Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the stability rating of the Alfalah GHP Money Market Fund (AGMMF), maintaining its classification under a low-risk profile. The fund aims to deliver competitive returns by inves...
Read More »Monthly Archives: November 2025
PACRA Affirms Stability Rating for Alfalah GHP Sovereign Fund
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its stability rating for the Alfalah GHP Sovereign Fund (AGSOF), noting the fund's medium risk profile and strategic asset allocation. AGSOF aims to deliver optimal risk-adjuste...
Read More »Morgan Wallen Joins Spotify’s Elite with Record-Breaking Country Hits
Nashville: Morgan Wallen, a prominent figure in the country music scene, has reached a significant milestone, with his track "Last Night" becoming the first solo country song to surpass one billion streams. This achievement places Wallen among the few...
Read More »Saudi Arabia Joins Global Framework for Close-Out Netting
RIYADH, Saudi Arabia, Nov. 11, 2025 (GLOBE NEWSWIRE) — The International Swaps and Derivatives Association (ISDA) has published its legal opinions that recognize the enforceability of close-out netting in Saudi Arabia, a move that provides global financial institutions with greater legal certainty when transacting in the Kingdom’s Derivatives Market. The decision follows the Capital Market […]
Read More »North Atlantic France SAS provides updates on the contemplated acquisition of a majority stake in Esso Société Anonyme Française SA
Paris, France, Nov. 10, 2025 (GLOBE NEWSWIRE) — North Atlantic France SAS provides updates on the contemplated acquisition of a majority stake in Esso Société Anonyme Française SA Turkish antitrust clearance obtained; transaction remains subject to French direct foreign investment authorization and EU Foreign Subsidies clearance Transaction target closing date set for November 28, 2025 […]
Read More »Sri Lanka Seeks to Strengthen Trade Ties with Pakistan: Invitation Extended for Colombo Summit 2025
KARACHI: The Consul General of Sri Lanka, P.K. Sanjeewa Pattiwila, emphasized the potential for increased trade and investment between Sri Lanka and Pakistan, focusing on untapped sectors such as agri-based industries, seafood, spices, and information...
Read More »Agriauto Industries Posts Revenue Surge and Profit Rebound in FY25
Karachi: Agriauto Industries Ltd. (AGIL) has reported a remarkable financial turnaround for the fiscal year 2025, posting a 39% year-over-year increase in revenue to PKR11.9 billion, up from PKR8.5 billion in the previous fiscal year. This growth was ...
Read More »Fatima Fertilizer’s Sarsabz Kissan Convention Aims to Boost Wheat Yields in Multan
Lahore: Fatima Fertilizer, in collaboration with the Government Agriculture Department and local authorities, held the Sarsabz Kissan Convention in Multan, bringing together over 1,300 farmers to discuss innovative practices for increasing wheat yield...
Read More »SMEDA and PBS Forge Partnership to Enhance SME Development
Lahore: The Small and Medium Enterprises Development Authority (SMEDA) and the Pakistan Bureau of Statistics (PBS) have formalized a partnership through a Memorandum of Understanding (MoU) aimed at enhancing evidence-based policy formulation to suppor...
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