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...
Read More »K-Electric Limited Commits to Seven-Year Sukuk
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...
Read More »Siddiqsons Tin Plate Ltd. Maintains Stability Amid No Dividends
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...
Read More »Emirates Announces $950 Million Investment in State-of-the-Art Engineering Facility in Dubai
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.
Read More »Emirates and Condor Boost Global Connectivity with New Partnership
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.
Read More »Provincial Minister Younus Dagha to Meet with Karachi Chamber Members
Karachi, Muhammad Younus Dagha, the Provincial Minister for Revenue, Industries & Commerce, is scheduled to visit the Karachi Chamber of Commerce for a meeting with its members. This important gathering is set for Wednesday, 15th November 2023, at 2:45...
The post Provincial Minister Younus Dagha to Meet with Karachi Chamber Members appeared first on Pakistan Business News.
Read More »“NetSol Technologies Poised for Uptrend, Technical Analysis Indicates”
Karachi, NetSol Technologies, a prominent player in the technology sector, is showing signs of a potential uptrend in its stock value. Technical analysis suggests that the company, after consolidating above the 233-day Exponential Moving Average (EMA) ...
The post “NetSol Technologies Poised for Uptrend, Technical Analysis Indicates” appeared first on Pakistan Business News.
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