Business

This category covers all news related Business & Finance

Emirates and Condor Boost Global Connectivity with New Partnership

Dubai, Emirates and Condor have announced a significant enhancement to their global connectivity through a newly activated reciprocal interline agreement. This collaboration will enable customers to access 70 routes across various continents including ...

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Emirates Announces $950 Million Investment in State-of-the-Art Engineering Facility in Dubai

Dubai, Emirates, the world's largest international airline, revealed plans to invest a staggering $950 million in constructing a new, ultra-modern engineering facility at Dubai World Central (DWC). This expansive project, covering 1 million square mete...

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VIS Revises Outlook for International Industries Limited to Stable, Maintains Ratings

Karachi, VIS Credit Rating Company Ltd. (VIS) has revised the rating outlook for International Industries Limited (IIL) from 'Rating Watch - Developing' to 'Stable', while maintaining its entity ratings at 'AA-/A-1'. This revision reflects IIL's resili...

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PACRA Maintains Stable Ratings for Sapphire Fibres Limited Amid Textile Industry Volatility

Lahore, The Pakistan Credit Rating Agency Limited (PACRA) has maintained the entity ratings of Sapphire Fibres Limited, reflecting the company's strong business profile and its ability to manage volatility in the textile industry. Sapphire Fibres Limit...

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VIS Reaffirms Servo Motor Oil’s Ratings with Stable Outlook Amid Industry Challenges

Karachi, VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Servo Motor Oil (Private) Limited (SMOPL) at ‘BBB/A-2’, indicating adequate credit quality and good certainty of timely payment with a stable outlook. This rating ref...

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