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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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...