General Business News

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VIS Reaffirms Triple-A Ratings for Oil & Gas Development Company Limited

Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Oil & Gas Development Company Limited (OGDCL) at 'AAA/A1+' with a stable outlook. These ratings reflect OGDCL's robust financial health, industry leadership, and commi...

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PACRA Affirms Stability Rating of Pak Qatar Cash Plan Under Islamic Cash Fund

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the stability rating of the Pak Qatar Cash Plan under the Pak Qatar Islamic Cash Fund at AA(f), with a stable outlook. The rating signifies a low-risk profile, reflecting the Fu...

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TDAP to Join Automechanika Istanbul 2025, Offers Subsidized Stalls for Pakistani Exhibitors

Karachi: The Trade Development Authority of Pakistan (TDAP) has announced its participation in the upcoming Automechanika Istanbul 2025 exhibition, scheduled to take place from June 12 to June 15, 2025, in Istanbul, Turkey. The event is recognized as ...

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PACRA Revises Outlook for Mughal Energy Limited Amid Financing and Operational Developments

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has updated its entity ratings for Mughal Energy Limited (MEL), maintaining the long-term rating at 'A' and the short-term rating at 'A2', while revising the outlook from 'Stable' to 'Developin...

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PACRA Reaffirms Stability Rating for Pak Qatar Khalis Bachat Plan

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the stability rating of the Pak Qatar Khalis Bachat Plan under the Pak Qatar Islamic Income Fund. The long-term rating remains at A(f), with a stable outlook.

According to Pak...

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PACRA Maintains AAA Rating for WAPDA Dasu TFC-D, Citing Strategic Importance and Government Support

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has upheld the AAA rating for the WAPDA Dasu TFC-D, a debt instrument, underscoring the strategic significance of the Pakistan Water and Power Development Authority (WAPDA) as the country's pri...

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