Business

Karachi: Urea sales are predicted to see a recovery in November 2024, reaching an estimated 649,000 tons, marking a 6% year-over-year increase and hitting an eight-month high. This projection comes despite a cumulative decline in overall urea off-take...

The post Urea Sales Forecasted to Rebound in November 2024 with Notable Growth for Key Companies appeared first on Pakistan Business News.

Karachi: Pak-Qatar Asset Management Company Limited (PQAMC) has announced reaching a significant milestone by surpassing PKR 50 billion in Assets Under Management (AUM) within its first two years of operations. This accomplishment places PQAMC among t...

The post Pak-Qatar Asset Management Company Surpasses PKR 50 Billion in Assets Under Management appeared first on Pakistan Business News.

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has affirmed its ratings for Ghulam Rasool & Company (Pvt.) Limited, maintaining both its long-term rating at A- and short-term rating at A2. The outlook has been upgraded from stable to po...

The post PACRA Maintains Positive Outlook on Ghulam Rasool & Company Amid Financial Growth appeared first on Pakistan Business News.

Karachi: VIS Credit Rating Company Limited has reaffirmed the REIT Management Company Management Quality Rating of Shields REIT Management Company Limited at 'AM4+ (RMC)'. This rating indicates that the asset manager exhibits adequate management chara...

The post VIS Reaffirms Management Quality Rating for Shields REIT Management 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.

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.