The Hub Power Company Limited Stabilizes Funding with Sukuk

Karachi (PPI Bot): The Hub Power Company Limited has issued Sukuk with a profit rate of 3-month KIBOR plus 1.8% over a 4-year term. The total issue size is PKR 7 billion, with half of that amount currently outstanding. The next coupon payment is scheduled for 22 August 2023.

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PM and Defence Production Minister Discuss Makkah Joint Defence Agreement

Islamabad: Minister for Defence Production Muhammad Raza Hayat Harraj called on Prime Minister Muhammad Shehbaz Sharif in Islamabad. The meeting focused on discussions of mutual interest between the two leaders. According to Radio Pakistan, the Mini...