KARACHI: Ambassador of Tajikistan Sharifzoda Yusuf has emphasized the importance of restoring Karachi’s former stature as a thriving and secure destination for foreign tourists. During a meeting at the Karachi Chamber of Commerce and Industry (KCCI), …
Karachi: Pakistan’s banking sector has reported record-high core income and bottom-line figures for the third quarter of the calendar year 2024, marking a robust rebound following a brief slowdown in the first quarter. This resurgence comes after a pe…
Karachi: VIS Credit Rating Company Limited has reaffirmed the ‘A+’ (Single A Plus) rating with a ‘Stable’ outlook for Mughal Iron & Steel Industries Limited’s Sukuk I issue. This rating signifies good credit quality with adequate protection factor…
Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Sachal Engineering Works (Pvt.) Limited (SEWL) at ‘A-/A2’. The medium to long-term rating of ‘A-‘ reflects good credit quality with adequate protection factors, whil…
Islamabad: The Asian Development Bank (ADB) has initiated a series of projects in Pakistan aimed at reducing greenhouse gas emissions, beginning with a pilot project in Punjab’s Sheikhupura and Okara districts. The pilot focuses on enhancing water pro…
Karachi: Loads Limited reported a 4% decline in its topline for FY24, recording PkR4.4 billion compared to PkR4.5 billion in the previous fiscal year, attributed to reduced sales volume in the slowing auto industry. However, despite the decrease in re…