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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Meeting Focuses on Preparations for Youm-e-Istehsal Commemoration

Islamabad: A meeting was held in Islamabad today with Federal Secretary for Kashmir Affairs and Gilgit-Baltistan Kamran Rehman Khan in the chair, to review preparations for the observance of Youm-e-Istehsal on the 5th of next month. According to Rad...