Lahore: As Pakistan enters its annual smog season, foodpanda, the country’s leading online delivery platform, has announced the distribution of 8,000 Smog Safety Kits to its riders nationwide as part of its “Breath of Care” initiative. This effort und…
Karachi: Reon Energy Limited, a prominent player in the smart energy solutions sector, has secured preliminary ratings from the Pakistan Credit Rating Agency Limited (PACRA) for a proposed privately placed Sukuk issuance of PKR 500 million. The move a…
Karachi: PTCL Group has announced a strategic partnership with Smart MEP to revolutionize Pakistan’s Industrial Internet of Things (IoT) sector using Vodafone’s IoT Core Platform. The announcement, made at GITEX Global 2025 in Dubai, marks a significa…
Lahore: The Pakistan Credit Rating Agency (PACRA) has assigned initial ratings to Service Tyres (Private) Limited, a subsidiary of Service Industries Limited, highlighting its significant standing in Pakistan’s tyre industry. With over 30 years in the…
Karachi: Habib Bank Limited (HBL) announced its financial results for the third quarter of the calendar year 2025, reporting a net profit after tax (NPAT) of PkR16.9 billion, or an earnings per share (EPS) of PkR11.5. This marks a 17% increase compare…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has affirmed the stability rating of the MCB DCF Income Fund, classifying it under a medium risk profile. The Fund, known for its strategy of delivering fixed income returns, reported signific…