Islamabad: In a groundbreaking initiative aimed at enhancing healthcare accessibility, the Oil and Gas Development Company Limited (OGDCL) has donated three Mobile Eye Operation Theatre Units to Al-Shifa Trust. These units, the first of their kind in …

Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of MRA Securities Limited at ‘A-/A2’, underscoring the firm’s solid credit quality and sound liquidity profile. The ratings reflect MRA’s good certainty of timely payment and…

KARACHI: A critical water shortage has brought industrial production to a standstill in Karachi’s SITE area, as confirmed by Ahmed Azeem Alvi, President of the SITE Association of Industry. The lack of water supply for two weeks has left workers idle …

Karachi: VIS Credit Rating Company Limited has maintained its entity ratings for Ittehad Chemicals Limited (ICL) at ‘A-/A2’, while revising the outlook from Stable to Positive. The updated ratings reflect the company’s robust credit quality and sound …

KARACHI: Saudia, the national flag carrier of Saudi Arabia, has unveiled a new premium amenity kit collection in partnership with the renowned lifestyle brand, ELIE SAAB. This collaboration introduces ELIE SAAB’s elegance and sophistication to the ski…

Karachi: VIS Credit Rating Company Limited (VIS) has affirmed the Fund Stability Rating of HBL Mehfooz Munafa Fund Plan-I, also known as HBL-MMFP-I. This announcement follows the previous rating action taken on March 3, 2025.

The stability rating re…

Karachi: VIS Credit Rating Company Ltd. (VIS) has maintained the Broker Management Rating of Mohammad Munir Muhammad Ahmed Khanani Securities Limited (MMMAKSL) at ‘BMR2’, while revising the outlook from ‘Stable’ to ‘Negative’. This rating action follo…

Karachi: Hub Power Company Ltd (HUBC) reported a significant decline in its earnings for the third quarter of fiscal year 2025, owing primarily to setbacks in its power purchase agreements. The company’s net profit after tax (NPAT) stood at PkR11.0 bi…

Islamabad: Allied Bank has been recognized by UnionPay International (UPI) with an award for the highest co-badged debit card issuance. This accolade highlights the bank’s significant role in advancing digital payment solutions within Pakistan.

The…