KARACHI:VIS Credit Rating Company Limited has assigned initial rating of RFR2 (dr) to Globe Residency REIT.REIT Fund Rating of RFR2 denotes that successful implementation of the REIT project is very likely. Risk factors impacting value of REIT assets a…
Read MoreISLAMABAD:The World Bank’s Board of Executive Directors has approved $1.692 billion in the financing, for five projects to support people living in flood-affected areas of Sindh Province in Pakistan.Three projects support rehabilitation and housing rec…
Read MoreISLAMABAD:Defence Minister Khawaja Muhammad Asif on Tuesday expressed confidence that inflation would start witnessing a gradual decline as the government intended to introduce a comprehensive relief package for the people in the coming days.Talking to…
Read MorePakistan needs “strong” support from the international community to deal with the vast devastation left behind by the unprecedented floods in August, pointing out that three times the area of his country — Portugal — was under water, UN Secretary-Ge…
Read MoreAmid continuing deadlock in the talks to reform the UN Security Council, Secretary-General Antonio Guterres has said that the possibility of expanding the 15-member body was now seriously on the table.”I think that the possibility of enlarging the Secu…
Read MoreISLAMABAD:The imports of the overall petroleum group declined by 8.11 percent during the first five months of the current fiscal year (2022-23) as compared to the corresponding period of the last year, the Pakistan Bureau of Statistics (PBS) reported.T…
Read MoreISLAMABAD:With digital growth going through a rapid evolution, Pakistan is inching towards establishing a vibrant network of state-of-the-art Information Technology (IT) parks aimed at providing young professionals a launching pad to execute their inno…
Read MoreISLAMABAD:Pakistan Railways is all set to start Shuttle Service between Malakwal via Pind Dadan Khan during the next week to provide maximum facilities to the passengers of the areas.“The decision was taken on the directions of Minister for Railways Kh…
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