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Karachi: Honda Atlas Cars (Pakistan) Ltd., listed since 1994, reported a rate of 174.67 and a daily weighted average rate of 1,428.00. The company's distributions were 45.2% in 2021 and 70% in 2022, with no distributions in 2023. The high rate was Rs ...

Karachi: Hub Power Holdings Limited has structured a five-year sukuk, HUBPHLSC, with a profit rate of 6M KIBOR+2.5%. With a total issue size of 6 billion Rs. and an equal outstanding principal, the next coupon payment is expected on 12-May-2024, under...

Karachi: TPL Corp Limited has solidified its market position by issuing a sukuk, TPLSC, and a TFC, TPLTFC3, each with five-year tenures. The sukuk carries a profit rate of 3M KIBOR+2.25%, and the TFC offers a slightly higher rate of 3M KIBOR+2.50%. Bo...

Karachi: K-Electric Limited's seven-year sukuk, KELSC5, has been issued with a profit rate tied to 3M KIBOR+1.7%. The issue size is 25 billion Rs., with an outstanding principal of 23.75 billion Rs. The next coupon date is anticipated on 03-02-2024, i...

Karachi: Siddiqsons Tin Plate Ltd. reported no dividends for June, maintaining a share rate of 7.05 Rs. The company achieved an earnings per share of 1.41 Rs., with a turnover of 45886000 shares, indicating steady market activity since its 2005 listin...

Dubai, Emirates, the world's largest international airline, revealed plans to invest a staggering $950 million in constructing a new, ultra-modern engineering facility at Dubai World Central (DWC). This expansive project, covering 1 million square mete...

The post Emirates Announces $950 Million Investment in State-of-the-Art Engineering Facility in Dubai appeared first on Pakistan Business News.

Dubai, Emirates and Condor have announced a significant enhancement to their global connectivity through a newly activated reciprocal interline agreement. This collaboration will enable customers to access 70 routes across various continents including ...

The post Emirates and Condor Boost Global Connectivity with New Partnership appeared first on Pakistan Business News.