Islamic finance delivers another milestone transaction for Pakistan in difficult times Karachi, June 09, 2020: Meezan Bank, Pakistan’s first and largest Islamic bank has played a leading role in successfully concluding the issuance of Pakistan Energy Sukuk (PES) II worth approximately PKR 200 billion by Power Holding Limited (PHL), a public sector entity fully owned…
Karachi, February 26, 2020: The Overseas Investors Chamber of Commerce and Industry (OICCI) has launched its ‘OICCI Energy Report 2019’ today. The report is based on the recommendations of the 31 leading international energy sector companies operating in Pakistan, who are members of the chamber. Pakistan’s energy sector has witnessed significant transformation over the past five years, with…
Karachi, January 21, 2020: After the approval by the ECC yesterday, we expect the Energy Sukuk-2 of Rs200 billion to be released soon, as the meeting with IMF starts on Feb 3, 2020. The payment will be directed towards the power sector (i.e. Gencos, Hub Power, Kot Addu Power, Nishat IPPs, AES IPPs etc.), we…
Karachi, December 9, 2019: Bayer, a leading life science company in the fields of health care and nutrition, is sponsoring Quetta Gladiators, one of the most successful teams of the Pakistan Super League, for PSL 2020. Bayer’s Consumer Health brand Berocca, a vitamin and mineral supplement which fulfills the energy needs of fitness conscious people globally, shall…
Karachi, October 23, 2019: The edotco Group Sdn Bhd (“edotco”), the region’s end-to-end integrated telecommunications infrastructure services company, is improving the lives of over 3,500 people in the rural areas of Bangladesh, Myanmar, and Malaysia through its Tower to Community (T2C) programme. Going beyond its core purpose of enabling connectivity, edotco channels excess electricity from…