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SITE Industrialists Mourn Death of Prominent Business Leader

Karachi: The Patron-in-Chief of the SITE Association of Industry (SAI), Zubair Motiwala, alongside other prominent figures from the association, has expressed condolences on the death of AQ Khalil, a noted businessman and former President of the Karac...

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VIS Reaffirms Ratings for Unity Foods Amid Economic Challenges

Karachi: VIS Credit Ratings Company Ltd. (VIS) has reaffirmed the entity ratings of Unity Foods Limited (UFL) at 'A/A2', indicating a good credit quality with adequate protection factors, albeit with a 'Negative' outlook due to potential economic fluc...

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Currency Exchange Rates Announced for Mark to Market Revaluation

Karachi: In a recent update, the State Bank of Pakistan has released the exchange rates for the mark to market revaluation by authorized dealers in foreign exchange. The announcement outlines the rates for several major currencies, including the U.S. ...

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VIS Reaffirms Globe Residency REIT Rating Amid Economic Challenges

Karachi: The VIS Credit Rating Company Limited has reaffirmed the Development REIT rating of Globe Residency REIT (GRR) at 'RFR2 (dr)', indicating a high likelihood of successful project implementation despite various economic challenges. The outlook ...

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Exchange Rates Show Minor Variations Across Currencies

Karachi: The State Bank of Pakistan released its latest figures on February 12, 2025, revealing the weighted average customer exchange rates for various currencies. The report indicates slight fluctuations in both buying and selling rates across diffe...

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Exhibitions Forge New Business Opportunities at ‘Made in Uzbekistan’ Event

Lahore: Exhibitions play a crucial role in fostering trade, innovation, and economic growth by providing a platform for businesses to present their products, services, and innovations. This was emphasized by Mian Abuzar Shad, President of the Lahore C...

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