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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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 ...