Faisalabad: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the debt instrument rating for Masood Textile Mills Limited’s PKR 2 billion Sukuk, maturing in September 2024. This rating reflects the company’s robust business profile in v…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the entity ratings of Pakistan Refinery Limited (PRL), citing its significant role in the country’s petroleum supply and its association with the state-owned Pakistan State Oil …
Karachi: The State Bank of Pakistan (SBP) announced that on June 4, 2025, there was significant activity in its Overnight Reverse Repo Facility, with nine institutions engaging in transactions amounting to Rs. 418,500 million. In contrast, there were …
Karachi: The State Bank of Pakistan has announced a new ceiling for financial institutions, setting the limit at 418,500 for nine institutions. The decision, made public through a recent press release, outlines the regulatory changes without specifyin…
Karachi: Cement dispatches in May 2025 reached their highest level in nearly two years, driven by an upswing in construction activity. According to a report from AKD Securities Limited, a total of 4.65 million tons of cement were dispatched, marking a…
KARACHI: Bank AL Habib has announced a series of exclusive discounts for its customers in celebration of Eid ul Adha, offering up to 40% savings at select dining establishments across Pakistan. The offer, which applies to payments made with AL Habib D…