Karachi, February 16, 2016 (PPI-OT): Consul General of Italy Gianluca Rubagotti, while stressing the need to further increase cooperation between Italy and Pakistan, said that both countries must make collective efforts and should focus on enlarging the scope of partnership in trade. “In this regard, the Italian Consulate in Karachi and the Italian Embassy in ...

Lahore, February 16, 2016 (PPI-OT): PACRA has maintained the long term and short-term entity ratings of Pakistan National Shipping Corporation (PNSC) at ‘AA-‘ (Double A Minus) and ‘A1+’ (A One Plus), respectively. These ratings denote very strong capacity for timely payments of financial commitments. The ratings reflect PNSC’s strong ownership – majority owned by Government ...

Lahore, February 16, 2016 (PPI-OT): The Pakistan Credit Rating Agency (PACRA) has upgraded the stability rating of NAFA Income Opportunity Fund (NIOF) an open-end income fund, at ‘A'(f) (Single A ; fund rating) [previous rating ‘A-‘(f) (Single A minus; fund rating)]. The fund’s rating denotes a strong capacity to manage relative stability in returns and ...

Lahore, February 16, 2016 (PPI-OT): The Pakistan Credit Rating Agency (PACRA) has upgraded the stability rating of NAFA Income Fund (NIF), an open-end income fund, at ‘A'(f) (Single A ; fund rating) [previous rating ‘A-‘(f) (Single A minus ; fund rating)]. The fund’s rating denotes a strong capacity to manage relative stability in returns and ...

Lahore, February 16, 2016 (PPI-OT): The Pakistan Credit Rating Agency (PACRA) has maintained the stability rating of NAFA Islamic Aggressive Income Fund (NIAIF), an open-end Islamic aggressive income fund, at ‘A- (f)’ (Single A minus; fund rating). The fund’s rating denotes a strong capacity to manage relative stability in returns and low exposure to risks. ...

Islamabad, February 16, 2016 (PPI-OT): Mobicash has finalized components of its partnership with NADRA Technologies Limited (NTL) to launch branchless banking services on NADRA e-Sahulat platform after a contract was signed between the two bodies. This partnership enables Mobicash to expand its branchless banking footprint by providing customers facility to initiate and collect money transfers ...

Karachi, February 16, 2016 (PPI-OT): The Board of Management (BOM) of Pakistan State Oil Company Limited (PSOCL) convened on Monday at the PSO head office to review the performance of the Company for the first half of financial year 2015-16 (1HFY16). During the period under review i.e. 1HFY16; PSO’s market share stood at 55.5% with ...