Pakistan and UAE Review Progress on Strategic Economic Agreements in Dubai Meeting

Dubai: Ambassador Faisal Niaz Tirmizi and H.E. Mohamed Al Hawi, Undersecretary at the Ministry of Investment, UAE, reviewed the progress of seven memorandums of understanding between Pakistan and the UAE today. The agreements, covering sectors such as...

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ADB Grants $320 Million for Climate-Resilient Road Improvements in Khyber Pakhtunkhwa, Pakistan

Manila: The Asian Development Bank (ADB) has allocated a $320 million loan for enhancing road safety and climate resilience in Khyber Pakhtunkhwa, a northern province of Pakistan. This financial support aims to refurbish approximately 900 kilometers o...

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IMF to Review Pakistan’s Extended Fund Facility Program on September 25

Islamabad: The International Monetary Fund’s (IMF) Executive Board is set to review the Extended Fund Facility (EFF) program for Pakistan later this month, as part of an ongoing assessment of the country’s economic reforms and fiscal stability measure...

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East West Insurance Co. Schedules Extraordinary General Meeting to Expand Capital

Karachi: East West Insurance Co., Ltd has announced an Extraordinary General Meeting (EOGM) scheduled for October 5, 2024, to discuss a potential expansion in the company's authorized capital. The meeting will take place at 27 Regal Plaza, Jinnah Road...

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Power Holding Limited Reports Stabilized Financial Performance in Recent Quarterly Review

Karachi: Power Holding Limited (PHL) has released its condensed interim financial statements for the quarter ending September 30, 2023. These documents provide a detailed look into the company's financial health, reflecting a stable financial position...

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VIS Upgrades Credit Rating for Thatta Cement on Strong Fiscal Performance

Karachi: VIS Credit Rating Company Limited (VIS) has revised the medium to long term entity ratings for Thatta Cement Company Limited (TCCL) to 'A' from 'A-', acknowledging the company's enhanced financial stability and profitability. This announcemen...

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Sazgar Engineering Works Announces Upcoming Board Meeting and Closed Period

Lahore: Sazgar Engineering Works Limited has scheduled a board meeting on September 23, 2024, to review the annual accounts for the fiscal year ending June 30, 2024, and to consider potential entitlements. The meeting will take place in Lahore, as sta...

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