Business

ISLAMABAD, In a recent development, JS Investments Limited (JSIL) has broadened its portfolio with the launch of the JS Islamic Premium Fund (JSIPF), offering investors a medium-risk avenue for Shariah-compliant income.According to JS Investments, the ...

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KARACHI, Auto sales in Pakistan are expected to remain low in October 2023, as the three listed Original Equipment Manufacturers (OEMs) are likely to report a combined sales volume of just 5,300 units. This figure represents a steep 59% year-over-year ...

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ISLAMABAD , The cost of the Bhara Kahu bypass construction project has risen to PKR 8 billion, a significant increase from the originally approved budget of PKR 6.5 billion. This escalation in the project's financial requirements is attributed to an ex...

The post Bhara Kahu Bypass Project Budget Rises to PKR 8 Billion Due to Expanded Scope appeared first on Pakistan Business News.

Peshawar, The government of Khyber Pakhtunkhwa has announced an investment of PKR 1 billion into the Bus Rapid Transit (BRT) service in Peshawar to maintain its operations, a decision that has been welcomed by commuters and officials alike.According to...

The post KP Government Allocates PKR 1 Billion to Sustain Peshawar BRT Services appeared first on Pakistan Business News.

LAHORE, The Pakistan Credit Rating Agency Limited (PACRA) has assigned a preliminary rating to The Hub Power Company Limited (HUBCO) for its upcoming privately placed short-term sukuk issuance. This rating reflects HUBCO's established presence in the p...

The post PACRA Assigns Preliminary Rating to The Hub Power Company Limited’s Short Term Sukuk appeared first on Pakistan Business News.

LAHORE, Mughal Iron & Steel Industries Limited, a prominent name in the steel industry, has maintained a strong and improving business profile over recent years, as per The Pakistan Credit Rating Agency Limited (PACRA). The company'...

The post Mughal Iron & Steel Industries Maintains Strong Business Profile Amidst Challenges appeared first on Pakistan Business News.

Islamabad, The Central Development Working Party (CDWP) has sanctioned nine significant development projects, amounting to PKR 224 billion, aiming to bolster international financial support from various multilateral and bilateral sources.According to Z...

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