Business

This category covers all news related Business & Finance

UBG Endorses Government’s Privatization Plans and Transparency Efforts

Karachi, The United Business Group (UBG) has expressed strong support for the Pakistani government's recent announcement to privatize all state-owned enterprises (SOEs), emphasizing the decision to conduct these processes transparently and publicly. Th...

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PACRA Maintains Entity Ratings for Entertainment Pakistan Limited Amid Real Estate Developments

Islamabad, The Pakistan Credit Rating Agency (PACRA) has sustained the entity ratings for Entertainment Pakistan Limited (EPL), acknowledging its dual income streams from property rentals and sales, despite facing challenges such as legal hurdles and ...

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PACRA Upholds Samba Bank Limited’s Debt Instrument Rating Amid Ownership Change

Islamabad, The Pakistan Credit Rating Agency (PACRA) has maintained its debt instrument rating for Samba Bank Limited (SBL), supported by the strong financial profile of its major shareholder, Saudi National Bank (SNB), the largest commercial bank in ...

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PACRA Upholds Samba Bank Limited’s Debt Instrument Rating Amid Ownership Change

Islamabad, The Pakistan Credit Rating Agency (PACRA) has maintained its debt instrument rating for Samba Bank Limited (SBL), supported by the strong financial profile of its major shareholder, Saudi National Bank (SNB), the largest commercial bank in ...

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Bank Al Habib Enhances Mobile App with New QR Code Payment Features

Karachi, Bank Al Habib has introduced new features for QR code payments on its mobile application, enabling both merchants and customers to generate and scan QR codes for transactions more efficiently. This update is part of the bank's ongoing effort ...

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Karachi’s Economic Status Declines Amid Rising Crime and Investor Concerns

Karachi, Sindh Governor Kamran Khan Tesori has voiced concerns that Karachi, once Pakistan’s economic hub, is now facing significant challenges that include rising crime rates and dwindling investor confidence, leading to industrialists relocating fro...

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JS Bank Enhances Debit Card and ATM Services Through Partnership With Euronet Pakistan

Karachi, JS Bank has entered into a strategic partnership with Euronet Pakistan, a division of Euronet Worldwide, to upgrade its debit card management and ATM services. This collaboration is expected to streamline operations and enhance customer servi...

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