Business News

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-...

The post PACRA Maintains Stability Rating for Pak Qatar Daily Dividend Plan appeared first on Pakistan Business News.

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...

The post PACRA Affirms Stability Rating of Pak Qatar Cash Plan Under Islamic Cash Fund appeared first on Pakistan Business News.

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.

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.

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.

Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Oil & Gas Development Company Limited (OGDCL) at 'AAA/A1+' with a stable outlook. These ratings reflect OGDCL's robust financial health, industry leadership, and commi...

The post VIS Reaffirms Triple-A Ratings for Oil & Gas Development Company Limited appeared first on Pakistan Business News.

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...

The post PACRA Affirms Stability Rating of Pak Qatar Cash Plan Under Islamic Cash Fund appeared first on Pakistan Business News.