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Daily Archives: September 23, 2020

PACRA Assigns Preliminary Ratings to K-Electric Limited – Islamic Commercial Paper-12 upto PKR 3,200 million

Lahore, September 23, 2020 (PPI-OT): The ratings reflect improved performance metrics of the company. There was significant improvement in the turnover as reflected in the published financial statements for FY19. This led to decent growth in the net profit as well though EBITDA slightly took a dip. Units generated, sent …

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Sindh Chief Minister orders action against educational institutions failing to follow SOPs

Karachi, September 23, 2020 (PPI-OT): Sindh Chief Minister Syed Murad Ali Shah has directed the education department to ensure implementation of Standard Operational Procedure (SOPs) in all educational institutions so that children could be protected from epidemics. “The institutions, public or private, which violate the SOPs must be brought to …

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Ambassador of Saudi Arabia in Pakistan Nawaf Bin Said Al-Maliki calls on Federal Minister for communications and postal services Murad Saeed

Islamabad, September 23, 2020 (PPI-OT): The Ambassador of Royal Kingdom of Saudi Arabia to the Islamic Republic of Pakistan Mr. Nawaf Bin Said Al-Maliki called on Federal Minister of Communications and Postal Services Mr. Murad Saeed at Ministry of Communications here today. The Federal Minister congratulated the Honourable Saudi Ambassador …

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CDA received record bids amounting 27 billion rupees during historic auction of commercial plots

Islamabad, September 23, 2020 (PPI-OT): Capital Development Authority received record bids amounting to 27 billion rupees during historic auction of commercial plots by Capital Development Authority (CDA) concluded at Jinnah Convention Center on Wednesday. During three days auction, Capital Development Authority (CDA) collectively received bids amounting 27 billion rupees against …

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Chief Minister Punjab and Senior Minister discusses flour and wheat situation in the province

Lahore, September 23, 2020 (PPI-OT): Senior Minister Abdul Aleem Khan called on Chief Minister Punjab Sardar Usman Buzdar at his office and discussed the availability of wheat and flour in the province. The CM directed to take indiscriminate action against the elements involved in the unjustified increase in the rate …

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