Business

This category covers all news related Business & Finance

Foreign Currency Accounts: A Financial Lifeline for Expats and Businesses in Pakistan

Karachi: In the face of Pakistan's increasingly complex economic landscape, foreign currency accounts are emerging as a vital financial tool for expatriates and businesses engaged in international trade. These accounts offer a strategic means to safeg...

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Pakistan Trade Delegation Aims to Strengthen Economic Ties with Bangladesh

Karachi: A multi-sectoral exporters' delegation from Pakistan is set to visit Bangladesh this week, with the aim of enhancing economic, commercial, and trade relations between the two countries. Led by Mr. Atif Ikram Sheikh, President of the Federatio...

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Strong Recovery in Urea Sales Projected for December 2024

Karachi: Urea sales are projected to experience a significant recovery in December 2024, reaching the highest levels in over four years, Urea off-take is expected to reach 991,000 tons, marking a 58% increase year-on-year and a 52% rise month-on-month...

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Zafar Iqbal of PCJCCI Advocates for Collaboration with China to Boost Pakistan’s Chemical Industry

Lahore: Zafar Iqbal, Vice President of the Pakistan China Joint Chamber of Commerce and Industry (PCJCCI), has emphasized the need for Pakistan to collaborate with China in order to enhance the country's chemical industry and shift its focus from bein...

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Atlas Solar Limited Receives Maintained Ratings from VIS, Outlook Upgraded to Positive

Karachi: VIS Credit Rating Company Limited has maintained the entity ratings of Atlas Solar Limited at 'A/A2' with a revised outlook from 'Stable' to 'Positive'. This reflects good credit quality and a solid likelihood of timely repayment of short-ter...

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Bank AL Habib Limited Maintains AA+ Rating Amid Competitive Landscape

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has confirmed that it is maintaining the AA+ long-term rating for Bank AL Habib Limited's Tier-I TFC VI, with a stable outlook. The decision reflects the bank's consistent efforts to strengthe...

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