Who Are We?
We deliver timely news, in-depth analysis, and data-driven insights on Pakistan’s economy, energy, finance, technology, and markets.
FFBL to invest Rs9.6 billion in Fauji Foods
By NewzTodays Editorial Team | November 19, 2020
Aftab Ahmed Fauji Fertilizer Bin Qasim Limited (FFBL) will invest Rs 9.6 billion in Fauji Foods Limited (FFL) to achieve a turnaround. It is seeking its shareholders’ approval to invest Rs3.5 billion in Fauji foods Limited directly. Moreover, it will also provide a corporate guarantee to financial institutions to provide an Rs6.1 billion loan to…