General Business News

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: 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: 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 ...

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...