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VIS Reaffirms Ratings for Multiline Securities Limited

Karachi: VIS Credit Rating Company Ltd. has reaffirmed the entity ratings of Multiline Securities Limited at 'A-/A2', maintaining a stable outlook. This decision reflects the company's good credit quality and sound short-term liquidity factors, amidst...

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Systems Limited Projected to See Significant Profit Growth in 4QCY24

Karachi: Systems Limited is expected to report a notable increase in net profit after tax (NPAT) for the fourth quarter of the calendar year 2024, reaching PkR2.4 billion, compared to PkR1.5 billion in the same period last year. This growth is driven ...

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VIS Withdraws Ratings for CDC Share Registrar Services Limited

Karachi: VIS Credit Rating Company Limited (VIS) has announced the withdrawal of entity ratings for CDC Share Registrar Services Limited, effective immediately. This decision follows the company's choice to cease its ratings, as indicated in a recent ...

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Meezan Bank Launches Global Debit Card for Exporters and Freelancers

Karachi: Meezan Bank, Pakistan's leading Islamic bank, has introduced a Foreign Currency (FCY) Debit Card specifically designed for exporters and freelancers who maintain an Exporters' Special Foreign Currency Account (ESFCA) with the bank. This new o...

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Tetra Pak Unveils New Homogenizer Range to Boost Efficiency and Cut Costs

Lausanne: Tetra Pak has announced the expansion of its homogenizer range with the introduction of the Tetra Pak® Homogenizer 15C and the Tetra Pak® Homogenizer 20C. This new line aims to provide manufacturers with more streamlined and efficient soluti...

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Pak-Qatar Asset Management Achieves Rating Upgrade for Islamic Income Fund

Karachi: Pak-Qatar Asset Management Company Limited (PQAMC) has achieved a significant rating upgrade for its Pak-Qatar Income Plan under the Pak Qatar Islamic Income Fund, moving from an A+ to an AA- with a Stable Outlook. This development marks a no...

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Pakistani Companies to Showcase at Ambiente Fair in Frankfurt

Karachi: The four-day Consumer Goods Fair, Ambiente, is scheduled to begin on February 7 in Frankfurt, Germany, featuring participation from nine Pakistani companies. This event, known as the world's largest consumer goods fair, will run until Februar...

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