Karachi: VIS Credit Rating Company Ltd. (VIS) has reaffirmed the Broker Fiduciary Rating of Multiline Securities Limited (MSL) at ‘BFR3+’, indicating a stable outlook. This announcement follows the previous rating action from May 2, 2023, underscoring …
Islamabad: The Capital Development Authority (CDA) is set to adopt the Punjab IT Board’s (PITB) digital system for managing its files, moving away from the National Information Technology Board’s (NITB) e-office system, which struggled to meet the agen…
Faisalabad: The Faisalabad Electric Supply Company (FESCO) has defended its Pro-Rata billing method, utilized across eight districts in its region, amid circulating claims of overbilling. The utility insists that the billing process, which covers 30 or…
Jeddah: In a unique blend of cultural tribute and hospitality, Saudia, the national airline of Saudi Arabia, has partnered with the Culinary Arts Commission under the Ministry of Culture to launch the “Saudi Coffee Cup” initiative. This new offering fe…
Lahore: Allied Bank successfully wrapped up its third Fintech Hackathon, marking the event with a grand finale that showcased a series of innovative financial technology solutions aimed at enhancing Pakistan’s fintech ecosystem. The competition highlig…
Lahore: Allied Bank Limited has announced a new partnership with CNS Engineering Pakistan to develop a Tier-III certified Data Center in Lahore. This state-of-the-art facility is designed to serve as a disaster recovery site, enhancing the bank’s capac…