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Pakistan Pavilion Shines at Future Minerals Forum in Riyadh

Riyadh: Minister for Petroleum Dr. Musadik Malik participated in the 4th annual international meeting of mining ministers today in Riyadh, with representatives from 85 countries. He engaged with international mining leaders and industry experts, highl...

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Inflation Eases in Pakistan as Food Prices Show Mixed Trends

ISLAMABAD: Pakistan's annual headline inflation rate dropped to 4.9% in December 2024, a decline from 7.2% recorded in the previous month, even as the monthly consumer price index registered a modest increase.

According to a statement by United Nat...

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Pakistan and Iraq Forge New Path in Bilateral Cooperation

Baghdad: Federal Minister for Commerce Jam Kamal Khan successfully represented Pakistan at the 9th Session of the Pakistan-Iraq Joint Ministerial Commission (JMC) in Baghdad, where he co-chaired discussions and signed the official protocol to strength...

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The Bank of Punjab’s Ratings Affirmed by PACRA Amid Strategic Expansion

Lahore: The Pakistan Credit Rating Agency Limited has maintained the long-term rating of The Bank of Punjab at AA-, with a stable outlook, in its latest review of the bank’s Additional Tier 1 Capital Term Finance Certificates. The ratings, which refle...

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Bank of Punjab’s Ratings Affirmed Amid Strategic Growth

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the ratings for The Bank of Punjab's debt instrument TFC II, maintaining a long-term rating of AA with a stable outlook. The Bank's deposit base has shown significant growth, yet...

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PACRA Maintains Ratings for Bank of Punjab’s Additional Tier 1 Capital

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the long-term AA- rating for The Bank of Punjab's Additional Tier 1 Capital TFC, amounting to PKR 3.95 billion, with a stable outlook. The affirmation reflects the bank's solid p...

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Karachi Mayor Pledges Accountability Amid New Development Projects

KARACHI: Mayor Karachi, Barrister Murtaza Wahab, has announced a series of development projects and initiatives aimed at transforming the city's infrastructure while addressing illegal activities. These efforts, he stated, are part of a broader commit...

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