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Hub Power Holdings Limited Commits to Five-Year Sukuk

Karachi: Hub Power Holdings Limited has committed to a five-year Sukuk, with a market lot of 1 and a face value of Rs. 100,000. The profit rate is determined by 6-month KIBOR plus 2.5%. The total issue size is Rs. 6,000,000,000, with the total outstanding principal being the same. The next coupon payment is due on 12 November 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...