Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the stability rating of the Pak Qatar Cash Plan under the Pak Qatar Islamic Cash Fund at AA(f), with a stable outlook. The rating signifies a low-risk profile, reflecting the Fu…
Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has updated its entity ratings for Mughal Energy Limited (MEL), maintaining the long-term rating at ‘A’ and the short-term rating at ‘A2’, while revising the outlook from ‘Stable’ to ‘Developin…
Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Oil & Gas Development Company Limited (OGDCL) at ‘AAA/A1+’ with a stable outlook. These ratings reflect OGDCL’s robust financial health, industry leadership, and commi…
Karachi: A notable increase in petroleum sales was observed in November 2024, with the Oil Marketing Companies (OMC) industry reporting a 15% year-on-year growth in sales volumes.
According to JS Global, this uptick is attributed to the low base fr…
Karachi: The Trade Development Authority of Pakistan (TDAP) has announced its participation in the upcoming Automechanika Istanbul 2025 exhibition, scheduled to take place from June 12 to June 15, 2025, in Istanbul, Turkey. The event is recognized as …
Karachi: The oil marketing companies (OMC) in Pakistan reported a 5% year-on-year increase in sales for the first five months of fiscal year 2025, though achieving the Petroleum Development Levy (PDL) target continues to be challenging. In November 20…