Business

Karachi, In a recent evaluation, VIS Credit Rating Company Limited has reaffirmed the entity ratings of Agha Steel Industries Limited (ASIL) as 'A/A-2', reflecting a stable outlook. This assessment signifies ASIL's robust credit quality and assures inv...

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Karachi, The Consumer Price Index (CPI) for December 2023 in Pakistan is expected to show a marginal slowdown to 28.6% on a year-over-year basis, recent forecasts. This deceleration trend is anticipated to continue, supported by a decrease in fuel pric...

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Karachi, Meezan Bank recently held its 63rd Shariah Board Meeting at Darul Uloom in Karachi, chaired by Justice (Retd.) Muhammad Taqi Usmani. The meeting was attended by key members of the Shariah Board and senior management of the bank, focusing on al...

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Islamabad, Bank Alfalah, a leader in commercial and digital banking in Pakistan, has launched the country's first Digital Payments Sales and Service Centers. These centers, located in Karachi's Badar Commercial DHA and Disco Bakery Gulshan, are designe...

The post Bank Alfalah Inaugurates Pakistan’s First Digital Payments Centers for Merchants and Small Businesses appeared first on Pakistan Business News.

Karachi, VIS Credit Rating Company Limited (VIS) has reaffirmed its entity ratings for FFBL Power Company Limited (FPCL) at ‘AA-/A-1’ (Double AA Minus/A-One), signifying high credit quality and strong certainty in timely payment amidst changing economi...

The post VIS Upholds Strong Ratings for FFBL Power Company Amid Economic Adjustments appeared first on Pakistan Business News.

Karachi, Lucky Electric Power Company Limited (LEPCL) has established a new paradigm in Pakistan's energy sector with the successful commissioning of a 1x660MW coal-fired power plant and the launch of a novel financial instrument.According to Pakistan ...

The post Lucky Electric Power Company Limited Sets Benchmark with Coal-Fired Plant and New Financial Instrument appeared first on Pakistan Business News.

Karachi, The Pak Oman Daily Dividend Fund, a significant Islamic short-term investment vehicle, has maintained its stability rating, reflecting its low-risk profile and focus on providing daily liquidity to investors through Islamic short-term instrume...

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