Karachi: Engro Holdings Limited has announced the appointment of Abdul Samad Dawood as its Chief Executive Officer, effective January 3, 2025. The strategic decision comes as part of the company’s restructuring efforts to streamline operations and enh…
Karachi: The currency exchange rates in Pakistan experienced slight fluctuations, with marginal changes noted in the buying and selling prices of major foreign currencies. This was observed in the rates released by the Exchange Companies Association o…
Karachi: Bank AL Habib Limited has maintained its long-term AAA rating, reflecting its strategic efforts to strengthen its position within the competitive banking sector.
According to The Pakistan Credit Rating Agency Limited, the bank has focused …
Karachi: Cement dispatches in Pakistan for December 2024 reached 4.2 million tons, marking a 2% year-on-year increase, primarily fueled by a significant 49% year-on-year rise in exports. Conversely, domestic demand witnessed a 5% year-on-year decline….
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has confirmed that it is maintaining the AA+ long-term rating for Bank AL Habib Limited’s Tier-I TFC VI, with a stable outlook. The decision reflects the bank’s consistent efforts to strengthe…
Karachi: Bank AL Habib Limited’s long-term rating has been maintained at AA+ by PACRA, reflecting the bank’s ongoing efforts to enhance its market position despite increasing competition.
According to The Pakistan Credit Rating Agency Limited, the …
Karachi: Bank AL Habib Limited has successfully maintained its long-term AAA rating for its Tier II TFC VIII debt instrument, as affirmed by The Pakistan Credit Rating Agency Limited (PACRA). The bank’s steady performance is underpinned by its efforts…