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KARACHI: In a strategic move to bolster trade and investment, the Employers' Federation of Pakistan (EFP) and MUSIAD, the Independent Industrialists and Businessmen's Association of Türkiye, have signed a Memorandum of Understanding (MoU) in Istanbul....

Islamabad: Pakistan's Special Representative for Afghanistan, Muhammad Sadiq Khan, met Prime Minister Shehbaz Sharif in Islamabad today to discuss the outcomes of his recent visit to Afghanistan. The meeting focused on the current state of affairs in ...

Jammu: Katra, the base camp for the Vaishno Devi pilgrimage in Reasi district of Indian-administered Jammu and Kashmir, remained closed for the sixth consecutive day as residents continued their protest against the policies surrounding a proposed rope...

Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings for Faizan Steel at 'BBB+/A2', indicating adequate credit quality and a good likelihood of timely repayment of short-term obligations.

According to VIS Credit Rating Compa...

The post VIS Reaffirms Credit Ratings for Faizan Steel Amid Industry Challenges appeared first on Pakistan Business News.

Karachi: VIS Credit Rating Company Limited has assigned a preliminary rating of 'A1+ (plim)' to Pakistan Telecommunication Company Limited's (PTCL) proposed PKR 2.5 billion Short-Term Sukuk IX (STS-IX), indicating a strong likelihood of timely repayme...

The post VIS Assigns Top Rating to PTCL’s Short-Term Sukuk IX appeared first on Pakistan Business News.

Karachi: Askari Bank Ltd (AKBL) reported a mixed set of financial results for the first nine months of the calendar year 2024, with a slight decrease in net profit after tax (NPAT) but significant growth in assets and equity. The bank also highlighted...

The post Askari Bank Reports Mixed Financial Results with Strategic Expansion appeared first on Pakistan Business News.

Islamabad: President Asif Ali Zardari has ordered six banks to provide financial relief totaling Rs24.136 million to 31 victims of bank fraud. This directive follows his decision on 31 appeals against the Banking Mohtasib's rulings. According to Min...