Invest Capital Investment Bank Reports Modest Earnings Amidst Market Volatility

Karachi, Invest Capital Investment Bank (ICIBL), a notable entity in the investment banking sector, disclosed its earnings for the fiscal year ending February 2024, showcasing an earnings per share (EPS) of Rs. 0.32. Despite the challenging market conditions, the bank managed to report earnings, reflecting its resilience. The bank, which has been listed on the Pakistan Stock Exchange since 1993, holds a paid-up capital of Rs. 2,848.67 million. The report further indicated no dividend distribution for the years 2022, 2023, and 2024, underscoring a cautious approach in capital allocation amidst economic uncertainties.

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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...