Business

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Allied Bank Limited Wins Two Global Diversity & Inclusion Benchmarks Awards

Karachi: Allied Bank Limited has been recognized with two awards at the Global Diversity & Inclusion Benchmarks (GDIB) Awards organized by Diversity Hub HR Metrics. The bank's achievements underscore its commitment to fostering inclusive work ...

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Saquib Fayyaz Magoon Elected as Chairman of BMP Progressive, Khurram Ijaz Named Secretary General

Karachi: Saquib Fayyaz Magoon has been elected as the Chairman of the Businessman Panel Progressive (BMP Progressive), with Khurram Ijaz taking on the role of Secretary General. The election of these and other key office-bearers was finalized during a...

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Rafiq Suleman Appointed as Convener of FPCCI Rice Committee

KARACHI: Rafiq Suleman has been named the Convener of the Federation of Pakistan Chambers of Commerce and Industry's (FPCCI) Central Standing Committee on "Rice Production & Export Promotion" for the 2024-2025 term. The appointment, announced by P...

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Lucky Renewables’ Ratings Reaffirmed by VIS Amid Stable Outlook

Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Lucky Renewables (Private) Limited at 'A/A2', indicating a good credit quality with adequate protection factors. The outlook for the ratings remains stable, reflecting con...

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Pakistan’s OMCs See Volume Increase Despite Winter Slowdown

Karachi: Oil marketing companies (OMCs) in Pakistan reported a slight increase in volumes for December 2024, with sales reaching 1.28 million tons, marking a 3% year-on-year growth. The cumulative volume for the first half of the fiscal year 2025 was ...

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VIS Reaffirms ‘AA-‘ Fund Stability Rating for Askari Sovereign Yield Enhancer

Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the Fund Stability Rating for Askari Sovereign Yield Enhancer (ASYE) at 'AA-(f)', reflecting a high degree of stability in the Fund's Net Asset Value.

According to VIS Credit Rating Co...

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