Business News

KARACHI: The Pakistan Credit Rating Agency Limited (PACRA) has assigned robust initial ratings to Engro Fertilizers Limited (EFert) for its privately placed short-term sukuk worth PKR 20 billion. The agency has conferred a long-term rating of 'AA' and...

KARACHI: The Pakistan Credit Rating Agency Limited (PACRA) has assigned robust initial ratings to Engro Fertilizers Limited (EFert) for its privately placed short-term sukuk worth PKR 20 billion. The agency has conferred a long-term rating of 'AA' and...

Karachi: Federal Minister for Petroleum, Mr. Ali Pervaiz Malik, visited Pakistan State Oil (PSO) House to engage with key stakeholders in the energy sector. During the visit, Mr. Malik held high-level meetings aimed at strengthening coordination and e...

Karachi: Continued tight monetary and fiscal policies are anticipated to further moderate inflation in the fiscal year 2026, according to a recent analysis by AKD Securities Limited. The report forecasts inflation to remain at 4.4% in FY26, aligning c...

KARACHI: The Businessmen Panel Progressive (BMPP) has resolved not to pursue new alliances in the upcoming Federation of Pakistan Chambers of Commerce & Industry (FPCCI) elections. This decision, made during a key meeting in Karachi, was backe...

Karachi: Junaid Naqi, President of the Korangi Association of Trade and Industry (KATI), has praised Prime Minister Shehbaz Sharif's decision to lower electricity tariffs for industrial consumers, describing it as a pivotal move to bolster Pakistan's ...

Karachi: Barkat Frisian Agro Limited (BFAGRO), Pakistan’s pioneering pasteurized egg producer, has been initiated with a Buy rating and a target price of Rs50, representing a promising ~47% upside from current levels. The investment case is supported ...