TPL Corp Limited Commits to Infrastructure Development with Sukuk Issuance

Karachi (PPI Bot): TPL Corp Limited has committed to financing its infrastructure projects by issuing 5-year Sukuk with a profit rate of 3-month KIBOR plus 2.25%. The total issue size is PKR 2.19 billion, with the same amount outstanding. The company will make its next coupon payment on 23 December 2023.

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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 ...