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Power Holding Limited’s PESC1 Sukuk Scheduled for March Payout

Karachi: Power Holding Limited’s Sukuk, PESC1, with a ten-year tenure and a market lot value of PKR 5,000, offers a profit rate of 6M KIBOR+0.8%. The total issue size stands at a staggering PKR 200,000,000,000, fully outstanding. Sukuk holders are looking forward to the coupon payment on 01-Mar-2024.

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Aurangzeb Engages with U.S. Development Finance Corporation for Enhanced Sectoral Projects

Islamabad: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, engaged with representatives of the U.S. International Development Finance Corporation in Washington, D.C. This meeting aimed to seek expedited support for priority priva...