Press Releases

Aztiq and Innobic Announce Pricing of Secondary Sale of Lotus Common Stock by AEMH

LONDON and BANGKOK, Thailand, July 03, 2023 (GLOBE NEWSWIRE) — Aztiq Pharma Partners (“Aztiq”), a private equity company focused on the life sciences sector, and Innobic (Asia) Company Limited (“Innobic”), the life science arm of Thai oil and gas conglomerate PTT Public Company Limited (“PTT”) (collectively, “the shareholders”), today announced the pricing of a sale […]

Business

OGDCL Enhances Energy Production with renewed focus on Community Development in District Jhal Magsi

Islamabad, July 03, 2023 (PPI-OT): In a significant move towards meeting the country’s growing energy demands, Oil and Gas Development Company Limited (OGDCL), the leading exploration and production company in Pakistan, has revived Jhal Magsi Gas proje…

Business

BankIslami Honoured with Best Bio Technology Award for One Touch Banking at The Pakistan Digital Awards 2023

Karachi, July 03, 2023 (PPI-OT): Pakistan’s leading Islamic financial institution, BankIslami, has been recognized with the prestigious Best Bio Technology Award for its innovative OneTouch Banking solution at the Pakistan Digital Awards 2023. The awar…

Business

PCJCCI urged government to invest in Solar PV projects

Lahore, July 03, 2023 (PPI-OT): A Chinese delegation visited Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) Secretariat today and discussed the importance and need of advancement in solar projects. Mozzam Ghurki, President PCJCCI said t…

General

Meezan Bank’s Entity Ratings have been reaffirmed to AAA/A-1+ by VIS Credit Rating Company Limited

Karachi, July 03, 2023 (PPI-OT): VIS Credit Rating Company Limited has reaffirmed the entity ratings of Meezan Bank Limited (‘MEBL’ or ‘the Bank’) at ‘AAA/A-1+’ (Triple A/ A-One Plus). The medium to long-term rating of ‘AAA’ denotes highest credit qual…