The Hub Power Company Limited Lists Sukuk with Payment Due in August 2023

Karachi: The Hub Power Company Limited has placed a 4-year Sukuk on the market, offering a return based on the 3-month KIBOR plus 1.8%. With a total issue size of PKR 7 billion, there is an outstanding principal of PKR 3.5 billion. The next coupon is expected on 22nd August 2023.

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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...