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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Pakistan Emphasizes Diplomacy for Iran Nuclear Issue

Islamabad: Pakistan has reiterated that the Iran nuclear issue should be addressed through peaceful means. The remarks were made by Pakistan's Permanent Representative to the UN, Asim Iftikhar Ahmad, while speaking on the Security Council Vote on the ...