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Silkbank Ltd Faces Financial Challenges in 2023

Karachi, Silkbank Ltd, listed as NC, faced financial challenges with a daily weighted average rate of Rs. 1.15, and today’s rate at Rs. 1.16. The bank’s significant paid-up capital is Rs. 90,818.61 million. Since its listing in 1995, the bank did not declare any distributions for the year. The EPS for January-November 2023 was Rs. 0.12*, with a high rate of Rs. 1.27 and a turnover of 536,596,500.

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Pakistan and Kuwait Pledge to Enhance Bilateral Ties

Islamabad: Pakistan and Kuwait have reaffirmed their commitment to strengthen their brotherly relations. Deputy Prime Minister and Foreign Minister Ishaq Dar engaged in talks today with the Foreign Minister of Kuwait, Sheikh Jarrah Jaber al-Ahmad al-S...