Karachi: Jamal Pipe Industries (Pvt.) Limited, a family-run business with a four-decade history in the pipe manufacturing sector, has had its entity ratings reaffirmed by The Pakistan Credit Rating Agency Limited (PACRA). The company’s diverse product…
Islamabad: Pakistan and Tajikistan have inked several Memorandums of Understanding (MoUs) in key areas such as trade, agriculture, and investment, marking a significant step in strengthening bilateral relations. This series of agreements was signed du…
Lahore: The Central Business District Punjab (CBD Punjab) has achieved a landmark with the completion of its fastest land transfer, involving plots Lahore Prime 4 and 5, for a total of PKR 6.9 billion. This transaction not only sets a record for spe…
Faisalabad: Interloop Limited (ILP), a leading textile manufacturer, has maintained its Buy rating, though with a revised target price of Rs90, indicating a potential upside of 30%. This adjustment reflects a 10% reduction from the previous target pri…
Islamabad: FTSE Russell has reclassified Pakistan from a Secondary Emerging Market to a Frontier Market, effective September 2024, due to its failure to meet the minimum securities count requirement. This adjustment follows the country’s placement on …
Karachi: The currency exchange rates in Pakistan have shown minor fluctuations over consecutive days, as per the latest data from the Exchange Companies Association of Pakistan. Notably, rates for major currencies like the USD, Euro, and GBP have seen…