Companies with the Most Debt Poised to Benefit from a Rate Cut
After today's rate cut, following companies burdened with substantial debt stand to gain significantly from reduced markup payments.
Jun’24 CPI likely to clock in at 12.66%
Headline inflation is expected to reach approximately 12.66% in June 2024, compared to 11.76% in the previous month and 29.40% in the same period last...
PABC receives stable outlook from PACRA
Pakistan Aluminium Beverage Cans Limited (PABC) has announced that it achieves AA- long term rating.
ISIL sets up a subsidiary for food products manufacturing in Abu Dhabi
Ismail Industries Limited (ISIL) announced that it is to begin the regulatory process for Abu Dhabi subsidiary.
UNITY reports insider transaction worth over Rs 1 billion
Unity Foods Limited (UNITY) reported a transaction by a non-executive director.
PTCL secures USD 400mn loan for Telenor Pakistan and Orion Towers acquisition
Pakistan Telecommunication Company Ltd (PTC) has announced that the PTCL signed financing deal with IFC, SRF, and BII for Telenor Pakistan and Orion Towers...
Budget 2024-25: Impact on export-oriented sectors
The Government of Pakistan (GoP) has proposed significant changes in the Federal Budget for 2024-25 that could affect the export-oriented which is or, is already...
OGDC to receive Rs 82 Billion from the government of Pakistan
OIL & GAS DEVELOPMENT COMPANY LIMITED (OGDC) announced seeing the positive impact of the government debt initiative.