Power Holding Limited Secures Financing through Sukuk; Coupon Due March 2024

Karachi: Power Holding Limited has secured financing via a Sukuk with a 10-year tenor and a profit rate of the 6-month KIBOR plus 0.8%. The substantial issue size of PKR 200 billion is fully outstanding. The next coupon is expected to be paid on 01st March 2024.

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Government’s Commitment to Economic Growth Highlighted by Bilal

Islamabad: Minister of State for Finance and Revenue Bilal Azhar Kayani emphasized the government's dedication to fostering investment, industrial development, exports, and economic growth during a consultative meeting in the city. The meeting brought...