General Business News

Karachi: Lucky Cement has announced plans to host a complimentary heart screening camp for residents in the vicinity of its Pezu Plant. The camp, supported by Tabba Heart Institute, aims to provide essential heart health services to local communities....

Lahore: Packages Real Estate (Pvt.) Limited (PREL), the real estate division of the prominent Packages Group, has received its initial entity ratings from the Pakistan Credit Rating Agency Limited (PACRA). With the strategic location of its flagship p...

Karachi: VIS Credit Rating Company Limited has commenced a review of Muhammad Munir Muhammad Ahmad Khanani Securities Limited, according to a press release issued on April 10, 2025. This review marks the beginning of a rating assessment process for th...

Karachi: VIS Credit Rating Company Limited has initiated a review of Topline Securities Limited, according to a recent announcement. This move marks the beginning of a detailed assessment process, which will culminate in a new rating announcement once...

LAHORE: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its rating of Mughal Iron and Steel Industries Limited, a significant player in the steel industry, as the company continues to navigate industry-wide challenges. Mughal faces su...

Karachi: The State Bank of Pakistan has released updated weighted average customer exchange rates, revealing subtle fluctuations in currency values. The rates, effective April 10, 2025, showcase minor adjustments across several major currencies, inclu...

Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Foundation Securities (Pvt) Limited at 'A/A2', with a stable outlook. The long-term rating of 'A' indicates good credit quality and adequate protection factors, though ris...