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Category: Business

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…

TPL Trakker Limited’s Sukuk Rating Maintained at A+ by PACRA

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the long-term rating of TPL Trakker Limited’s Sukuk at A+, with a stable outlook, citing the company’s robust market position in the asset tracking and information solutions sec…