FLASHNEWS:

Category: Business

PACRA Confirms Stability Rating for Pak Qatar Monthly Income Plan

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has affirmed the stability rating of the Pak Qatar Monthly Income Plan under the Pak Qatar Islamic Income Fund. This medium-risk investment solution, which adheres to Shariah principles, is st…

Jazz and Engro Corp Finalize Major Infrastructure Deal

ISLAMABAD: Jazz, a prominent digital operator in Pakistan, has concluded a significant infrastructure partnership with Engro Corporation Limited. This agreement marks one of the largest private-sector infrastructure transactions in the nation’s digita…

PTCL Partners with DWP Technologies for Data Center Modernization

Islamabad: Pakistan Telecommunication Company Limited (PTCL) is advancing its digital transformation by integrating software-driven storage platforms from Dell Technologies, in collaboration with DWP Technologies. This initiative aims to enhance PTCL’…

Amreli Steels Faces Downgrade Amid Financial Struggles

Karachi: Amreli Steels Limited is navigating significant financial and operational challenges, leading to a downgrade in its credit rating by The Pakistan Credit Rating Agency Limited. The company, operating in the high-risk steel sector, has seen its…

PACRA Affirms Stability of Pak Qatar Asan Munafa Plan

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the stability rating of the Pak Qatar Asan Munafa Plan under the Pak Qatar Islamic Cash Fund, underscoring its low-risk profile. The Plan continues to focus on generating compet…