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Karachi, VIS Credit Ratings Company Ltd. (VIS) has reaffirmed the Fund Stability Rating (FSR) of ‘AA+(f)’ for Al Habib Cash Fund (AHCF). This rating reflects a high degree of stability in the fund’s Net Asset Value (NAV), with modest risk that may fluc...

The post VIS Maintains Strong Stability Rating for Al Habib Cash Fund appeared first on Pakistan Business News.

Karachi, VIS Credit Ratings Company Ltd. (VIS) has recently reaffirmed the Fund Stability Rating (FSR) of ‘AA+(f)’ for the Al Habib Money Market Fund (AHMMF), indicating a high degree of stability in its Net Asset Value (NAV) and modest risk that may f...

The post Al Habib Money Market Fund Maintains Strong Stability Rating from VIS appeared first on Pakistan Business News.

Islamabad, The Karachi Stock Exchange (KSE-100) index experienced a tumultuous trading session, ultimately closing at 56,666, marking a modest increase of 142 points from the previous day. Trading volumes registered at 524 million shares, a decline fro...

The post Pakistan Market Exhibits Mixed Signals, KSE-100 Indicates Consolidation appeared first on Pakistan Business News.

Washington, The Federal Communications Commission (FCC) recently finalized a rulemaking that has drawn criticism from the U.S. Chamber of Commerce. Neil Bradley, the Chamber's Executive Vice President and Chief Policy Officer, expressed concern over th...

The post U.S. Chamber of Commerce Criticizes New FCC Rule for Broadband Management appeared first on Pakistan Business News.

Karachi, In a significant move in the world of sports sponsorships, vivo, a leading smartphone manufacturer, has announced its official partnership with the UEFA EURO 2024 football tournament, set to be held in Germany. The company will serve as both t...

The post vivo Becomes Official Partner and Smartphone Provider for UEFA EURO 2024 appeared first on Pakistan Business News.

Karachi: Habib Bank Limited (HBL) and the Bank of China (BOC) have formalized a strategic partnership through the signing of a Memorandum of Understanding (MoU) at the BOC headquarters in Beijing, China. The agreement was represented by Liu Jin, Vice C...

The post HBL and Bank of China Partner to Boost Regional Trade with Strategic Cooperation appeared first on Pakistan Business News.

Pakistan and the International Monetary Fund (IMF) have reached a staff-level agreement on the first review of their stabilization program under Pakistan’s Stand-By Arrangement.This was disclosed in a statement issued by the IMF at the conclusion of d...