KARACHI: The Pakistan Credit Rating Agency Limited (PACRA) has assigned robust initial ratings to Engro Fertilizers Limited (EFert) for its privately placed short-term sukuk worth PKR 20 billion. The agency has conferred a long-term rating of ‘AA’ and…
Karachi: Federal Minister for Petroleum, Mr. Ali Pervaiz Malik, visited Pakistan State Oil (PSO) House to engage with key stakeholders in the energy sector. During the visit, Mr. Malik held high-level meetings aimed at strengthening coordination and e…
Karachi: Barkat Frisian Agro Limited (BFAGRO), Pakistan’s pioneering pasteurized egg producer, has been initiated with a Buy rating and a target price of Rs50, representing a promising ~47% upside from current levels. The investment case is supported …
Karachi: Al-Ghazi Tractors Ltd. (AGTL) convened an analyst briefing to discuss its financial results and strategic outlook for the fiscal year 2024 and the first quarter of 2025. The company reported earnings of PkR3.5 billion for CY24, a notable rise…
Karachi: Al-Ghazi Tractors Ltd. (AGTL) convened an analyst briefing to discuss its financial results and strategic outlook for the fiscal year 2024 and the first quarter of 2025. The company reported earnings of PkR3.5 billion for CY24, a notable rise…
Karachi: Jubilee Life Insurance, Pakistan’s largest private sector life insurance provider, has forged a strategic alliance with Neem, a prominent embedded finance platform, to digitize and optimize payments across the insurance value chain.
Neem’s …
Karachi: Continued tight monetary and fiscal policies are anticipated to further moderate inflation in the fiscal year 2026, according to a recent analysis by AKD Securities Limited. The report forecasts inflation to remain at 4.4% in FY26, aligning c…
KARACHI: The Businessmen Panel Progressive (BMPP) has resolved not to pursue new alliances in the upcoming Federation of Pakistan Chambers of Commerce & Industry (FPCCI) elections. This decision, made during a key meeting in Karachi, was backe…
Karachi: Junaid Naqi, President of the Korangi Association of Trade and Industry (KATI), has praised Prime Minister Shehbaz Sharif’s decision to lower electricity tariffs for industrial consumers, describing it as a pivotal move to bolster Pakistan’s …
Swabi:Khyber Pakhtunkhwa Governor Faisal Karim Kundi has expressed optimism about the province’s future, citing improved coordination with the federal government as a positive development.
According to Radio Pakistan, Governor Kundi emphasized the i…
