General Business News

Karachi: A multi-sectoral exporters' delegation from Pakistan is set to visit Bangladesh this week, with the aim of enhancing economic, commercial, and trade relations between the two countries. Led by Mr. Atif Ikram Sheikh, President of the Federatio...

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Karachi: Urea sales are projected to experience a significant recovery in December 2024, reaching the highest levels in over four years, Urea off-take is expected to reach 991,000 tons, marking a 58% increase year-on-year and a 52% rise month-on-month...

The post Strong Recovery in Urea Sales Projected for December 2024 appeared first on Pakistan Business News.

Karachi: Cement dispatches in Pakistan for December 2024 reached 4.2 million tons, marking a 2% year-on-year increase, primarily fueled by a significant 49% year-on-year rise in exports. Conversely, domestic demand witnessed a 5% year-on-year decline....

The post Cement Exports Surge, Local Demand Declines in Pakistan appeared first on Pakistan Business News.

Karachi: Bank AL Habib Limited's long-term rating has been maintained at AA+ by PACRA, reflecting the bank's ongoing efforts to enhance its market position despite increasing competition.

According to The Pakistan Credit Rating Agency Limited, the ...

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Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has confirmed that it is maintaining the AA+ long-term rating for Bank AL Habib Limited's Tier-I TFC VI, with a stable outlook. The decision reflects the bank's consistent efforts to strengthe...

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Karachi: Bank AL Habib Limited has successfully maintained its long-term AAA rating for its Tier II TFC VIII debt instrument, as affirmed by The Pakistan Credit Rating Agency Limited (PACRA). The bank's steady performance is underpinned by its efforts...

The post Bank AL Habib Limited Maintains AAA Rating Amid Improved Profitability and Deposit Growth appeared first on Pakistan Business News.

Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Matco Foods Limited at 'BBB+/A2', indicating adequate credit quality with reasonable protection factors and good certainty of timely payments. The outlook on the ratings r...

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