Karachi: VIS Credit Rating Company Limited has assigned an 'A1' short-term rating to the Short Term Sukuk issued by Al Karam Textile Mills (Private) Limited. The rating indicates a strong likelihood of timely repayment of the company's short-term obli...
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VIS Matures Rating for Al-Karam Textile Mills’ Short Term Sukuk-1
Karachi: VIS Credit Rating Company Limited (VIS) has announced the maturity of the rating for the Short Term Sukuk-1 (STS-1) issued by Al-Karam Textile Mills (Private) Limited. The sukuk, valued at PKR 4.0 billion, has reached its maturity following i...
Read More »VIS Reaffirms Strong Ratings for Biotech Energy Amid Renewable Expansion
Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Biotech Energy (Private) Limited at 'A/A1', highlighting the company's robust credit quality and strong likelihood of timely short-term repayment. The outlook remains stab...
Read More »UBL Reports Robust Earnings Growth in First Quarter 2025
Karachi: United Bank Ltd (UBL) has reported a notable increase in its net profit after tax (NPAT) for the first quarter of the calendar year 2025, amounting to PkR36.1 billion, a significant rise of 126% year-on-year and 39% quarter-on-quarter. The ba...
Read More »DPM, Hungarian Envoy Discuss Bilateral Ties
Islamabad: Ambassador of Hungary B©la Fazekas called on Deputy Prime Minister Ishaq Dar in Islamabad today (Wednesday). They expressed keen interest in strengthening bilateral ties and looked forward to the upcoming visit of the Hungarian Minister of ...
Read More »KATI and UAE Discuss Strengthening Trade Ties
Karachi: President of the Korangi Association of Trade and Industry (KATI), Junaid Naqi, recently met with Dr. Bakheet Ateeq Al-Remeithi, the Consul General of the United Arab Emirates in Karachi, to explore avenues for enhancing bilateral trade and p...
Read More »Punjab CM Launches Environmental Protection Force in Lahore
Islamabad: Punjab Chief Minister Maryam Nawaz today launched the province's first Environmental Protection Force during a grand passing-out parade in Lahore. According to Radio Pakistan, the ceremony marked a key step in the government's mission to ...
Read More »Sialkot Chamber Hosts Delegation to Strengthen Business-Government Synergy
Sialkot: The Sialkot Chamber of Commerce and Industry (SCCI) recently welcomed a delegation of Civil Officers from the National Institute of Public Administration (NIPA), Islamabad, underscoring ongoing efforts to improve governance and enhance the bu...
Read More »Pakistan Calls for UNSC’s Consistent Support to Peace Operations
Islamabad: Deputy Prime Minister Ishaq Dar has called for UN Security Council's unified and consistent support to all peace operations. He was addressing the closing of a peacekeeping ministerial preparatory meeting, co-hosted by Pakistan and the Repu...
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