| Posts created by Web Desk

  • Pakistan and Turkiye two souls and one heart: Ambassador

    Islamabad, March 29, 2023 (PPI-OT): Turkish Ambassador to Pakistan Mehmet Pacaci on Wednesday lauded the humanitarian assistance of the government of Pakistan and Pakistani organizations in the wake of the deadly earthquake in Turkiye. He commended the relief and rescue operation by several Turkish NGOs which helped tens of thousands of victims across the country….

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  • Construction giant awards investors, partners

    Rawalpindi, March 29, 2023 (PPI-OT): A leading company in the construction and real estate industry, held an event for its business partners, featuring a gift ceremony, dinner, and a joyful Qawali night at ZEM Mall, Bahria Enclave. The company, ZEM Builders recognizes the importance of healthy business relationships and partnerships. It proudly acknowledged and expressed…

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  • Pakistan has no solution but to be self-sufficient: Mian Zahid Hussain

    Karachi, March 29, 2023 (PPI-OT): Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Wednesday said due to the bankruptcy of the US the global financial system is under threat. The possibility of bankruptcy of dozens of other banks…

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  • OGDCL Launches Program to Distribute 100 Ambulances across Pakistan

    Islamabad, March 29, 2023 (PPI-OT): Oil and Gas Development Company Limited (OGDCL) is the largest exploration and production company in Pakistan working across the nation. The company has an impressive track record of carrying out social work in areas where it operates for welfare of local communities. OGDCL has always exceeded its CSR obligations and…

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  • PACRA Assigns Entity Ratings to H.A.R Fibres (Private) Limited

    Lahore, March 29, 2023 (PPI-OT): H.A.R Fibres (Pvt) Limited reflects the adequate positioning of the company in the textile spinning industry. The company deals in the manufacturing of carded yarn of three blends: Cotton, Polyester cotton and Viscose (Coarse (1s –20s). The Company imports 70% of its cotton from the United States, Brazil, and Africa,…

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  • PACRA Maintains Stability Rating of UBL Cash Fund

    Lahore, March 29, 2023 (PPI-OT): UBL Cash Fund (or the Fund) is a low risk profile Fund. The assigned rating reflects the strength of the Fund’s credit and interest rate risk profile. The Fund had allocated ~57.6% in T-Bills, ~17.9% in bank majority in AAA rated bank. Whereas ~1.8% in commercial papers rated AA and…

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  • AKD Securities Limited – AKD Technical Daily (28 -03 -2023)

    Karachi, March 28, 2023 (PPI-OT): KSE-100 – Consolidation expected The index opened on a negative note and traded in a narrow range amidst low volumes. The local bourse posted an intraday high of 127pts, a low of 101pts and concluded with a loss of 58pts to settle at 40,000pts. The volumes clocked in the last…

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