Karachi: Pak-Qatar Asset Management Company Limited (PQAMC) has achieved a significant rating upgrade for its Pak-Qatar Income Plan under the Pak Qatar Islamic Income Fund, moving from an A+ to an AA- with a Stable Outlook. This development marks a no…

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Karachi: The four-day Consumer Goods Fair, Ambiente, is scheduled to begin on February 7 in Frankfurt, Germany, featuring participation from nine Pakistani companies. This event, known as the world’s largest consumer goods fair, will run until Februar…

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KARACHI: Karachi’s Additional Inspector General of Police, Javed Alam Odho, highlighted a lack of coordination between law enforcement and the business community as a key issue affecting law and order, particularly in District East. He called for join…

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Karachi: The 4th AlBaraka Forum Regional Conference, held on January 28, 2024, in Karachi, focused on the significant contribution of Sukuk in promoting sustainable economic growth. Organized by the AlBaraka Forum for Islamic Economy in collaboration …

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Karachi: VIS Credit Rating Company Limited has maintained the entity ratings of The Imperial Electric Company Pvt Ltd at A-/A2, reflecting its good credit quality and strong likelihood of timely repayment of short-term obligations. However, the outloo…

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Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the entity ratings of KAM International, affirming a long-term rating of A- and a short-term rating of A2. The outlook for the company remains stable, with no changes to its rati…

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Karachi: Salim Valimuhammad, Chairman of the Pakistan Chemicals and Dyes Merchants Association (PCDMA), has dismissed the State Bank of Pakistan’s recent 1% reduction in the interest rate, labeling it as inadequate. He expressed concerns over the cent…

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KARACHI: Despite Prime Minister Shahbaz Sharif’s assurances, the failure to implement a significant reduction in the interest rate is a matter of concern, says Ahmed Azeem Alvi. He added that high-interest loans are hindering economic recovery and dis…

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Islamabad: Pakistan Oilfields Ltd (POL) has announced its financial results for the second quarter of fiscal year 2025, reporting a profit after tax of PkR7.6 billion, a 4% decrease compared to the same period last year. Despite the decline, the compa…

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