First Elite Capital Modaraba’s Non-Executive Director Initiates Strategic Share Acquisition

Karachi, First Elite Capital Modaraba, a significant player in the financial sector, has announced a noteworthy development as a key individual associated with the company undertakes a strategic share acquisition. On August 17, 2023, Muhammad Javed Ami...

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JS Investments Limited Releases Un-Audited Financial Results for the Period Ended June 30, 2023

Karachi, JS Investments Limited, one of the prominent asset management companies in Pakistan, has announced its un-audited financial results for the period ended June 30, 2023. The results were recommended by the company's Board of Directors in a meeti...

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Bank Alfalah Releases 2nd Quarter/Half Year 2023 Financial Statements on Website

Karachi, Bank Alfalah Limited, a prominent player in the banking sector, has taken a significant step toward transparency and information dissemination by making its financial performance data readily accessible to the public. The company has informed ...

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Update on Instrument Rating of Neelum Jhelum Hydropower Company (Private) Limited

Karachi, August 18, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) notes that Neelum Jhelum Power Station has resumed normal operations on August 09, 2023 after completion of the recovery activities. The project was shut down on July 04, 2022 d...

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VIS Reaffirms Entity Ratings of DWP Technologies (Private) Limited

Karachi, August 18, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of DWP Technologies (Pvt.) Ltd. (DWPTL) at ‘A-/A-2’ (Single A Minus/A-Two). The long-term rating of ‘A-’ signifies good credit quality with ade...

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VIS Maintains Entity Ratings of Digital World Pakistan (Private) Limited

Karachi, August 18, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has maintained the entity ratings of Digital World Pakistan (Private) Limited (DWPL) at ‘A-/A-2’ (Single A Minus/A-Two). Outlook on the assigned ratings has been revised from ‘S...

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Dr. Shamshad Akhtar will encounter difficulties in obtaining loans, lowering interest rates, and controlling inflation

Karachi, August 18, 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 on Friday welcomed the caret...

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