Karachi: At a farewell reception hosted by the Karachi Chamber of Commerce and Industry (KCCI), the Indonesian Consul General in Karachi, Dr. June Kuncoro Hadiningrat, emphasized the need for Pakistan to diversify its export portfolio to Indonesia to c…
Karachi: In a significant move to enhance operational efficiency and meet the demands of the business community, the Karachi Port Trust (KPT) has mandated that all shipping companies remain operational on Saturdays starting July 20, 2024, to issue Deli…
Karachi: In anticipation of the upcoming monsoon season, the President of the Korangi Association of Trade and Industry (KATI), Johar Kandahari, has called for the implementation of a comprehensive rain emergency strategy across Karachi, emphasizing th…
Karachi: VIS Credit Rating Company Limited (VIS) has officially announced the maturity of the TFC-I, a Basel 3 Compliant Tier-II debt instrument issued by U Microfinance Bank Limited (UMBL), valued at Rs. 600.0 million. The financial instrument, which…
Karachi: VIS Credit Rating Company Limited has assigned a preliminary rating of ‘A-1+’ to the proposed Short-Term Sukuk VI (STS-VI) of Pakistan Telecommunication Company Limited (PTCL), amounting to PKR 10 billion. This rating indicates the highest ce…
Jeddah: In a significant move to enhance domestic tourism, Saudia Group, which includes Saudia Airlines and flyadeal, has launched eight new daily flights connecting Jeddah, Riyadh, and Dammam to Abha. This initiative aligns with ongoing efforts by th…