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Karachi, Defying predictions, Pakistan’s current account has registered a surprising surplus of USD 9 million in November 2023, as announced by the State Bank of Pakistan (SBP). This development marks a significant shift from the deficit experienced in...

The post Pakistan’s Current Account Registers Surprising Surplus in November 2023 appeared first on Pakistan Business News.

Karachi, TPL Trakker, a leader in Pakistan’s vehicle tracking and IoT sector, has announced a strategic partnership with telecommunications giant Jazz. This collaboration aims to transform the country's tracking technology landscape by integrating sate...

The post TPL Trakker and Jazz Forge Partnership to Enhance Tracking Technology in Pakistan appeared first on Pakistan Business News.

Karachi, VIS Credit Rating Company Limited (VIS) has reaffirmed the Insurer Financial Strength (IFS) rating of UBL Insurers Limited (UIL) at 'AA+' (Double A Plus). The AA+ rating signifies a very strong capacity of UIL to meet policyholder and contract...

The post UBL Insurers Limited Retains ‘AA+’ IFS Rating by VIS with Stable Outlook appeared first on Pakistan Business News.

Karachi, Alfalah Consumer Index ETF NC (ACIETF), listed on the Pakistan Stock Exchange, reported its performance for the year ending June 2023. The fund's rate today stood at Rs. 11.04, with a daily weighted average rate of Rs. 8.13 and a fund size of...

Karachi, UBL Capital Protected Fund - III, operational since 2017, reported its financial performance for June 2023. The fund disclosed an offer price of Rs. 102.3 and a redemption price of Rs. 99.23. It declared a distribution of 1.55% for the year, ...

Karachi, The UBL Money Market Fund, operational since 2014, disclosed its June 2023 financial performance. The fund offered a price of Rs. 109.87 and a redemption price of Rs. 108.64. It announced a distribution of 5.40% for the year, highlighting its...

Karachi, The Pak Oman Daily Dividend Fund, introduced in 2022, reported its financial performance for June 2023. The fund's offer price was Rs. 10.05, and the redemption price was Rs. 10. No distribution was declared for the year, reflecting its posit...