Karachi: Fauji Fertilizer Company Ltd. (FFC) announced that its Board of Directors has approved the submission of an Expression of Interest (EOI) for the potential acquisition of stakes in Pakistan International Airlines Corporation Ltd. (PIACL). This…
Karachi: The ABL Cash Fund, a low-risk investment vehicle, continues to show stability and resilience, maintaining a robust creditworthiness profile and immediate liquidity access for its investors. The Pakistan Credit Rating Agency Limited (PACRA) ha…
Karachi: Pakistan’s leading telecommunication provider, PTCL Group, has announced a partnership with TPL Insurance to introduce a new financial guarantee system aimed at facilitating the adoption of digital tools and equipment across various industrie…
Karachi: The Pakistan Credit Rating Agency (PACRA) has upheld the entity ratings of Meskay and Femtee Trading Company (Pvt.) Ltd., a key player in the rice export sector. The decision reflects the company’s notable standing in the national market, bac…
KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) has voiced its disappointment over the State Bank of Pakistan’s (SBP) decision to keep the policy rate steady at 11 percent. KCCI President Muhammad Jawed Bilwani described the move as overl…
KARACHI: The Korangi Association of Trade and Industry (KATI) has labeled the State Bank of Pakistan’s decision to maintain its policy rate at 11% as a temporary measure in response to current global and regional challenges. Junaid Naqi, the KATI Pres…
Islamabad: PTCL Group, the leading telecommunication and digital services provider in Pakistan, has partnered with TPL Insurance to introduce a financial guarantee system. This initiative is designed to facilitate the adoption of digital tools, handhe…