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Karachi: K-Electric Limited’s Sukuk, KELSC6, with a seven-year term, is set for its next coupon payment on 23-Nov-2023. The Sukuk bears a profit rate of 3M KIBOR+1.7% against a total issue size of PKR 6,700,000,000, entirely outstanding. Each market lot is priced at PKR 100,000, providing investors with substantial profit potential.
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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 ...