Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its stability rating for the MCB DCF Fixed Return Fund II, which continues to be classified under a moderate risk profile. The Fund aims to deliver a fixed return to its unit ho…
Karachi: VIS Credit Rating Company Limited has reassured the financial stability of Meezan Bank Limited by reaffirming its entity ratings at ‘AAA/A-1+’ (Triple A/A-One Plus). This decision highlights the bank’s highest credit quality and negligible ri…
Islamabad: The Exchange Companies Association of Pakistan released new currency exchange rates, showing minor fluctuations across various major currencies. The announcement comes amid a steady global economic situation.
According to the association,…
Karachi: PTCL Group, in partnership with Huawei, has introduced advanced connectivity solutions at Sukh Chayn Residence in Islamabad, marking a significant milestone in smart living. The collaboration integrates 5G Ready Digital Indoor System (DIS) La…
Karachi: A comprehensive federal budget conference was convened by the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) at their head office in Karachi, under the leadership of Acting President Saquib Fayyaz Magoon. The focal point of …
ISLAMABAD: Oil and Gas Development Company Limited (OGDCL) has reported a marked increase in production at its Rajian well-05 located in the Chakwal district, following the installation of an Electrical Submersible Pump (ESP). This strategic move has …