Agha Steel Industries Limited’s Sukuk to Pay Next Coupon on January 9, 2024

Karachi: Agha Steel Industries Limited’s Sukuk, symbolized as AGSILSC, with a face value of Rs. 1,000,000 per Mkt. Lot and a tenor of 6 years, offers a profit rate of “3M KIBOR + 0.8%”. The total issue size for this security is Rs. 5,000,000,000, and investors can expect the next coupon payment on January 9, 2024.

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President Gives Assent to OGRA Amendment Ordinance 2026

Islamabad: President Asif Ali Zardari has given assent to the Oil and Gas Regulatory Authority (OGRA) Amendment Ordinance 2026. The President, on the advice of the Prime Minister, issued an ordinance related to the amendments in clause 2 and 3 of the ...