Islamabad: Despite an anticipated drop in earnings per share, Pakistan’s banking sector is expected to maintain its dividend payments in the second quarter of CY2024. The banks are set to report a 16% decline in bottom-line performance compared to the …
Islamabad: Pakistan has inked a three-year, approximately $7 billion Extended Fund Facility Arrangement with the International Monetary Fund, following a staff-level agreement. This marks a continuation of financial engagements after the successful com…
Islamabad: Pakistan has inked a three-year, approximately $7 billion Extended Fund Facility Arrangement with the International Monetary Fund, following a staff-level agreement. This marks a continuation of financial engagements after the successful com…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its ratings for Nimir Resins Limited (NRL), recognizing the company’s robust market position and credible operational framework in the competitive resin industry. Despite a chall…
Karachi: NIMIR Industrial Chemicals Limited (NICL), a prominent player in the oleochemicals and chlor alkali product sectors, continues to navigate a complex economic environment with strategic adaptability. Despite facing macroeconomic challenges such…
Karachi: The VIS Credit Rating Company Limited (VIS) has issued an initial Fund Stability Rating (FSR) of ‘AA(f)’ to Faysal Islamic Sovereign Plan-I (FISP-1), indicating a high degree of stability in the fund’s Net Asset Value. This rating reflects mod…