Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the stability rating of the ABL Cash Fund, maintaining its position as a low-risk investment option. The Fund is designed to offer capital preservation and liquidity through a c...
Read More »UBL Reports Robust 3Q2025 Earnings Surge Amid Strategic Expansion
Karachi: United Bank Limited (UBL) announced a significant increase in its third-quarter earnings for 2025, reporting a 93% year-on-year rise to Rs35.4 billion, with earnings per share (EPS) reaching Rs14.1. This performance aligns with market expecta...
Read More »PACRA Reaffirms ABL Financial Sector Fund’s Stability Rating
Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the stability rating of the ABL Financial Sector Fund, underscoring the fund's robust strategy and strong liquidity profile. The fund, which carries a moderate-risk profile, is d...
Read More »Economic Diplomacy Ushers in New Era of Prosperity, Says Business Leader
Karachi: Mian Zahid Hussain, a prominent figure in Pakistan's business community, has praised the diplomatic endeavors of Prime Minister Mian Shehbaz Sharif and Chief of Army Staff Field Marshal Asim Munir, attributing recent economic advancements to ...
Read More »Engro Fertilizers Posts Mixed Results with Decline in Earnings and Dividend
Karachi: Engro Fertilizers reported a mixed set of financial results for the third quarter of 2025, revealing a 32% year-on-year decline in earnings per share (EPS) to Rs4.35. The company also declared a cash dividend of Rs4.50 per share, which fell s...
Read More »PACRA Affirms Stability Rating for ABL Government Securities Fund
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has affirmed the stability rating of the ABL Government Securities Fund (ABL GSF), highlighting the Fund's commitment to delivering optimal risk-adjusted returns through strategic investments ...
Read More »Dubai Islamic Bank and Fauree Tech Unveil Shariah-Compliant Financial Platform in Pakistan
Karachi: Dubai Islamic Bank Pakistan Limited (DIBPL) has teamed up with Fauree Tech (Pvt.) Ltd. to introduce Pakistan's first multi-product, fully Shariah-compliant Digital Supply Chain Finance (DSCF) platform. The platform aims to provide rapid and t...
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