December 1, 2023
Business
Karachi, VIS Credit Rating Company Limited has reaffirmed the entity ratings of Sui Northern Gas Pipelines Limited (SNGPL) at 'AA+/A-1+' (Double A Plus/A- One Plus), indicating high credit quality and strong protection factors. The outlook on the assig...
The post VIS Credit Rating Reaffirms High Ratings for Sui Northern Gas Pipelines Limited appeared first on Pakistan Business News.
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December 1, 2023
Business
Karachi, The Pak Qatar Asan Munafa Plan (PQAMP), a key initiative under the Pak Qatar Islamic Cash Fund, continues to demonstrate stability and sound performance in the financial market. The Plan, tailored for retail investors with short-term liquidity...
The post Pak Qatar Asan Munafa Plan Maintains Stability under Pak Qatar Islamic Cash Fund, Reports PACRA appeared first on Pakistan Business News.
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December 1, 2023
Business
Karachi, Hub Power Holdings Limited, a subsidiary of The Hub Power Company Limited (HUBCO), continues to strengthen its position in Pakistan's energy sector. The company's focus on expanding energy generation capacity through indigenous resources and s...
The post Hub Power Holdings Limited Maintains Strong Position in Energy Sector with Expanding Portfolio appeared first on Pakistan Business News.
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December 1, 2023
Business
Karachi, The Pak Qatar Islamic Income Fund, catering to a medium-risk profile and focused on Shariah-compliant investments, has maintained a stable rating for its Pak Qatar Income Plan (PQIP). The Plan is specifically designed for corporate and high ne...
The post Pak Qatar Income Plan Holds Steady with Enhanced AUM and Stable Ratings appeared first on Pakistan Business News.
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December 1, 2023
Business
Karachi, The Pak Qatar Khalis Bachat Plan (PQKBP), part of the Pak Qatar Islamic Income Fund, has maintained a stable rating, reflecting its focus on providing Takaful benefits and yearly dividends under a stable income category. The plan is designed t...
The post Pak Qatar Khalis Bachat Plan Upholds Stability Amidst Economic Fluctuations appeared first on Pakistan Business News.
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November 30, 2023
Business
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.
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November 30, 2023
Business
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.
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