Arif Habib Limited Denies Involvement in Fraudulent AI Investment Platform Scam
Arif Habib Limited issues a PSX clarification denying any association with a fake news report promoting an illegal AI investment platform.
EFU Life Assurance Explores Strategic Acquisition of Waada Digital to Boost Insurtech Footprint
EFU Life Assurance is considering a potential acquisition of Pakistani insurtech startup Waada Digital as confirmed in a recent Pakistan Stock Exchange filing.
Faysal Bank Reappoints Yousaf Hussain as President and CEO for Three Year Term
Faysal Bank Limited board of directors approves the reappointment of Yousaf Hussain as CEO for another three years effective from August 2026.
PSX Removes Escorts Investment Bank From Margin Financing and SLB Eligibility Lists
The Pakistan Stock Exchange officially excludes Escorts Investment Bank Limited from Securities Lending and Borrowing (SLB) and Margin Financing systems as of May 2026.
SECP Approves Pace Pakistan to Issue 140 Million Shares for Debt Conversion
Pace (Pakistan) Limited receives SECP green light to issue 140.16 million shares at a discount to settle long-standing financial liabilities and TFCs.
Federal Government Appoints Navaid Hasib Malik to National Bank of Pakistan Board
The National Bank of Pakistan has appointed Navaid Hasib Malik as Director on its Board, following approval from the Federal Government and clearance by the State Bank of Pakistan. Malik’s inclusion strengthens NBP’s leadership and governance framework as the bank continues its strategic evolution in Pakistan’s financial sector.