Karachi: Gul Ahmed Textiles Mills Ltd. (GATM) convened an analyst briefing to reveal its financial performance for the first nine months of fiscal year 2025 and outline its strategic objectives moving forward. The company reported a 13.3% increase in …
KARACHI: The Pakistan Credit Rating Agency Limited (PACRA) has affirmed the credit ratings of Bank Alfalah Limited’s Additional Tier 1 Term Finance Certificate, maintaining its standing at PKR 7 billion as of December 2022. Bank Alfalah has demonstrat…
KARACHI: Amid Karachi’s first monsoon spell spanning nearly three days, K-Electric (KE) teams remained actively engaged across the city to ensure power restoration and public safety. The majority of KE’s 2,100+ feeders remained stable, though some iso…
KARACHI: Karachi’s power supply infrastructure has maintained stability amid ongoing monsoon conditions, with gusty winds and frequent showers sweeping through the city. K-Electric, the city’s main electricity provider, reported that more than 1,800 o…
Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has upgraded the rating of Gas and Oil Pakistan Limited (GO) following a strategic partnership with Aramco, which has acquired approximately a 40% stake in the company. This partnership is anti…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its stability rating for the UBL Cash Fund, underscoring its role as a low-risk money market solution with significant liquidity and capital preservation potential. The fund is …
Karachi: Malik Khuda Bakhsh, Convener of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Energy Committee, has voiced strong support for the National Electric Vehicle (NEV) Policy 30-2025, unveiled recently by the Pakistani govern…