Multan: The Pakistan Credit Rating Agency Limited has affirmed the rating of IMM REIT Management Company Limited, reflecting its experienced management team and strategic backing from prominent industry players. IMM RMC, owned by Mascon Private Limite…
DUBAI: The Emirates Group has reported a record-breaking half-year financial performance, achieving a profit before tax of AED 12.2 billion (US$ 3.3 billion) for the first six months of the 2025-26 financial year. This marks the fourth consecutive yea…
Karachi: Liberty Power Tech Limited, a key player in Pakistan’s energy sector, is adapting to recent power sector reforms while maintaining its financial stability. The company, which operates a 200 MW Residual Fuel Oil-based power plant, recently ame…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has awarded the Faysal Islamic Asset Allocation Fund (FIAAF) a prestigious 5-Star ranking, recognizing its superior risk-adjusted returns despite a challenging market environment. The FIAAF ad…
Karachi: The State Bank of Pakistan reported that on November 6, 2025, financial institutions accessed its Overnight Repo Facility amounting to Rs. 65,800 million. No institutions utilized the Overnight Reverse Repo Facility on the same day.
The ann…
Karachi: Urea off-take in October 2025 is projected to experience a slight year-on-year decline of 2%, according to recent data. The cumulative decrease in urea off-take for the first ten months of 2025 is expected to ease to 7.6%. The industry aims t…