Karachi: VIS Credit Rating Company Limited has assigned an ‘A1’ short-term rating to the Short Term Sukuk issued by Al Karam Textile Mills (Private) Limited. The rating indicates a strong likelihood of timely repayment of the company’s short-term obli…
Karachi: United Bank Ltd (UBL) has reported a notable increase in its net profit after tax (NPAT) for the first quarter of the calendar year 2025, amounting to PkR36.1 billion, a significant rise of 126% year-on-year and 39% quarter-on-quarter. The ba…
Islamabad: Ambassador of Hungary B©la Fazekas called on Deputy Prime Minister Ishaq Dar in Islamabad today (Wednesday). They expressed keen interest in strengthening bilateral ties and looked forward to the upcoming visit of the Hungarian Minister of …
Karachi: President of the Korangi Association of Trade and Industry (KATI), Junaid Naqi, recently met with Dr. Bakheet Ateeq Al-Remeithi, the Consul General of the United Arab Emirates in Karachi, to explore avenues for enhancing bilateral trade and p…
Islamabad: Kuwait has extended its oil credit facility for Pakistan for an additional two years, as communicated by Kuwait’s Ambassador to Pakistan during a meeting with Minister for Petroleum Ali Pervaiz Malik in Islamabad. The Minister for Petroleum…
Islamabad: Deputy Prime Minister Ishaq Dar has called for UN Security Council’s unified and consistent support to all peace operations. He was addressing the closing of a peacekeeping ministerial preparatory meeting, co-hosted by Pakistan and the Repu…
Sialkot: The Sialkot Chamber of Commerce and Industry (SCCI) recently welcomed a delegation of Civil Officers from the National Institute of Public Administration (NIPA), Islamabad, underscoring ongoing efforts to improve governance and enhance the bu…
Islamabad: Pakistan has once again voiced its opposition to the creation of additional permanent seats in the United Nations Security Council (UNSC). During the 4th Informal Meeting of Intergovernmental Negotiations on the Question of Equitable Repres…