Agha Steel Industries Limited Secures Long-term Financing with Sukuk

Karachi, (PPI Bot): Agha Steel Industries Limited has successfully placed a six-year Sukuk, AGSILSC, with an issue size of PKR 5 billion and an outstanding principal of PKR 3.75 billion. The Sukuk carries a profit rate of 3M KIBOR+0.8%, with the next coupon due on 09-Jan-2024. The market lot is set at one, with a face value of PKR 1,000,000 per certificate.

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President Lauds Saudi Envoy for Strengthening Pak-Saudi Ties

Islamabad: President Asif Ali Zardari has appreciated the Saudi Ambassador to Pakistan, Nawaf bin Said Al-Malkiy, for strengthening the longstanding fraternal and strategic ties between Pakistan and Saudi Arabia. He was talking to the Ambassador, who ...