General Business News

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PACRA Maintains Stability Rating for Pak Qatar Monthly Income Plan

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has announced that it is maintaining the stability rating of the Pak Qatar Monthly Income Plan, part of the Pak Qatar Islamic Income Fund, at A+(f) with a stable outlook. The stability rating ...

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Korangi Industrial Zone Seeks Enhanced Coordination for Development

Karachi: The Korangi Association of Trade and Industry (KATI) is set on transforming the Korangi industrial area into a leading industrial zone. At a recent meeting, KATI President Junaid Naqi emphasized the importance of collaboration with district a...

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PACRA Maintains Stability Rating for Pak Qatar Daily Dividend Plan

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the stability rating of the Pak Qatar Daily Dividend Plan, a constituent of the Pak Qatar Islamic Cash Fund, at AA(f) with a stable outlook. This rating reflects the fund's low-...

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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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Petroleum Sales Surge in November, Yet PDL Targets Remain Elusive

Karachi: A notable increase in petroleum sales was observed in November 2024, with the Oil Marketing Companies (OMC) industry reporting a 15% year-on-year growth in sales volumes.

According to JS Global, this uptick is attributed to the low base fr...

The post Petroleum Sales Surge in November, Yet PDL Targets Remain Elusive appeared first on Pakistan Business News.

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Korangi Industrial Zone Seeks Enhanced Coordination for Development

Karachi: The Korangi Association of Trade and Industry (KATI) is set on transforming the Korangi industrial area into a leading industrial zone. At a recent meeting, KATI President Junaid Naqi emphasized the importance of collaboration with district a...

The post Korangi Industrial Zone Seeks Enhanced Coordination for Development appeared first on Pakistan Business News.

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PACRA Affirms AAA Rating for WAPDA Debt Instrument, Citing Strategic Importance

LAHORE: The Pakistan Credit Rating Agency Limited (PACRA) has affirmed the AAA long-term rating for the Pakistan Water and Power Development Authority’s (WAPDA) debt instrument, maintaining a stable outlook. This decision underscores the strategic imp...

The post PACRA Affirms AAA Rating for WAPDA Debt Instrument, Citing Strategic Importance appeared first on Pakistan Business News.

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