Another Sukuk Disclosure by The Hub Power Company Limited

Karachi, In a successive announcement, The Hub Power Company Limited has shared details of another Sukuk with a face value of Rs. 100,000. This Sukuk, with a tenor of 4 years, has a profit rate determined by 1 Yr KIBOR + 1.9%. The total issue size is Rs. 5,000,000,000 with an outstanding principal of Rs. 3,750,000,000. The next coupon date for this Sukuk is 19-Mar-2024.

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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 ...