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Karachi, The Pak Oman Daily Dividend Fund, a significant Islamic short-term investment vehicle, has maintained its stability rating, reflecting its low-risk profile and focus on providing daily liquidity to investors through Islamic short-term instrume...

The post Pak Oman Daily Dividend Fund Retains Stable Rating Amid Low-Risk Profile appeared first on Pakistan Business News.

Karachi, Lucky Electric Power Company Limited (LEPCL) has established a new paradigm in Pakistan's energy sector with the successful commissioning of a 1x660MW coal-fired power plant and the launch of a novel financial instrument.According to Pakistan ...

The post Lucky Electric Power Company Limited Sets Benchmark with Coal-Fired Plant and New Financial Instrument appeared first on Pakistan Business News.

Islamabad, Bank Alfalah, a leader in commercial and digital banking in Pakistan, has launched the country's first Digital Payments Sales and Service Centers. These centers, located in Karachi's Badar Commercial DHA and Disco Bakery Gulshan, are designe...

The post Bank Alfalah Inaugurates Pakistan’s First Digital Payments Centers for Merchants and Small Businesses appeared first on Pakistan Business News.

Karachi, VIS Credit Rating Company Limited (VIS) has reaffirmed its entity ratings for FFBL Power Company Limited (FPCL) at ‘AA-/A-1’ (Double AA Minus/A-One), signifying high credit quality and strong certainty in timely payment amidst changing economi...

The post VIS Upholds Strong Ratings for FFBL Power Company Amid Economic Adjustments appeared first on Pakistan Business News.

Caretaker Minister for Information and Broadcasting Murtaza Solangi has reassured the public that the country is poised to be handed over to the next elected government in a notably improved state under the current caretaker administration. Speaking at...

Caretaker Prime Minister Anwaar-ul-Haq Kakar has expressed government's firm resolve for a harmonious and secure future for next generations. In his post on social media platform X, he said state and institutions are championing an accommodative appro...

Karachi, The NIT - Government Bond Fund, active since 2010, reported its June 2023 performance. The fund offered a price of Rs. 10.83 and a redemption price of Rs. 10.73. It declared a distribution of Rs 0.52 per unit, underscoring its role in the gov...