Business

This category covers all news related Business & Finance

PACRA Maintains Stability Rating of AL Habib Islamic Income Fund

Lahore, September 04, 2023 (PPI-OT): AL Habib Islamic Income Fund (or the "Fund") reflects the medium risk profile Fund. The objective of AHIIF is to provide competitive risk adjusted returns to its investors by investing in a diversified portfolio of ...

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MCB Islamic Bank Achieves Remarkable Half-Yearly Profit of PKR 4 Billion

Lahore, September 04, 2023 (PPI-OT): MCB Islamic Bank’s profit before tax has soared from Rs. 595 million in June 2022 to an impressive Rs. 4.013 billion for the half-year ended June 30, 2023. This achievement reflects the bank’s commitment to low-cost...

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Power Supply to Dhabeji Pumping Station was Immediately Restored: KE Spokesperson

Karachi, September 04, 2023 (PPI-OT): KE spokesperson stated that the power interruption at Dhabeji pumping station was immediately restored via an alternative electric supply. The Water Board’s supply line Number 5, which supplies water to a majority ...

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PACRA Maintains Entity Ratings of Trans World Associates (Private) Limited

Lahore, September 04, 2023 (PPI-OT): Trans World Associates (Pvt.) Limited (“the Company” or “TWA”) is principally engaged in establishing, maintaining and operating a private fiber optic submarine cable system, and landing station and provide telecomm...

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