Karachi, Malik Khuda Baksh, a prominent figure in the Petroleum and CNG Industry and a member of various prestigious committees and organizations, has announced the discovery of significant new oil and gas reserves in the District of Sindh, Khairpur, l…

Karachi, In a recent evaluation by VIS Credit Rating Company Limited (VIS), Tariq Corporation Limited (TCORP), a key player in Pakistan’s sugar industry, has been assigned initial entity ratings of ‘BBB/A-3’. This rating reflects an adequate credit qua…

Lahore, VIS Credit Rating Company Limited (VIS) has announced a revision in the medium to long-term entity rating of Omar Jibran Engineering Industries Limited (OJEIL) from ‘A-’ to ‘BBB+’, while the short-term rating remains at ‘A-2’. This adjustment r…

Karachi, The Pakistan Credit Rating Agency Limited (PACRA) has assigned an initial rating to TPL Properties Limited, a significant player in Pakistan’s real estate sector for over a decade. This rating comes as TPL Properties transitions its business m…

Lahore, The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the strong entity ratings of Sapphire Electric Company Limited, recognizing the company’s robust business profile and operational successes. Sapphire Electric, a key player in Pak…

Lahore, The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the strong entity ratings of Sapphire Electric Company Limited, recognizing the company’s robust business profile and operational successes. Sapphire Electric, a key player in Pak…

Karachi, Market participants in Pakistan are poised on the edge of a significant monetary shift, anticipating the start of a monetary easing cycle akin to trends observed globally. This expectation comes in the wake of a sharp decline in secondary mark…

Karachi, Meezan Bank has announced its financial results for the year ended December 31, 2023, marking a significant year of growth and profitability. Under the chairmanship of Mr. Riyadh S.A.A. Edrees and with Mr. Faisal A. A. A. Al-Nassar as the Vice…

Lahore, In a significant development for property owners and investors, the Lahore Development Authority (LDA) has granted possession of over 740 plots in Sector F of LDA City, marking a pivotal moment in the project’s progress. The distribution of pos…