Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has upgraded the insurer financial strength (IFS) rating of East West Insurance Company Limited from ‘AA’ to ‘AA+’ (ifs), reflecting the company’s robust performance and strong market standing…
Karachi: The latest figures released by the Exchange Companies Association of Pakistan show minor fluctuations in the buying and selling rates of major currencies over the past two days, reflecting a relatively stable forex market.
According to Exch…
Lahore: The Lahore Chamber of Commerce and Industry (LCCI) has expressed strong approval for the government’s efforts to secure significant investments from Saudi Arabia, anticipating a major boost to Pakistan’s economic activities. LCCI leaders prais…
Karachi: VIS Credit Rating Company Limited (VIS) has assigned a final rating of A-1+ to K-Electric Limited’s (KE) Short Term Sukuk (STS-27), indicating the strongest likelihood of timely repayment given the utility’s outstanding liquidity factors.
A…
Karachi: Fauji Fertilizer Company (FFC), Engro Fertilizers (EFERT), Fauji Fertilizer Bin Qasim Limited (FFBL), and Fatima Fertilizer (FATIMA) have released their earnings for the third quarter of 2024, showing varying results in profitability and oper…
Jeddah: Saudia, the national airline of Saudi Arabia, has inaugurated a new First and Business Class Check-In Lounge at Terminal 1 of King Abdulaziz International Airport. The launch of this facility aims to elevate the travel experience for Saudia’s …