Business News

Karachi: Meezan Bank, Pakistan's leading Islamic bank, has entered into a strategic alliance with CashNow, Pakistan's pioneering supply chain finance platform, to revolutionize Shariah-compliant supply chain finance. A Memorandum of Understanding (MoU...

The post Meezan Bank and CashNow Collaborate to Launch Pakistan’s First Digital Islamic Supply Chain Finance Product. appeared first on Pakistan Business News.

Karachi: Lucky Cement Company Limited (LUCK) conducted its Corporate Briefing yesterday to discuss 1QFY25 results and outlook. On a standalone basis, the company reported an EPS of Rs22.4 for 1QFY25, up 1% YoY/down 31% QoQ. Meanwhile, on a consolidate...

The post Lucky Cement’s Strategic Cost Optimization and Renewable Ventures. appeared first on Pakistan Business News.

Lahore: The Punjab government has made a forward-thinking investment of PKR 4 billion to launch the Chief Minister's "Free Solar Panel Project", as reported by a source on November 11.

According to Zameen.Com, this substantial allocation aims to en...

The post Punjab Government Invests PKR 4 Billion in Free Solar Panel Initiative to Cut Energy Bills. appeared first on Pakistan Business News.

Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Shahtaj Textile Limited at 'A-/A2' (Single A Minus/A Two). The long-term entity rating of 'A-' signifies good credit quality with adequate protection factors, though...

The post VIS Reaffirms Entity Rating of Shahtaj Textile Limited. appeared first on Pakistan Business News.

Karachi: VIS Credit Ratings Company Ltd. (VIS) has reaffirmed the entity ratings of Sindh Modaraba ('SM' or the 'Modaraba') at 'A+/A1' (Single A Plus/A One). The medium to long-term rating of 'A+' signifies good credit quality with adequate protection...

The post VIS Reaffirms Entity Ratings of Sindh Modaraba. appeared first on Pakistan Business News.

Karachi: VIS Credit Rating Company Limited (VIS) has assigned initial entity ratings of 'A/A2' (Single A/A Two) to Noventa Pharma (Private) Limited ('NPL' or the 'Company'). Medium to long term rating of 'A' indicates good credit quality; protection f...

The post VIS Assigns Initial Ratings to Noventa Pharma (Private) Limited. appeared first on Pakistan Business News.

Lahore: The Pakistan Credit Rating Agency Limited has announced that it is maintaining the entity ratings for Glamour Textile Mills Limited, reflecting the company's sustained performance despite significant industry challenges. The ratings for Glamou...

The post PACRA Maintains Ratings for Glamour Textile Mills Limited Amid Industry Challenges. appeared first on Pakistan Business News.