K-Electric Limited Announces Coupon for 7-Year Sukuk

Karachi (PPI Bot): K-Electric Limited has made public its 7-year Sukuk, KELSC6, with a market lot size of 1 and a face value of 100,000 PKR. The profit rate is defined as 3M KIBOR + 1.7%. The total issue size is 6,700,000,000 PKR, which is also the current outstanding principal. The next coupon will be paid on 23-Nov-2023.

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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 ...