BankIslami Pakistan Ltd Announces Modest Dividend Increase

Karachi, BankIslami Pakistan Ltd (BIPL) declared a final cash dividend of 10%, a rise from last year’s 27.5%, for the year ending December 2022. The earnings per share were reported at Rs. 23.15. The bank witnessed considerable trading activity, with share prices ranging from Rs. 27.12 to Rs. 21.01 and a turnover of 96,050,451 shares. Listed in 2006, BankIslami has a paidup capital of Rs. 11,087.03 million and plans its book closure on March 21.

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DPM Emphasizes FDI-Led Economic Growth Strategy

Islamabad: Deputy Prime Minister Ishaq Dar has emphasized the government's policy to invite Foreign Direct Investment in Pakistan, which is undertaken to promote economic and commercial activities in the country. He was chairing a meeting of the Cabin...