K-Electric Limited Highlights 7-Year Sukuk Performance

Karachi, K-Electric Limited’s Sukuk, represented by KELSC5, has a market lot of 1 and a face value of Rs. 5,000. This 7-year tenor security carries a profit rate of 3M KIBOR+1.7%. The total issue size is Rs. 25,000,000,000 with an outstanding principal of Rs. 23,750,000,000. The next coupon date is slated for 03-11-2023.

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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 ...