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Army Welfare Trust
Army Welfare Trust (AWT), ( ur, ) also known as Askari Group of Companies, is a Pakistani conglomerate company. It is based in Rawalpindi, Pakistan. The Army Welfare Trust, along with Fauji Foundation, are run by ex-military personnel of the Pakistan Army. The companies provide employment opportunities to ex-military personnel and generate funds for the welfare and rehabilitation of orphans, widows of the deceased soldiers, and the disabled personnel of the army. History It was established in 1971. The first commercial unit was a stud farm located in Probyanabad. AWT now has a total of 15 business units working under its banner. Companies It is one of the largest conglomerates in Pakistan. The assets the group owns are: Listed on Stock exchange * Askari General Insurance * Askari Life Insurance Unlisted Following are the companies which are not listed on Pakistani stock exchanges: * Askari Aviation * Askari Bank * Askari Cement * Mobil Pakistan * Askari Tower, Lahore * AWT Inv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rawalpindi
Rawalpindi ( or ; Urdu, ) is a city in the Punjab province of Pakistan. It is the fourth largest city in Pakistan after Karachi, Lahore and Faisalabad, and third largest in Punjab after Lahore and Faisalabad. Rawalpindi is next to Pakistan's capital Islamabad, and the two are jointly known as the "twin cities" because of the social and economic links between them. Rawalpindi is on the Pothohar Plateau, known for its ancient Hindu and Buddhist heritage, especially in the neighbouring town of Taxila, a UNESCO World Heritage Site. In 1765, the ruling Gakhars were defeated and the city came under Sikh rule, becoming an important city within the Sikh Empire based at Lahore. The city's ''Babu Mohallah'' neighbourhood was once home to a community of Jewish traders that had fled Mashhad, Persia, in the 1830s. The city was conquered by the British Raj in 1849, and in the late 19th century became the largest garrison town of the British Indian Army's Northern command as its climate ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pakistan
Pakistan ( ur, ), officially the Islamic Republic of Pakistan ( ur, , label=none), is a country in South Asia. It is the world's List of countries and dependencies by population, fifth-most populous country, with a population of almost 243 million people, and has the world's Islam by country#Countries, second-largest Muslim population just behind Indonesia. Pakistan is the List of countries and dependencies by area, 33rd-largest country in the world by area and 2nd largest in South Asia, spanning . It has a coastline along the Arabian Sea and Gulf of Oman in the south, and is bordered by India to India–Pakistan border, the east, Afghanistan to Durand Line, the west, Iran to Iran–Pakistan border, the southwest, and China to China–Pakistan border, the northeast. It is separated narrowly from Tajikistan by Afghanistan's Wakhan Corridor in the north, and also shares a maritime border with Oman. Islamabad is the nation's capital, while Karachi is its largest city and fina ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mobil
Mobil is a petroleum brand owned and operated by American oil and gas corporation ExxonMobil. The brand was formerly owned and operated by an oil and gas corporation of the same name, which itself merged with Exxon to form ExxonMobil in 1999. A direct descendant of Standard Oil, Mobil was originally known as the Standard Oil Company of New York (shortened to Socony) after Standard Oil was Standard Oil Co. of New Jersey v. United States, split into 34 different entities in a 1911 Supreme Court decision. Socony merged with Vacuum Oil Company, from which the Mobil name first originated, in 1931 and subsequently renamed itself to Socony-Vacuum Oil Company. Over time, Mobil became the company's primary identity, which incited another renaming in 1963, this time to Mobil Corporation. Mobil credits itself with being the first company to introduce Pay at the pump, paying at the pump at its gas stations, the first company to produce jet aviation fuel, as well as the first company to intr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Conglomerate (company)
A conglomerate () is a multi-industry company – i.e., a combination of multiple business entities operating in entirely different industries under one corporate group, usually involving a parent company and many subsidiaries. Conglomerates are often large and multinational. United States The conglomerate fad of the 1960s During the 1960s, the United States was caught up in a "conglomerate fad" which turned out to be a form of speculative mania. Due to a combination of low interest rates and a repeating bear-bull market, conglomerates were able to buy smaller companies in leveraged buyouts (sometimes at temporarily deflated values). Famous examples from the 1960s include Ling-Temco-Vought,. ITT Corporation, Litton Industries, Textron, and Teledyne. The trick was to look for acquisition targets with solid earnings and much lower price–earnings ratios than the acquirer. The conglomerate would make a tender offer to the target's shareholders at a princely premium to the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fauji Foundation
Fauji Foundation ( ur, ), lit. ''Soldier Foundation''), (also known as Fauji Group) is a Pakistani conglomerates company which is active in fertilizer, cement, food, power generation, gas exploration, LPG marketing and distribution, financial services, and security services. The word "Fauji" () is an Urdu word that means "soldier" and the company was set up in order to provide employment opportunities to Pakistani ex-military personnel and to generate funds for the welfare of widows, and families of martyrs. History Fauji Foundation was established as a charitable trust in 1954, and operating on a completely self-sustaining basis, channels approximately 80% of the profits from commercial ventures into social protection programs that serve a beneficiary population representing approximately 7% of the country's population. Spending more than Rs. 23.8 billion since inception on welfare, the Foundation provides services in the areas of healthcare, education, educational stipen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Askari Bank
Askari Bank Ltd (), formerly Askari Commercial Bank, is a commercial and retail bank in Pakistan and is owned by Fauji Foundation, part of Pakistan Army. History It was founded on October 9, 1991, as a public limited company. On June 21, 2013, the bank was acquired by Fauji Group. In September 2020, Askari Bank it acquired Askari Securities which is now a wholly-owned subsidiary. Branches Askari Bank has 560 branches across Pakistan and a wholesale bank branch in Bahrain. Awards and recognitions * The Asian Banker awarded twice as “Best Retail Bank in Pakistan” in 2004 and 2005. * Askari Bank also has been given the “Best Consumer Internet Bank” award by Global Finance magazine for the years 2002 and 2003. See also *List of banks in Pakistan The following is the list of notable banks in Pakistan. State Bank of Pakistan is the Central Bank of Pakistan. Systemically Important Banks Domestically Systemically Important Banks * Habib Bank Limited (HBL) * Nationa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bahria Foundation
Bahria Foundation ( ur, ) is a Pakistani conglomerate company based in Karachi, Pakistan. The business is run by the Pakistan Navy and was established for welfare of its employees in 1982. It is currently headed by Vice Admiral (R) Shah Sohail Masood. Subsidiaries It owns following assets: * Bahria Foundation Schools and Colleges * Bahria Maritime Works Organization See also * Shaheen Foundation * Fauji Foundation Fauji Foundation ( ur, ), lit. ''Soldier Foundation''), (also known as Fauji Group) is a Pakistani conglomerates company which is active in fertilizer, cement, food, power generation, gas exploration, LPG marketing and distribution, financial ... References External links * Pakistan Navy Conglomerate companies of Pakistan Companies based in Karachi 1982 establishments in Pakistan Conglomerate companies established in 1982 {{Pakistan-company-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shaheen Foundation
Shaheen Foundation () is a welfare foundation of the Pakistan Air Force. Shaheen Foundation works in different sectors ranging from education to aviation. Companies * FM 100 radio * Shaheen Airport Services * Shaheen Aerotraders * Shaheen Knitwear * Shaheen Complex, Karachi * Shaheen Complex, Lahore * Shaheen Medical Services * Hawk Advertising * Fazaia Welfare Education School System * Fazaia Housing society * SAPS Aviation College * Air Eagle Aviation Academy * Shaheen Welfare Housing Scheme, Peshawar. * Shaheen Air Internationalhttps://tribune.com.pk/story/640815/benevolently-yours-caa-plays-favourites-with-shaheen-air (former) * Shaheen School System See also * Fauji Foundation Fauji Foundation ( ur, ), lit. ''Soldier Foundation''), (also known as Fauji Group) is a Pakistani conglomerates company which is active in fertilizer, cement, food, power generation, gas exploration, LPG marketing and distribution, financial ... References External links * Pakis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Defence Housing Authority
Defence Housing Authority (DHA) ( ur, ). It is a Government of Pakistan owned real-estate development company that governs housing and municipal services for Defence neighbourhoods across Pakistan. It is the first largest residential community in Pakistan. It was constitutionalised through an act of parliament in 2002, whereas, Defence Secretary is it chairman and it is managed by Pakistan Army. Primarily aimed to develop housing for current and retired military personnel in 1970s, now sells most plots in its new projects to civilians while a portion of total plots is alloted to armed forces officers, families of martyrs and other employees as service benefit on installment payment plans ranging from 10 to 20 years. DHA allows the construction of houses and commercial buildings according to defined parameters, to create safe and environment friendly infrastructure. DHA has endeavored to provide an opportunity to live the innovative and modern living. Relying on the elements o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Conglomerate Companies Of Pakistan
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Conglomerate or conglomeration may refer to: * Conglomerate (company) * Conglomerate (geology) * Conglomerate (mathematics) In popular culture: * The Conglomerate (American group), a production crew and musical group founded by Busta Rhymes ** Conglomerate (record label), a hip hop label founded by Busta Rhymes * The Conglomerate (Australian group), a jazz quartet See also * Conglomerate Ridge, in the Ellsworth Mountains, Antarctica * ConGlomeration (convention) ConGlomeration was an annual multigenre convention held in or around Louisville, Kentucky between 2001 and 2019. ConGlomeration was an all-volunteer non-profit organization which, as part of its convention programming, conducted charitable acti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Conglomerate Companies Established In 1971
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Conglomerate or conglomeration may refer to: * Conglomerate (company) * Conglomerate (geology) * Conglomerate (mathematics) In popular culture: * The Conglomerate (American group), a production crew and musical group founded by Busta Rhymes ** Conglomerate (record label), a hip hop label founded by Busta Rhymes * The Conglomerate (Australian group), a jazz quartet See also * Conglomerate Ridge, in the Ellsworth Mountains, Antarctica * ConGlomeration (convention) ConGlomeration was an annual multigenre convention held in or around Louisville, Kentucky between 2001 and 2019. ConGlomeration was an all-volunteer non-profit organization which, as part of its convention programming, conducted charitable acti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1971 Establishments In Pakistan
* The year 1971 had three partial solar eclipses (Solar eclipse of February 25, 1971, February 25, Solar eclipse of July 22, 1971, July 22 and Solar eclipse of August 20, 1971, August 20) and two total lunar eclipses (February 1971 lunar eclipse, February 10, and August 1971 lunar eclipse, August 6). The world population increased by 2.1% this year, the highest increase in history. Events January * January 2 – 66 people are killed and over 200 injured 1971 Ibrox disaster, during a crush in Glasgow, Scotland. * January 5 – The first ever One Day International cricket match is played between Australia and England at the Melbourne Cricket Ground. * January 8 – Tupamaros kidnap Geoffrey Jackson, British ambassador to Uruguay, in Montevideo, keeping him captive until September. * January 9 – Uruguayan president Jorge Pacheco Areco demands emergency powers for 90 days due to kidnappings, and receives them the next day. * January 12 – The landmark United ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
