Lahore: In a recent development, Masood Spinning Mills Limited (MSML) has been assigned a preliminary A- rating by The Pakistan Credit Rating Agency Limited (PACRA) for its debt instrument, which is valued at PKR 3.0 billion. The rating reflects the c…
Karachi: Authorized dealers in foreign exchange received updated exchange rates for mark to market revaluation from the State Bank of Pakistan. The latest data reflects the currency values against the Pakistani Rupee, effective immediately.
The US D…
Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has announced the continuation of its AAA rating for the WAPDA Dasu TFC-E, underscoring the strategic importance of the Pakistan Water and Power Development Authority (WAPDA) in the nation’s hy…
Karachi: Bank AL Habib has announced a special Eid discount campaign, offering up to 40% off at select eateries across Pakistan for its debit and credit cardholders. The promotion aims to enhance the festive experience for customers by providing signi…
Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has assigned initial entity ratings to A. Rahim Foods (Pvt.) Limited, positioning the company as a stable and influential player in the food processing industry. The agency has given A. Rahim F…
Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Olympia Oils (Pvt) Limited at ‘A-/A2’. The ratings indicate a good credit quality with adequate protection factors and a stable outlook. The previous rating action was ann…
Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its long-term AAA rating for the WAPDA Dasu Sukuk-E, citing the strategic importance of the Pakistan Water and Power Development Authority (WAPDA) in the country’s water and hydr…
ISLAMABAD: Pakistan is poised to strengthen its trade relations with Asia-Pacific countries through the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI), a significant regional trade organization. The Federation of Pakistan Cham…
Dhaka: Emirates, the world’s largest international airline, has taken a significant step in supporting early education in Bangladesh by donating 187 special edition ‘Aircrafted KIDS by Emirates’ bags. This initiative aims to aid the country’s ongoing …
Islamabad:Kech One terrorist belonging to the group Fitna al Hindustan was killed during an intelligence-based operation in the Minaz area of Kech district. Security forces engaged the terrorists as they attempted to establish a blockade, accompanied …
