Ormara: Naval Chief Admiral Naveed Ashraf has reiterated that Pakistan Navy would continue to utilize all its resources for the well-being of the coastal population, in addition to defending the maritime borders. He made these remarks during the inaug...
Read More »Govt Continuing Action Against Drug Trafficking
Islamabad: Relevant government departments are continuing their action against drug trafficking. Twenty-five cases were registered and twenty drug dealers were arrested across the country during the past week. According to Radio Pakistan, during th...
Read More »Govt Continuing Action Against Drug Trafficking
Islamabad: Relevant government departments are continuing their action against drug trafficking. Twenty-five cases were registered and twenty drug dealers were arrested across the country during the past week. According to Radio Pakistan, during th...
Read More »VIS Assigns ‘A1’ Rating to Al Karam Textile’s Short Term Sukuk
Karachi: VIS Credit Rating Company Limited has assigned an 'A1' short-term rating to the Short Term Sukuk issued by Al Karam Textile Mills (Private) Limited. The rating indicates a strong likelihood of timely repayment of the company's short-term obli...
Read More »VIS Matures Rating for Al-Karam Textile Mills’ Short Term Sukuk-1
Karachi: VIS Credit Rating Company Limited (VIS) has announced the maturity of the rating for the Short Term Sukuk-1 (STS-1) issued by Al-Karam Textile Mills (Private) Limited. The sukuk, valued at PKR 4.0 billion, has reached its maturity following i...
Read More »VIS Reaffirms Strong Ratings for Biotech Energy Amid Renewable Expansion
Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Biotech Energy (Private) Limited at 'A/A1', highlighting the company's robust credit quality and strong likelihood of timely short-term repayment. The outlook remains stab...
Read More »UBL Reports Robust Earnings Growth in First Quarter 2025
Karachi: United Bank Ltd (UBL) has reported a notable increase in its net profit after tax (NPAT) for the first quarter of the calendar year 2025, amounting to PkR36.1 billion, a significant rise of 126% year-on-year and 39% quarter-on-quarter. The ba...
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