Toulouse: Saudia Group has finalized a significant agreement with Airbus to acquire up to 20 new A330neo wide-body aircraft, a move poised to enhance air connectivity and economic ties with Pakistan. The agreement includes 10 firm orders for flyadeal,...
Read More »VIS Reaffirms Credit Ratings of Kamal Limited Amid Economic Challenges
Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Kamal Limited at 'A/A1', indicating good credit quality and a strong likelihood of timely repayment of short-term obligations. The outlook for these ratings remains stable...
Read More »Chairman NAB Launches New Facilitation Desk at Lahore Chamber of Commerce
Lahore: The Chairman of the National Accountability Bureau (NAB), Lt. General (R) Nazir Ahmed Butt, inaugurated a new NAB Facilitation Desk at the Lahore Chamber of Commerce and Industry (LCCI), pledging support for the business community and highligh...
Read More »PCDMA Raises Concerns Over FBR Tax Filing Challenges
KARACHI: The Pakistan Chemicals and Dyes Merchants Association (PCDMA) has raised concerns about the increasing difficulties faced by taxpayers due to the complexities of the newly introduced Annexes H1 and J, along with technical issues related to Un...
Read More »Currency Exchange Rates in Pakistan Witness Minor Fluctuations
Karachi: Currency exchange rates in Pakistan have experienced slight variations, according to data released on April 24, 2025, by the Exchange Companies Association of Pakistan. The report provides insights into the buying and selling rates of several...
Read More »Bank Al-Habib’s Earnings Climb in First Quarter Amid Provisioning Reversal
Karachi: Bank Al-Habib Limited (BAHL) reported a notable increase in profits for the first quarter of the calendar year 2025, driven by a significant reversal in provisioning. The bank announced a profit of PkR10.2 billion for the quarter, representin...
Read More »Engro Polymer Reports Loss Amid Market Challenges and Strategic Shifts
Karachi: Engro Polymer and Chemicals Limited (EPCL) presented its financial results for the first quarter of the calendar year 2025, revealing a loss of PkR825 million. This figure, though improved from the previous year's loss of PkR901 million, high...
Read More »
AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service