LankaBangla Investments PLC has been appointed as issue manager for the proposed fundraising

City Group, one of Bangladesh’s leading conglomerates, is considering the divestment of selected non-core business units to generate funds and streamline operations amid a mountainous financial burden.

The five are: Meghna Group of Industries, City Group, Delta Agrofood Industries Ltd, Mahbub Group and KGS Group

Starting in 1972 with mustard oil production, Fazlur Rahman built City Group into one of the nation’s leading conglomerates

Sprinter Imranur Rahman was adjudged as the best sportsperson for 2023 while footballer Sabina Khatun received the same prize for the following year as the City Group - Prothom Alo Sports Awards ceremony (2022-2023) was held at a hotel in Dhaka on Wednesday.

The initiative will see vehicles owned by the conglomerate stationed at key points such as Karwan Bazar, Farmgate, Azimpur, Motijheel, Khilgaon, Press Club, Mirpur-1, Mirpur-10, and Mohammadpur

Leading consumer goods processor City Group today announced that it will start selling Teer branded packaged sugar at Tk 95 a kilogramme from tomorrow in the capital.

A Chattogram court today (July 14, 2022) issued an arrest warrant against City Group Chairman and Managing Director Fazlur Rahman in a case filed by Bangladesh Standards and Testing Institute (BSTI) for not maintaining standard vitamin levels in soybean and palm oils.