Business

Karachi, August 18, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of DWP Technologies (Pvt.) Ltd. (DWPTL) at ‘A-/A-2’ (Single A Minus/A-Two). The long-term rating of ‘A-’ signifies good credit quality with ade...

The post VIS Reaffirms Entity Ratings of DWP Technologies (Private) Limited appeared first on Pakistan Business News.

Muhammad Ali has taken charge as the care taker Minister for Energy, Power and Petroleum.Muhammad Ali has over 30 years of domestic and international work experience in the public and private sectors, including as Chairman of the Securities and Exchan...

Lahore, August 18, 2023 (PPI-OT): Pak Oman Income Fund (or the “Fund”) is a moderate risk profile Fund. The objective of the Fund is to provide its unit holders competitive returns from portfolio of investment with low credit risk with maximum possible...

The post PACRA Maintains Stability Rating of Pak Oman Income Fund (Formerly Pak Oman Government Securities Fund) appeared first on Pakistan Business News.

Lahore, August 16, 2023 (PPI-OT): During 5-year the overall market declined due to numerous economic challenges, delays in the resumption of the IMF programmed, a growing fiscal deficit, soaring inflation, and increase in the policy rate. PACRA ranked ...

The post PACRA Assigns Star Ranking to NBP Islamic Stock Fund 5-Year appeared first on Pakistan Business News.

Lahore, August 16, 2023 (PPI-OT): During 5-year the overall market declined due to numerous economic challenges, delays in the resumption of the IMF programmed, a growing fiscal deficit, soaring inflation, and increase in the policy rate. PACRA ranked ...

The post PACRA Assigns Star Ranking to AKD Opportunity Fund 5-Year appeared first on Pakistan Business News.

Karachi, August 16, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has withdrawn the instrument rating of Agha Steel Industries Limited (ASIL)’s Sukuk 1 on account of redemption through exercise of call-option on August 11, 2023. The Sukuk was ...

The post VIS Withdraws Sukuk 1 rating of Agha Steel Industries Limited appeared first on Pakistan Business News.

Lahore, August 16, 2023 (PPI-OT): The ratings reflect National Transmission and Despatch Company’s (NTDC) “the Company” ownership structure dominantly owned by the Government of Pakistan (GoP). The Company is of strategic importance to Pakistan as bein...

The post PACRA maintains Entity Ratings of National Transmission and Despatch Company Limited appeared first on Pakistan Business News.