Daily Archives: November 8, 2024

Bitget Protection Fund Hits $424 Million Average, a 40% Increase from its Initial Commitment

Bitget Protection Fund Hits $424 Million Average, a 40% Increase from its Initial Commitment VICTORIA, Seychelles, Nov. 08, 2024 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, has released the latest valuation of its Protection Fund for October 2024. The fund, an essential safeguard for the exchange indicates the platform’s ongoing measures to […]

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Lantronix Accelerates IoT Leadership With Strategic Acquisition of DZS’s NetComm Enterprise IoT Portfolio

Expands Lantronix’s IoT Wireless Connect Portfolio With Cutting-Edge 5G Technology Strengthens Competitive Offering, Adds New Blue-Chip Customers IRVINE, Calif., Nov. 07, 2024 (GLOBE NEWSWIRE) — Lantronix Inc. (NASDAQ: LTRX), a global leader in IoT compute and connectivity IoT solutions, today announced that it has signed a definitive agreement to acquire from NetComm Wireless Pty Ltd (“NetComm”), a […]

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VIS Maintains Entity Ratings of Kohinoor Mills Limited with Stable Outlook.

Karachi: VIS Credit Rating Company Limited ('VIS') has maintained the entity ratings of Kohinoor Mills Limited ('KML' or 'the Company') at 'BBB+/A2' (Triple B Plus/A Two). The medium to long-term rating of 'BBB+' indicates adequate credit quality, wit...

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Currency Exchange Rates Show Slight Fluctuations Across Major Currencies.

KARACHI: The latest currency exchange rates reveal minor fluctuations in the buying and selling prices of major currencies including the US Dollar, Euro, British Pound, Japanese Yen, UAE Dirham, and Saudi Riyal.

According to Exchange Companies Assoc...

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VIS Upgrades BMA Capital Management’s Broker Fiduciary Rating to ‘BFR2’.

Karachi: VIS Credit Rating Company Ltd. (VIS) has announced the upgrade of the Broker Fiduciary Rating for BMA Capital Management Limited from 'BFR3++' to 'BFR2'. The outlook on this rating has been classified as stable. The BFR2 rating reflects the c...

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VIS Reaffirms Strong Entity Ratings for Lucky Cement Limited.

Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Lucky Cement Limited ("LCL", "LUCK" or "the Company") at 'AA+/A1+' (Double A plus/A One plus). Medium to long-term rating of 'AA+' indicates high credit quality; Pro...

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Meezan Bank Partners with Trifit Gym to Offer Premium Cardholders Unmatched Fitness Discounts.

Karachi: Meezan Bank, Pakistan's leading Islamic bank, has recently entered into an exclusive partnership with Trifit Gym, a world-class fitness club in Karachi and Islamabad, to offer its premium cardholders a significant discount on fitness packages...

The post Meezan Bank Partners with Trifit Gym to Offer Premium Cardholders Unmatched Fitness Discounts. appeared first on Pakistan Business News.

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Grande Palladium Announces Special Rental Promotion for Buyers.

Islamabad: Zameen.com, the official sales and marketing partner of Grande Palladium, has launched a Special Rental Promotion. This limited-time offer allows buyers to earn up to 15% of the deal price as rental income by booking a unit in the mixed-use...

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BankIslami Leaders Highlight Path to Financial Inclusion at The Future Summit.

Karachi: BankIslami Pakistan Limited, a leading force in the country's Islamic banking sector, took center stage at the 8th Edition of The Future Summit, held on November 6-7, 2024, in Karachi, with its leadership offering key insights on the evolving...

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