Power Holding Limited Issues Another 10-Year Sukuk at a Unique Profit Rate

Karachi, (PPI Bot): In a subsequent offering, Power Holding Limited has issued a 10-year Sukuk, PESC2, with a total issue size of PKR 199.9668 billion, which is also the amount of the outstanding principal. The Sukuk carries a unique profit rate of 6M KIBOR-0.1%, and holders are looking forward to the next coupon date on 21-Nov-2023.

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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 ...