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Islamabad, March 12, 2021 (PPI-OT): Etisalat delegation comprising of top management held meetings with Federal Ministers and other key government stakeholders in Islamabad on Thursday. The delegation led by Group CEO Etisalat Hatem Dowidar met with the Federal Minister for Finance, Dr. Abdul Hafeez Shaikh, Federal Minister for Privatization, Muhammad …
Read More »Daily Archives: March 12, 2021
Zong Celebrates Women’s Day Virtually with Great Fervour
Islamabad, March 12, 2021 (PPI-OT): Pakistan’s leading cellular and digital services company, Zong 4G, celebrated International Women’s Day with great zeal and fervour through a virtual session for female employees across Pakistan. The company, through the event, solidified its commitment to the inclusion, enablement, and care of women at the …
Read More »Dawlance collaborates with Daraz to offer a wide range of Appliances on DarazMall
Lahore, March 12, 2021 (PPI-OT): Dawlance the #1 brand of home-appliances in Pakistan, a subsidiary of Arcelik – the 2nd largest white goods manufacturer in Europe, celebrates its 40 years of Reliability by making its products available to a wider customer base on DarazMall. The brand launched its official E-Commerce …
Read More »PACRA Upgrades Stability Rating of Lakson Money Market Fund
Lahore, March 12, 2021 (PPI-OT): The rating upgrade incorporate the placement of fund’s assets in highly liquid and secure investment avenues having limited exposure to market risk. The rating reflect the fund’s strong credit quality, robust liquidity and low exposure to interest rate volatility. The fund aims to invest in …
Read More »PACRA Maintains Stability Rating of MCB DCF Income Fund
Lahore, March 12, 2021 (PPI-OT): The rating reflects the adequate strength of the fund’s credit and interest rate risk profile. Investment in short tenor instruments and considerable placements in banks enhances the liquidity profile of the fund. As per the IPS, weighted average time to maturity of the net assets …
Read More »PACRA Maintains Stability Rating of MCB Pakistan Sovereign Fund
Lahore, March 12, 2021 (PPI-OT): The rating reflects strong strength of the fund’s liquidity and credit risk profile and a moderate strength of the interest rate risk profile. The Investment process adapt a pre-emptive risk management framework to dilute risk levels and volatility during the portfolio construction process. The fund …
Read More »PACRA Maintains Stability Rating of Pakistan Cash Management Fund
Lahore, March 12, 2021 (PPI-OT): The rating reflects the fund’s good credit quality, interest rate risk and sound liquidity profile emanating primarily from its mandate to invest in government securities and other low duration avenues such as bank placement’s and ensuring low exposure to interest rate risk. The time to …
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