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K-Electric Limited Introduces Sukuk with 7-Year Tenor

Karachi, K-Electric Limited brought forth Sukuk with the symbol KELSC5, featuring a face value of Rs. 5,000 and a tenor of 7 years. This Sukuk offers a profit rate of 3M KIBOR+1.7%. The total issue size for this security is Rs. 25,000,000,000, with an outstanding principal of Rs. 23,750,000,000. The next coupon date for investors is set for 3rd November 2023.

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CM Punjab Inaugurates Provincial Intelligence Fusion and Threat Assessment Center in Lahore

Lahore: Punjab Chief Minister Maryam Nawaz inaugurated the Provincial Intelligence Fusion and Threat Assessment Center and AI Hub in Lahore today. Speaking on the occasion, she highlighted the significant role the Centre will play in enhancing the pro...