Business

This category covers all news related Business & Finance

PACRA Maintains Rating for Spectrum Securities Amid Market Growth

Karachi: PACRA has maintained its broker management rating for Spectrum Securities Limited at a BMR3+ level, reflecting a stable outlook. This was announced in a recent review of the company's performance in the equity brokerage sector.

According to...

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EOBI to Reinstate Help Desk and Address Contribution Issues, Says Acting Chairman

Karachi: Acting Chairman of the Employees Old Age Benefit Institution (EOBI), Javed A. Shaikh, announced plans to reinstate a help desk within the Korangi Association of Trade and Industry (KATI) and address pressing contribution issues. The announcem...

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Turkish Ambassador Explores Investment Opportunities with Dawlance in Karachi

Karachi: The newly appointed Turkish Ambassador to Pakistan, Mr. Irfan Neziroglu, recently paid a visit to the Dawlance head office in Karachi to discuss potential investment opportunities between the two countries. The meeting, attended also by the C...

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National Bank of Pakistan Signs Co-Badging Agreement with 1LINK and Mastercard

Karachi: National Bank of Pakistan (NBP) has become the first commercial bank in the country to enter into a co-badging agreement with 1LINK and Mastercard, marking a pivotal development in the advancement of digital payment solutions in Pakistan. Thi...

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OGDCL Advances Tight Gas Exploration in Pakistan’s Indus Basin

Karachi: Oil and Gas Development Company Limited (OGDCL) is advancing its exploration of tight gas resources in Pakistan's Indus Basin, aligning with the Government of Pakistan's new Tight Gas Policy 2024. The company has achieved initial success with...

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Jazz Partners with ENA for Precision Cooling in Data Centers

Karachi: Jazz has signed a three-year frame agreement with ENA, a subsidiary of JBS, to provide precision cooling solutions for its data centers, aiming to ensure top-tier connectivity services and contribute to sustainability goals.

According to J...

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Oil and Gas Development Company Credits Interim Dividend to Shareholders

Karachi: Oil and Gas Development Company Limited (OGDCL) has credited the first interim cash dividend of Rs 3.00 per share to its shareholders for the period ending September 30, 2024. The payment was electronically deposited into the designated bank ...

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