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BankAlfalah Limited Announces Strong Dividend, Karachi

Karachi, BankAlfalah Limited (BAFL) closed at Rs. 49.20, with a daily weighted average rate of Rs. 49.56. The bank, holding a paid-up capital of Rs. 15,771.65 million, declared a 50% dividend for 2022 and 30% interim for 2023. Its high rate was Rs. 53.48, and the low rate was Rs. 27.6, with a turnover of 530,195,462 shares. The EPS for 2022/2023 was Rs. 8.00. BankAlfalah Limited has been on the Pakistan Stock Exchange since 2004.

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Aurangzeb Engages with U.S. Development Finance Corporation for Enhanced Sectoral Projects

Islamabad: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, engaged with representatives of the U.S. International Development Finance Corporation in Washington, D.C. This meeting aimed to seek expedited support for priority priva...