Business

Islamabad: Pakistan Petroleum Ltd (PPL) has secured a Development and Production Lease (D and PL) for the Sui Gas Field, ensuring the field's operation for the next decade and committing to settle significant financial obligations. The company announc...

The post PPL Obtains Lease for Sui Gas Field, Set to Settle PkR52.5bn in Obligations appeared first on Pakistan Business News.

Karachi: The latest currency exchange rates issued by the Exchange Companies Association of Pakistan reveal modest fluctuations in major currencies over recent days, with the US dollar, Euro, and British pound showing slight increases in both buying a...

The post Exchange Rates Show Slight Fluctuations Amidst Stable Trading appeared first on Pakistan Business News.

Karachi: Fly Jinnah, Pakistan's burgeoning low-cost airline, has announced the launch of a new direct flight route between Lahore's Allama Iqbal International Airport and King Fahd International Airport in Dammam, Saudi Arabia, starting November 16. T...

The post Fly Jinnah Introduces New Non-Stop Flights from Lahore to Dammam appeared first on Pakistan Business News.

Karachi: Zong, a leader in Pakistan's telecommunications sector, has attained the TIA-942-C Rated-3 Certification for its Data Center, underscoring its commitment to delivering top-tier digital and information services. This milestone marks a signific...

The post Zong Data Center Secures TIA-942-C Rated-3 Certification appeared first on Pakistan Business News.

Karachi: The State Bank of Pakistan (SBP) has reduced its policy rate by 250 basis points to 15.0%, a decision influenced by a faster-than-expected decline in inflation, now nearing the central bank’s medium-term target. This rate cut was part of broa...

The post SBP Cuts Rates Amid Improved Economic Indicators, Outlines Debt Management Strategy appeared first on Pakistan Business News.

Lahore: Ghani Global Holdings Limited has maintained its solid entity ratings, with a long-term rating of A- and a short-term rating of A2, reflecting its high credit quality and stable operational outlook.

According to The Pakistan Credit Rating Ag...

The post Ghani Global Holdings Maintains Strong Ratings Amidst Strategic Expansions appeared first on Pakistan Business News.

Rahim Yar Khan: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its entity ratings for Etihad Alloys (Pvt.) Limited at BBB- for long-term and A3 for short-term, with a developing outlook as the company undertakes significant expansion...

The post Etihad Alloys Retains Ratings Amid New Industrial Ventures appeared first on Pakistan Business News.