An American IT company on Thursday expressed keen interest for large-scale investment in Khyber Pakhtunkhwa including the intention of setting up a Technology City in the province. AFP/File
PESHAWAR: An American IT company on Thursday expressed keen interest for large-scale investment in Khyber Pakhtunkhwa including the intention of setting up a Technology City in the province.
The offer was made during a meeting of Afiniti CEO Zia Chishti with Khyber Pakhtunkhwa Chief Minister Mahmood Khan. The meeting was attended by KP Finance Minister Taimur Saleem Jhagra and KP Local Government Minister Akbar Ayub Khan along with Special Assistant Kamran Bangash, Additional Chief Secretary Shakeel Qadir and other relevant officials.
US company offers to set up Tech City in KP
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American IT Company offers establishment of Tech City
thenews.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenews.com.pk Daily Mail and Mail on Sunday newspapers.
PESHAWAR: The Bank of Khyber has posted historic Rs3.8 billion profit in 2020 despite challenges posed by the pandemic.
A statement issued here said that bank’s board of director meeting was briefed about the financial results for the year 2020. The meeting was chaired by the board chairman and additional chief secretary, Shakeel Qadir Khan.
It said that bank closed year with historic profit before tax (PBT) of Rs3.8 billion, whereas profit after tax (PAT) with rise of 64 per cent and stood at Rs2.151 billion as compared to Rs1.306 billion for the same period of 2019.
The bank maintained strong payout to shareholders declaring dividends of Rs.1.5 billion for year 2020 along with bonus shares at five per cent while earnings per share was at Rs.2.1 as compared to Rs.1.3 in 2019.