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Arif Habib
Muhammad Arif Habib ( ur, ; b. 1953) is a Pakistani business magnate and stock market trader who is the founder of the Arif Habib Group. As of 2012, Arif Habib Group had 11,000 employees and annual revenue of Rs. 100 billion. He also serves as member of Boards of Governors of Karachi School of Business and Leadership (KSBL). Early life Habib was born to a Memon family in Karachi as the youngest of nine siblings. His family were from Bantva, Gujarat, where they owned a tea venture and several properties. Following the independence of Pakistan in 1947, they left behind their businesses and migrated to Pakistan. He enjoys cricket and is a noted philanthropist, serving as a trustee of organisations such as Fatimid Foundation and Memon Health and Education Foundation, and as director of the Pakistan Centre for Philanthropy (PCP) and Karachi Education Initiative. Business career In 1970, at the young age of 17, Habib began his career as a stockbroker at the Karachi Stock Exchange (KSE), ...
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Karachi
Karachi (; ur, ; ; ) is the most populous city in Pakistan and 12th most populous city in the world, with a population of over 20 million. It is situated at the southern tip of the country along the Arabian Sea coast. It is the former capital of Pakistan and capital of the province of Sindh. Ranked as a beta-global city, it is Pakistan's premier industrial and financial centre, with an estimated GDP of over $200 billion ( PPP) . Karachi paid $9billion (25% of whole country) as tax during fiscal year July 2021 to May 2022 according to FBR report. Karachi is Pakistan's most cosmopolitan city, linguistically, ethnically, and religiously diverse, as well as one of Pakistan's most secular and socially liberal cities. Karachi serves as a transport hub, and contains Pakistan’s two largest seaports, the Port of Karachi and Port Qasim, as well as Pakistan's busiest airport, Jinnah International Airport. Karachi is also a media center, home to news channels, film and fashi ...
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Privatisation In Pakistan
The Privatisation process in Pakistan (sometimes referred to as Denationalisation programme or simply the Privatisation in Pakistan) is a continuous policy measure program in the economic period of Pakistan. It was first conceived and implemented by the then- people-elected Prime Minister Nawaz Sharif and the Pakistan Muslim League, in an attempt to enable the nationalised industries towards market economy, immediately after the economic collapse of the Soviet Union in 1989–90. The programme was envisaged and visioned to improve the GDP growth of the national economy of Pakistan, and reversal of the nationalisation programme in 1970s— an inverse of the privatisation programme. In the period of the 1970s, all major private industries and utilities were put under the government ownership in an intensified programme, called the nationalisation programme that led the economic disaster in Pakistan. Since then, the demand for denationalisation gained currency towards the endin ...
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Memon People
The Memon are an Indo-Aryan ethnic group that originated in the Sindh region of Pakistan. The majority of the Memon people around the world follow the Hanafi fiqh of Sunni Islam. The Memon people have cultural similarities with the Khoja, Khatri (Vohra), and Gujarati peoples. Memon people speak the Memoni language as their first language. Some consider the Memon language to be a dialect of the Sindhi language. The Memon language shares vocabulary with the Sindhi language, Kutchi language and Gujarati language. Today, the Memon people are connected through globally recognized organisations such as the World Memon Organisation (WMO) and International Memon orgnisation (IMO). Sindhi Memons and Kutchi Memons are related ethnic groups. History Sindhi, Gujarati origins Memon lineage traces back to Lohanas of Lahore and Sindh, who practiced Hinduism. The origin of the name comes from Mu'min (, "believer" in Arabic) and later evolved to present name Memon. The Memon community was ...
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Living People
Related categories * :Year of birth missing (living people) / :Year of birth unknown * :Date of birth missing (living people) / :Date of birth unknown * :Place of birth missing (living people) / :Place of birth unknown * :Year of death missing / :Year of death unknown * :Date of death missing / :Date of death unknown * :Place of death missing / :Place of death unknown * :Missing middle or first names See also * :Dead people * :Template:L, which generates this category or death years, and birth year and sort keys. : {{DEFAULTSORT:Living people 21st-century people People by status ...
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Businesspeople From Karachi
A businessperson, businessman, or businesswoman is an individual who has founded, owns, or holds shares in (including as an angel investor) a private-sector company. A businessperson undertakes activities (commercial or industrial) for the purpose of generating cash flow, sales, and revenue by using a combination of human, financial, intellectual, and physical capital with a view to fueling economic development and growth. History Prehistoric period: Traders Since a "businessman" can mean anyone in industry or commerce, businesspeople have existed as long as industry and commerce have existed. "Commerce" can simply mean "trade", and trade has existed through all of recorded history. The first businesspeople in human history were traders or merchants. Medieval period: Rise of the merchant class Merchants emerged as a "class" in medieval Italy (compare, for example, the Vaishya, the traditional merchant caste in Indian society). Between 1300 and 1500, modern accountin ...
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1953 Births
Events January * January 6 – The Asian Socialist Conference opens in Rangoon, Burma. * January 12 – Estonian émigrés found a government-in-exile in Oslo. * January 14 ** Marshal Josip Broz Tito is chosen President of Yugoslavia. ** The CIA-sponsored Robertson Panel first meets to discuss the UFO phenomenon. * January 15 – Georg Dertinger, foreign minister of East Germany, is arrested for spying. * January 19 – 71.1% of all television sets in the United States are tuned into ''I Love Lucy'', to watch Lucy give birth to Little Ricky, which is more people than those who tune into Dwight Eisenhower's inauguration the next day. This record has yet to be broken. * January 20 – Dwight D. Eisenhower is sworn in as the 34th President of the United States. * January 24 ** Mau Mau Uprising: Rebels in Kenya kill the Ruck family (father, mother, and six-year-old son). ** Leader of East Germany Walter Ulbricht announces that agriculture will be col ...
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Board Of Governors
A board of directors (commonly referred simply as the board) is an executive committee that jointly supervises the activities of an organization, which can be either a for-profit or a nonprofit organization such as a business, nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulations (including the jurisdiction's corporate law) and the organization's own constitution and by-laws. These authorities may specify the number of members of the board, how they are to be chosen, and how often they are to meet. In an organization with voting members, the board is accountable to, and may be subordinate to, the organization's full membership, which usually elect the members of the board. In a stock corporation, non-executive directors are elected by the shareholders, and the board has ultimate responsibility for the management of the corporation. In nations with codetermination (such as G ...
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Government Of Pakistan
The Government of Pakistan ( ur, , translit=hakúmat-e pákistán) abbreviated as GoP, is a federal government established by the Constitution of Pakistan as a constituted governing authority of the Administrative units of Pakistan, four provinces, two autonomous territories, and one federal territory of a Parliamentary democracy, parliamentary democratic Parliamentary republic, republic, constitutionally called the Pakistan, Islamic Republic of Pakistan. Effecting the Westminster system for governing the state, the government is mainly composed of the Executive branch, executive, Legislative branch, legislative, and Judicial branch, judicial branches, in which all powers are vested by the Constitution of Pakistan, Constitution in the Parliament of Pakistan, Parliament, the Prime Minister of Pakistan, Prime Minister and the Supreme Court of Pakistan, Supreme Court. The powers and duties of these branches are further defined by acts and amendments of the Parliament, including the ...
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Pakistan Board Of Investment
Board of Investment (BOI) ( ur, ) is the premier investment promotion agency of Pakistan working under the administrative control of the Prime Minister’s Office and is mandated to promote and facilitate both local & foreign investment. The Board of Investment is a member of the World Association of Investment Promotion Agencies (WAIPA). Pakistan offers a variety of attractive opportunities for both local & foreign investors. The country is geo-strategically placed at the crossroads of Asia; in geographical terms it is strategically located among landlocked central Asian states, thriving China, resource rich Middle East and huge markets of South East Asia. It has been a center of attraction for the developed economies to invest for lucrative returns. There are ample reasons for the business community to opt for Pakistan having business friendly environment and liberal economic policies to growing infrastructure. Ease of doing business According to the World Bank’s Doing Bu ...
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