Business

This category covers all news related Business & Finance

All 15 BMG Candidates victorious in KCCI Elections with massive margin 43,485 votes casted in favor of BMG, opponent gets 315 votes only

Karachi, September 25, 2023 (PPI-OT): The Businessmen Group (BMG) attained victory in Karachi Chamber’s Annual Elections 2023 wherein all 15 BMG candidates attained 43,485 votes whereas the only opponent, who was contesting for a single seat, was able ...

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VIS Assigns Preliminary Rating to Proposed Sukuk 2 of OBS Pakistan (Private) Limited

Karachi, September 25, 2023 (PPI-OT): VIS Credit Rating Company Ltd. (VIS) has assigned preliminary rating of ‘A+’ (Single A plus) to the proposed Sukuk issue of Rs. 3.3b of OBS Pakistan (Private) Limited (‘OBS-Pak’ or ‘the Company’). Rating of ‘A+’ si...

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ICCI calls upon CDA to focus on better development of G-11 Markaz

Islamabad, September 25, 2023 (PPI-OT): Ahsan Zafar Bakhtawari, President, Islamabad Chamber of Commerce and Industry (ICCI) hosted a lunch in honor of the newly elected Office Bearers of Traders Welfare Association, G-11 Markaz, Islamabad. Naeem Akhta...

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PACRA maintains Broker Management Rating of Optimus Capital Management (Private) Limited

Lahore, September 25, 2023 (PPI-OT): Optimus Capital Management (Pvt.) Limited ('OCM' or the 'Company') has a reliable presence in the corporate advisory space. Leveraging its market renown, OCM has supported its equity brokerage operations through rev...

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Daraz and Meezan Bank Partner to Drive Electric Bike Adoption in Pakistan

Karachi, September 25, 2023 (PPI-OT): Meezan Bank and Daraz, have signed a Memorandum of Understanding (MoU) to support and encourage the use of electric bikes in Pakistan. Through this partnership, Meezan Bank will provide Shariah-compliant financing ...

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VIS Assigns Initial Broker Fiduciary Rating to Sherman Securities (Private) Limited

Karachi, September 25, 2023 (PPI-OT): VIS Credit Rating Company Ltd. (VIS) has assigned initial Broker Fiduciary Rating of ‘BFR3+’ to Sherman Securities (Private) Limited (SSPL). The assigned rating denotes good fiduciary standards. Outlook on the assi...

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