Business

Karachi, Pakistan's economy is showing signs of improvement after a period of downturn, with positive developments in inflation control, foreign exchange reserves, and international financial relations. This progress brings forth discussions on potenti...

The post Pakistan’s Economy Shows Signs of Recovery, Calls for Interest Rate Cuts and Timely Elections appeared first on Pakistan Business News.

Karachi, The Pak Qatar Islamic Cash Fund continues to show robust performance, particularly through its Pak Qatar Daily Dividend Plan (PQDDP). Focused on delivering competitive returns with daily dividends, PQDDP has maintained its stability rating whi...

The post Pak Qatar Daily Dividend Plan Holds Steady in Market, Retains Stability Rating appeared first on Pakistan Business News.

Lahore, Mughal Energy Limited (MEL), a subsidiary of Mughal Iron & Steel Industries Limited (MISIL), is making significant strides in the energy sector with its ongoing project to install a 36.5MW hybrid capt...

The post Mughal Energy Limited Progresses on 36.5MW Hybrid Power Plant, Receives Stable Ratings from PACRA appeared first on Pakistan Business News.

Karachi, The Pakistan Credit Rating Agency Limited (PACRA) has maintained its IFS rating of Habib Insurance Company Limited, reflecting the company's stable position in the general insurance industry. The industry as a whole has seen significant growth...

The post PACRA Maintains Stable IFS Rating for Habib Insurance Amidst Industry Challenges appeared first on Pakistan Business News.

Karachi, VIS Credit Rating Company Limited (VIS) has reaffirmed the Corporate Governance Rating of Pakistan Kuwait Investment Company (Private) Limited (PKIC) at 'CGR-9+', indicating a very high level of governance. This update follows the previous rat...

The post VIS Confirms High Corporate Governance Rating for Pakistan Kuwait Investment Company appeared first on Pakistan Business News.

Karachi, The Oil and Gas Development Company (OGDC) conducted an analyst briefing today to discuss its fiscal year 2023 results and future plans. Key highlights included significant milestones in the Bettani field, seismic survey achievements, and stra...

The post OGDC Briefs Analysts on FY23 Results, Outlines Future Strategies appeared first on Pakistan Business News.

Karachi, Pakistan's economy has shown a notable recovery in the first quarter of the fiscal year 2024, with a GDP growth of 2.1%, marking a significant improvement from the previous year's figures. This upturn comes after a challenging period in FY23, ...

The post Pakistan Reports 2.1% GDP Growth in First Quarter FY24, Eyes 3.5% Annual Target appeared first on Pakistan Business News.