Karachi: VIS Credit Rating Company Limited (VIS) has assigned an initial Fund Stability Rating (FSR) of ‘AA(f)’ to Faysal Islamic Sovereign Plan-II (FISP-II), indicating a high degree of stability in its Net Asset Value with modest risk factors that m…
Islamabad: Zameen.com is set to host a significant Property Sales Event (PSE) at the Marriott Hotel in Islamabad on Saturday, August 24, offering attendees a unique opportunity to explore and invest in some of the most sought-after real estate propert…
Islamabad: The Asian Development Bank (ADB) has put forward recommendations for Pakistan to revamp its tax policies in the real estate sector, including reassessing exemptions on open plots and imposing new taxes on property development. These reforms…
Gilgit: Severe flash floods have led to multiple blockages along the Karakoram Highway (KKH), disrupting travel from Gilgit to Khunjerab. The critical transport artery was shut down following significant mudslides, stranding thousands and impacting ke…
Karachi: Pakistan State Oil (PSO) and Attock Petroleum Limited (APL) are set to release their fourth quarter financial results for FY24. PSO is anticipated to post a loss after tax of PkR1.55 billion, with a loss per share of PkR3.30, primarily due to…
Islamabad: Pakistan’s current account deficit for July 2024 stood at $162 million, marking a significant 78% year-on-year decrease and a 48% reduction from the previous month. The decline was attributed to a softer primary income deficit and a lower t…