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Karachi (PPI Bot): Power Holding Limited has secured long-term financing by issuing 10-year Sukuk with a profit rate of 6-month KIBOR plus 0.8%. The total issue size is a substantial PKR 200 billion, fully retained as outstanding principal. Investors are set to receive their next coupon on 1 March 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 ...