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Shabbir Mansha Churra Named Chairman of Pakistan-China Business Council

Karachi, The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) announced the appointment of Shabbir Mansha Churra as the Chairman of the Pakistan-China Business Council for the term 2024-25. Atif Ikram Sheikh, President of FPCCI, express...

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Saudi Delegation’s Visit to Boost Pakistan’s Economy and Attract More Foreign Investment

Karachi, The ongoing visit of a Saudi delegation led by Foreign Minister Faisal Bin Farhan Al Saud to Pakistan is expected to significantly stimulate Pakistan’s economy and attract further foreign investments. Organized by the United Business Group (UB...

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Karachi Business Leader Criticizes Past Policies for Economic Setbacks, Urges Agricultural Focus

Karachi, Iftikhar Ali Malik, the Founder Chairman of United Business Group and former President of SAARC Chamber of Commerce, highlighted the crucial role of Pakistan’s business community in national economic efforts and criticized past policies for ha...

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VIS Maintains ‘AAA/A-1+’ Rating for Pakistan Mortgage Refinance Company

Lahore, VIS Credit Rating Company Limited (VIS) has reaffirmed the ‘AAA/A-1+’ credit rating for Pakistan Mortgage Refinance Company Limited (PMRC), indicating a stable outlook and high credit quality similar to government securities.

According to VI...

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Auto Sales Expected to Dip in March 2024 After February Surge

Karachi, Following an impressive year-on-year growth in February 2024, the automobile industry is set to face a decline in sales for March 2024, with the three major listed auto companies anticipated to report a collective 3% decrease in sales, totali...

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PTCL Group Set to Acquire Telenor Pakistan with IFC Financing

Islamabad, The International Finance Corporation (IFC) has approved financing for PTCL Group's acquisition of Telenor Pakistan, marking a significant development in Pakistan's telecom industry. This move follows a share purchase agreement signaling ma...

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Currency Rates Fluctuate in Pakistan’s Forex Market

Karachi, The Exchange Companies Association of Pakistan reported slight fluctuations in foreign exchange rates for major currencies including the US dollar, euro, and British pound on April 9, 2024, compared to the previous day.

According to Exchang...

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