eyes pricing IPO at top of range NEW YORK: Birkenstock Holding Ltd has secured enough commitments from investors to price its US initial public... Published 09 Oct, 2023 06:24am
Business & Finance SoftBank’s Arm aims for over $52bn valuation in biggest US IPO of the year LONDON: SoftBank Group’s Arm is seeking a valuation of more than $52 billion in its initial public offering, the... Published 11 Sep, 2023 06:32am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?
In historic visit, Iran President Raisi says decision made to increase bilateral trade five-fold to $10bn