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Agha Steel Industries Limited Announces Sukuk Issue

Karachi: Agha Steel Industries Limited has announced a Sukuk issue under the symbol AGSILSC. With a market lot of 1 and a face value of Rs. 1,000,000, the tenor of this Sukuk is set for 6 years. The profit rate is based on 3M KIBOR+0.8%. The total issue size amounts to Rs. 5,000,000,000, while the outstanding principal stands at Rs. 3,750,000,000. The next coupon date for this Sukuk is scheduled for 09-Jan-2024.

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CM Punjab Inaugurates Provincial Intelligence Fusion and Threat Assessment Center in Lahore

Lahore: Punjab Chief Minister Maryam Nawaz inaugurated the Provincial Intelligence Fusion and Threat Assessment Center and AI Hub in Lahore today. Speaking on the occasion, she highlighted the significant role the Centre will play in enhancing the pro...