Madison Realty Capital Originates $278.5 Million Construction Loan for Three Multifamily Projects and Luxury Condominium in Austin, Texas

Portfolio Includes 734 multifamily apartments, 1,264 planned multifamily units, and 117 luxury condominium residences
NEW YORK, June 08, 2021 (GLOBE NEWSWIRE) — Madison Realty Capital, a fully integrated real estate private equity firm focused on debt and equity investment strategies, today announced it has provided a $278.5 million construction loan for a portfolio of four assets located in Austin, Texas to ReRead More…

PPL COVID-19 vaccination drive kicks off at Karachi

Karachi, June 08, 2021 (PPI-OT):Pakistan Petroleum Limited (PPL) kicked-off an in-house COVID-19 vaccination drive to immunize employees, dependents and contract staff at its head office in Karachi in coordination with District Health Officer, South. MD and CEO Moin Raza Khan inaugurated the PPL vaccination centre in Karachi on June 7.
Over 200 company and contract employees received the single dose CanSinoBio vaccinRead More…

VIS Credit Rating Company Maintains Entity Ratings of Sunrays Textile Mills Limited

Karachi, June 08, 2021 (PPI-OT):VIS Credit Rating Company Limited (VIS) has maintained entity ratings of Sunrays Textile Mills Limited (SUTM) at ‘A-/A-1’ (Single A Minus/A-One). Long term entity rating of ‘A-’ reflects good credit quality, adequate protection factors. Risk factors may vary with possible changes in the economy. Short Term Rating of ‘A-1’ indicates high certainty of timely payment, liquiditRead More…

KCCI hails selection of judicial members in Customs Appellate Tribunal

Karachi, June 08, 2021 (PPI-OT):President Karachi Chamber of Commerce and Industry (KCCI) M Shariq Vohra has congratulated Chief Justice of Pakistan Justice Gulzar Ahmed, Prime Minister Imran Khan and Law Minister Dr Farogh Naseem for selecting judicial members in the Customs Appellate Tribunal and the Appellate Tribunal Inland Revenue all over Pakistan.
In a statement issued Tuesday, President KCCI hoped that the apRead More…

US envoy meets Sindh Chief Minister, discusses USAID schemes

Karachi, June 08, 2021 (PPI-OT):Sindh Chief Minister Syed Murad Ali Shah and Leslie C. Viguerie, Charge d’ Affaires, US Embassy, Islamabad discussed USAID portfolio and COVID-19 pandemic issues in their meeting held here at CM House on Tuesday. The meeting was attended by acting Consul General John Hillmeyer, Political Economic Counsellor Ms Aleksandra Zitle, USAID Regional Office Director James Parys, CulturalRead More…

Sindh Chief Minister complains Centre giving a low number of schemes to Sindh

Karachi, June 08, 2021 (PPI-OT):Sindh Chief Minister Syed Murad Ali Shah said Tuesday that the province which contributes 70 percent of Pakistan’s revenue is rewarded by being pittance when compared to the schemes offered to other provinces. This he said while addressing a press conference here at CM House. He was accompanied by his Senior Advisor Nisar Khuhro and Information Minister Nisar Khuhro. He said that theRead More…

Commander Azerbaijan Naval Forces called on Chief of the Naval Staff at Naval Headquarters

Islamabad, June 08, 2021 (PPI-OT):Rear Admiral Subhan Bakirov, Commander Azerbaijan Naval Forces (ANF) called on Chief of the Naval Staff, Admiral Muhammad Amjad Khan Niazi at Naval Headquarters, Islamabad. Upon arrival, Commander Azerbaijan Naval Forces was received by Chief of the Naval Staff. A smartly turned out contingent of Pakistan Navy presented Guard of Honour. Thereafter, the dignitary laid floral wreath atRead More…

Pakistan Navy observes World Ocean Day

Islamabad, June 08, 2021 (PPI-OT):World Oceans Day is celebrated to focus the maintenance and development of the oceans and coastal areas. Oceans are very important for mankind as these are major source of sustenance of life on earth and act as lungs to our planet as they provide more than 50% of the oxygen produced on this planet. They are also major absorbers of greenhouse gases and carbon dioxide. Oceans regulate Read More…

10 outlaws held, cache of narcotics recovered

Islamabad, June 08, 2021 (PPI-OT):Islamabad Police have arrested 10 outlaws during a massive crackdown against criminals, a police spokesman said. According to details, Senior Superintendent of Police (Operations) Dr. Syed Mustafa Tanveer had directed all zonal SPs to launch a massive crackdown against drug pushers and criminals. Following these orders, Aabpara police apprehended two bootleggers namely Safeer Masih aRead More…

COVID-19 claims 20 more patients, infects 575 others

Karachi, June 08, 2021 (PPI-OT):As many as 20 more patients of Coronavirus died overnight lifting the death toll to 5,164 and 575 new cases emerged when 12,660 tests were conducted. This was stated by Sindh Chief Minister Syed Murad Ali Shah in a statement issued here on Tuesday. He added that 20 more patients of COVID-19 lost their lives lifting the death toll to 5,164 that constituted 1.6 percent death rate. Mr. ShRead More…