Lahore: Minister for Planning and Development, Ahsan Iqbal, has emphasized the enduring relevance of Allama Muhammad Iqbal's philosophy as a guiding light for the nation. He was addressing a ceremony at the University of the Punjab in Lahore in connec...
Read More »Quetta Railway Station Blast Claims 24 Lives, Leaves 62 Injured.
Quetta: At least 24 people have been killed and 62 others injured in a devastating explosion at the Quetta Railway Station. According to Radio Pakistan, the injured are currently receiving treatment at CMH and Civil Hospital Quetta. He confirmed tha...
Read More »VIS Maintains Entity Ratings of Kohinoor Mills Limited with Stable Outlook.
Karachi: VIS Credit Rating Company Limited ('VIS') has maintained the entity ratings of Kohinoor Mills Limited ('KML' or 'the Company') at 'BBB+/A2' (Triple B Plus/A Two). The medium to long-term rating of 'BBB+' indicates adequate credit quality, wit...
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Read More »Currency Exchange Rates Show Slight Fluctuations Across Major Currencies.
KARACHI: The latest currency exchange rates reveal minor fluctuations in the buying and selling prices of major currencies including the US Dollar, Euro, British Pound, Japanese Yen, UAE Dirham, and Saudi Riyal.
According to Exchange Companies Assoc...
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Read More »VIS Upgrades BMA Capital Management’s Broker Fiduciary Rating to ‘BFR2’.
Karachi: VIS Credit Rating Company Ltd. (VIS) has announced the upgrade of the Broker Fiduciary Rating for BMA Capital Management Limited from 'BFR3++' to 'BFR2'. The outlook on this rating has been classified as stable. The BFR2 rating reflects the c...
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Read More »VIS Reaffirms Strong Entity Ratings for Lucky Cement Limited.
Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Lucky Cement Limited ("LCL", "LUCK" or "the Company") at 'AA+/A1+' (Double A plus/A One plus). Medium to long-term rating of 'AA+' indicates high credit quality; Pro...
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Read More »Meezan Bank Partners with Trifit Gym to Offer Premium Cardholders Unmatched Fitness Discounts.
Karachi: Meezan Bank, Pakistan's leading Islamic bank, has recently entered into an exclusive partnership with Trifit Gym, a world-class fitness club in Karachi and Islamabad, to offer its premium cardholders a significant discount on fitness packages...
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