The Ministry of Finance has noticed that some media outlets have published misleading and baseless stories about the French position on Pakistan’s engagement with Financial Action Task Force (FATF).“It is clarified that France, like many other jurisdic…

The federal Minister for Finance and Revenue, Shaukat Tarin, chaired a meeting of the Cabinet Committee on Privatization (CCOP) on Wednesday (23 June).The attendees discussed the proposal for the divestment of the federal government’s shares in Mari Pe…

Jazz has secured a Rs. 50 billion syndicated credit facility from a banking consortium led by HBL. This 10-year facility will be used to finance the company’s ongoing 4G network rollouts and technology upgradation.This is the first of its kind

Federal Minister for Finance and Revenue, Shaukat Tarin, chaired a meeting of the Economic Coordination Committee (ECC) of the Cabinet in Islamabad on Wednesday.The ECC approved the Technical Supplementary Grant of Rs. 300 million for allocation from P…

Martin Dow Marker Limited Pakistan (the Company) has been assigned a long-term rating of A+ and a short-term rating of A1 with a stable outlook by PACRA.Martin Dow Marker Limited is a notable name in the pharmaceutical segment of Pakistan

The book-building phase of Pakistan Aluminium Beverage Cans Ltd. (PABC)’s Initial Public Offer (IPO) has concluded with an oversubscription of 3.3 times, the company informed on Wednesday.The IPO received an overwhelming response from institutional inv…