FLASHNEWS:

Category: Business

VIS Reaffirms High Credit Ratings for K-Electric Sukuk 5

Karachi: K-Electric Limited’s Sukuk 5 has maintained its high credit rating of AA+ by VIS Credit Rating Company Limited, reflecting strong protection factors and modest risk, according to a recent announcement. The outlook on these instrument ratings …

K-Electric’s Ratings Reaffirmed by VIS Credit Rating Company

Karachi: The VIS Credit Rating Company Limited has reaffirmed the entity ratings of K-Electric Limited at AA/A1+, signifying a stable outlook and high credit quality. The reaffirmation reflects strong protection factors and a modest risk that may vary…

Saudi Firm to Invest $1bn in Reko Diq Project

Karachi: A Saudi company has announced plans to invest up to $1 billion in the Reko Diq mining project, marking a significant development in Pakistan’s mining sector and providing a potential boost to the country’s economy.

According to a statement …

Uniform Definition of SMEs Based on Turnover Proposed

Karachi: The Union of Small and Medium Enterprises (UNISAME) has called on Prime Minister Shehbaz Sharif to instruct the Small and Medium Enterprises Development Authority (SMEDA) to expand the definition of small and medium enterprises (SMEs) in ligh…