Business

This category covers all news related Business & Finance

PACRA Maintains Entity Ratings of Jamal Pipe Industries (Private) Limited

Lahore, July 04, 2023 (PPI-OT): Jamal Pipes Industries (Pvt.) Limited (“The Company or JPI”), a family operated business, is engaged in manufacturing of pipes and allied products for four decades. The Company's product slate includes black line pipes, ...

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1LINK Onboards Al Meezan Investment (Private) Limited as an Affiliate Member on 1LINK Services

Karachi, July 04, 2023 (PPI-OT): Al Meezan Investment Management Limited, has been onboarded by 1LINK (Pvt.) Ltd. as an Affiliate member through M/s Meezan Bank Limited as its settlement bank. This collaboration will enable Al Meezan’s investors to con...

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Pakistan’s First ‘AAA’ Rated Rs. 2.5 Billion ‘Gender Bond’ Launched

Karachi, July 04, 2023 (PPI-OT): InfraZamin Pakistan, Kashf Foundation and Arif Habib Limited launch Pakistan’s first ‘AAA’ rated, Rs. 2.5 billion, fully Guaranteed ‘Gender Bond’ for bond capital market investors. InfraZamin Pakistan, a licensed NBFI a...

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Setting The Record Straight: Examining Karachi’s Loadshed Profile

Karachi, July 04, 2023 (PPI-OT): In response to reports about power situation in Karachi and adjoining areas, KE maintains that there the loadshed plan is the same as announced and implemented in March 2023. The company conducts periodic assessments of...

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BankIslami Pakistan Achieves AA- Rating, Solidifying Its Position as a Leading Financial Institution

Karachi, July 04, 2023 (PPI-OT): BankIslami, Pakistan’s leading Islamic bank, is delighted to announce that it has been upgraded to an AA- rating. This prestigious rating reaffirms the bank's commitment to excellence, sound financial management, and it...

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VIS Maintained Preference Share Ratings of PGP Consortium Limited

Karachi, July 04, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has maintained the preference share ratings of PGP Consortium Limited (PGPC) at ‘BBB’ (Triple B). Outlook on the assigned ratings has been revised from ‘Rating Watch - Developing’...

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