Faisalabad: The Pakistan Credit Rating Agency Limited has assigned initial entity ratings to Faisalabad Electric Supply Company Limited, reflecting its strategic significance and robust financial management. The sovereign ownership by the Government o…
Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has affirmed the entity ratings of Nisar Spinning Mills (Pvt.) Limited (NSMPL), citing the company’s diverse business operations and established market presence. Despite this, the company’s rev…
Karachi: United Bank Ltd (UBL) released its financial results for the second quarter of the calendar year 2025, showing a mixed performance marked by increased net profit after tax (NPAT) but a decline in quarterly earnings due to higher operating exp…
Karachi: The Exchange Companies Association of Pakistan reported minor fluctuations in currency exchange rates on July 11, 2025. The latest figures indicate subtle changes across several major currencies.
According to the association, the U.S. dolla…
Islamabad: Pakistan and Bangladesh are entering a new phase of engagement, driven by mutual interests in peace, economic progress, and regional cooperation. Both nations are working to overcome historical tensions to forge a constructive partnership, …
KARACHI: The Korangi Association of Trade and Industry (KATI) has declared its full support for a nationwide peaceful strike set for July 19, organized by the business community and spearheaded by the Karachi Chamber of Commerce and Industry (KCCI).
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Karachi: The Chairman of the National Business Group Pakistan, Mian Zahid Hussain, welcomed Prime Minister Shahbaz Sharif’s announcement of agricultural reforms, which he said could signal a revival in the industrial sector and provide long-term econo…