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The Pakistani rupee continued its losing streak against the U.S. dollar, touching a record low, as the greenback was traded at 299.01 rupees in the interbank market yesterday, according to the State Bank of Pakistan (SBP).The U.S. dollar closed at 297....

Karachi, August 23, 2023 (PPI-OT): The first half of 2023 has marked its significance for BankIslami, as it attained a notable milestone by securing a ‘AA-’ long term entity rating assigned from PACRA. This rating upgrade acknowledges the outstanding p...

The post BankIslami Achieves Remarkable 255% Growth in Profit After Tax during first half of 2023 appeared first on Pakistan Business News.

Karachi, August 23, 2023 (PPI-OT): Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Wednesday that the I...

The post IT and solar sectors have potential to pull the economy out of ICU appeared first on Pakistan Business News.

Islamabad, August 23, 2023 (PPI-OT): Ahsan Zafar Bakhtawari, President, Islamabad Chamber of Commerce and Industry (ICCI) urged the CDA to develop the G-11 Markaz as a model market that would facilitate the traders in promoting trade activities. He sai...

The post ICCI urges CDA to develop G-11 Markaz as a Model Market appeared first on Pakistan Business News.

Karachi, August 23, 2023 (PPI-OT): VIS Credit Rating Company Ltd. (VIS) has assigned final rating of ‘A+’ (Single A plus) to the Sukuk issue of Rs. 3.6b of OBS Pakistan (Private) Limited (OBS-Pak). Rating of ‘A+’ signifies good credit quality with adeq...

The post VIS Assigns Final Rating to the Sukuk of OBS Pakistan (Private) Limited appeared first on Pakistan Business News.

Karachi, TPL Properties Limited, a prominent player in the real estate sector, has disclosed a significant change in its leadership with the departure of Mr. Danish Qazi from the role of Company Secretary, effective as of August 22, 2023. In line with ...

The post TPL Properties Limited Announces Change in Company Secretary: Ms. Shayan Mufti Takes Over appeared first on Pakistan Company News.

Karachi, Mr. Zuhair Siddiqui, a Member of the Board of Directors at Sui Southern Gas Company Limited, has been disqualified from his directorial position, effective as of August 15, 2023, in accordance with Section 172 of the Companies Act, 2017. This ...

The post Sui Southern Gas Company Director, Mr. Zuhair Siddiqui, Disqualified under Companies Act, 2017 appeared first on Pakistan Company News.