BankIslami Pakistan Ltd Posts Moderate Earnings

Karachi, BankIslami Pakistan Ltd (BIPL) ended at Rs. 21.68, with an average rate of Rs. 22.01. The bank’s paid-up capital stands at Rs. 11,087.03 million. BIPL recorded a turnover of 631,551,345 shares and declared a 10% dividend for 2022 and a 1.75% (I) dividend for 2023. The EPS for January-November 2023 is Rs. 1.94, showing a moderate performance.

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Ahsan Directs to Expedite Development Projects in GB

Islamabad: Planning Minister Ahsan Iqbal has directed for formulating proposals on fiscal reforms and expedited execution of development projects in Gilgit-Baltistan. He was chairing a meeting of the Prime Minister's Review Committee in Islamabad. A...