Islamabad: In a noteworthy development, the Pakistan Credit Rating Agency (PACRA) has decided to maintain the Insurer Financial Strength (IFS) rating of The United Insurance Company of Pakistan Limited at an impressive AA+. This decision comes on the …
Karachi: In a dramatic turn of events, the foreign exchange rates have shown a significant rise, with the British Pound Sterling (GBP) reaching unprecedented levels. According to the Exchange Companies Association of Pakistan, the GBP surged to 382.67…
Lahore: In a notable display of financial resilience and strategic acumen, Orient Rental Modaraba has witnessed a robust 20% increase in its top-line revenue during the first nine months of the fiscal year 2025. The significant uptick, from PKR 1,536 …
Karachi: Pakistan’s prominent digital microfinance entity, Mobilink Bank, has teamed up with TPL Life, a digital insurance company, to provide vital healthcare services to communities devastated by floods in Punjab. This partnership has led to the est…
Karachi: In a striking development, the Pakistan Stock Exchange (PSX) witnessed a remarkable surge as both the KSE30 and KSE100 indices hit their highest levels of the year, reflecting a robust growth trajectory amidst prevalent market fluctuations. T…
Islamabad: In a significant development towards alleviating the circular debt crisis in Pakistan’s energy sector, the Oil and Gas Development Company Limited (OGDCL) has secured the third installment of interest payment from Power Holding (Private) Li…