Power Holding Limited Reveals Sukuk Information

Karachi, Power Holding Limited has released details for its Sukuk security with a face value of Rs. 5,000. This Sukuk, having a tenor of 10 years, is determined with a profit rate of 6M KIBOR + 0.8%. The total issue size and outstanding principal for this Sukuk are both reported to be Rs. 200,000,000,000. Investors can anticipate the next coupon date on 01-Mar-2024.

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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 ...