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K-Electric Limited Locks in Financing with Seven-Year Sukuk

Karachi: K-Electric Limited has secured financing through a seven-year Sukuk, carrying a profit rate of 3-month KIBOR plus 1.7%. The market lot is 1 with a face value of Rs. 100,000. The total issue size stands at Rs. 6,700,000,000, fully outstanding. The next coupon payment is scheduled for 23 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...