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Karachi: Hub Power Holdings Limited has structured a five-year sukuk, HUBPHLSC, with a profit rate of 6M KIBOR+2.5%. With a total issue size of 6 billion Rs. and an equal outstanding principal, the next coupon payment is expected on 12-May-2024, underscoring the company’s funding strategy.
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PM and Defence Production Minister Discuss Makkah Joint Defence Agreement
Islamabad: Minister for Defence Production Muhammad Raza Hayat Harraj called on Prime Minister Muhammad Shehbaz Sharif in Islamabad. The meeting focused on discussions of mutual interest between the two leaders. According to Radio Pakistan, the Mini...