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Hub Power Holdings Limited Announces 5-Year Sukuk

Karachi, Hub Power Holdings Limited has unveiled its 5-year Sukuk as part of its privately placed debt securities. The market lot and face value are set at 1 and Rs. 100,000 respectively. This Sukuk’s profit rate is attached to the 6-month KIBOR plus 2.5%. The total issue size and outstanding principal both stand at Rs. 6,000,000,000. The Sukuk’s next coupon date is 12-11-2023.

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Dar Discusses Regional Developments with Foreign Ministers of Singapore and Indonesia

Islamabad: Deputy Prime Minister and Foreign Minister Ishaq Dar interacted with Foreign Minister of Singapore, Dr. Vivian Balakrishnan, and Foreign Minister of Indonesia, Sugiono, ahead of the plenary session of the ASEAN Regional Forum Ministerial Me...