Karachi: VIS Credit Rating Company Limited (VIS) has assigned a final rating of ‘A’ to the Medium Term Sukuk (MTS) issued by Al-Karam Textile Mills (Private) Limited (AKTM), affirming good credit quality with a stable outlook and a financial close of R…
Faisalabad: Interloop Limited (ILP) is set to announce its financial results for FY24, projecting a significant year-over-year decline in earnings due to increased operational costs, despite achieving record annual exports.According to JS Global, ILP e…
Karachi: VIS Credit Rating Company Limited (VIS) has assigned a preliminary rating of ‘A-1’ to the proposed Short Term Sukuk (STS) of Al Karam Textile Mills (Private) Limited (AKTM), indicating a strong likelihood of timely repayment given the company’…
Karachi: The Institute of Business Administration (IBA) Karachi, in partnership with Bank Alfalah and Stanford Life Design Lab, has launched a new Design Thinking program aimed at fostering innovation and strategic problem-solving among management prof…
Multan: Defence Housing Authority (DHA) Multan has achieved a significant milestone in community development by fully electrifying Sector P Low-Cost Housing, marking a critical advancement in supporting affordable living options in the region.According…
Karachi: Habib Bank Limited (HBL) has reported a 12% increase in profit before tax for the first half of 2024, totaling PKR 29.6 billion, driven by robust net interest income and non-interest income, despite elevated provisioning and operational costs….