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Serai Quarter
Serai Quarter ( ur, ), sometimes called Serai Quarters, is a neighbourhood in central Karachi, Pakistan that forms much of its historic central business district. In addition to Karachi's financial centre centred on Serai Quarter's I. I. Chundrigar Road, Serai Quarter contains over 200 historic buildings,Soomro, Tania. (2019). Retrospection of the Architectural Characteristics of Mitha Ram Hostel. 26. 49-58br /> which make up about 37% of all building plots in the quarter. Of these, 78 are protected by the Sindh Cultural Heritage Preservation Act of 1994. Location Serai Quarter is a triangularly shaped district, with Muhammad Ali Jinnah Road forming the northeast boundary, Dr. Ziauddin Ahmed Road forming the western boundary, and I. I. Chundrigar Road forming the southern edge. It is located immediately east of Karachi's Old Town of Mithadar. History Serai Quarter was established as a "kafila serai," or caravanserai, outside the walls of Karachi before the British era. Duri ...
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Locality (settlement)
In geography, statistics and archaeology, a settlement, locality or populated place is a community in which people live. The complexity of a settlement can range from a minuscule number of dwellings grouped together to the largest of cities with surrounding urbanized areas. Settlements may include hamlets, villages, towns and cities. A settlement may have known historical properties such as the date or era in which it was first settled, or first settled by particular people. In the field of geospatial predictive modeling, settlements are "a city, town, village or other agglomeration of buildings where people live and work". A settlement conventionally includes its constructed facilities such as roads, enclosures, field systems, boundary banks and ditches, ponds, parks and woods, wind and water mills, manor houses, moats and churches. History The earliest geographical evidence of a human settlement was Jebel Irhoud, where early modern human remains of eight individuals ...
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Saddar
Saddar ( ur, ), also known as Saddar Bazaar, is a neighbourhood in Karachi, Pakistan. The locality was developed as the primary commercial district during the period of British-era rule in Karachi. As a result, Saddar contains the large concentration of colonial-era architecture in Karachi. History Saddar was established by the British in 1839 as a commercial district for Karachi's European population, to the east of the bazaars of old Karachi in Mithadar, Kharadar, and Jodia Bazaar which served the native population. Following the annexation of Sindh in 1843, Saddar became the location of administrative and military functions. Following the Mutiny of 1857, rebels were executed at by being blown from the mouths of cannons at Saddar's military parade grounds. Karachi's most elite Catholic institutions were quickly established in Karachi: St Patrick's High School and St Joseph's Convent High School, wereset up in 1861 and 1862 respectively. The Edulji Dinshaw Dispensary was es ...
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Government Of Sindh
The Government of Sindh ( sd, حڪومت سنڌ) ( ur, ) is the provincial government of the province of Sindh, Pakistan. Its powers and structure are set out in the provisions of the 1973 Constitution, in which 30 Districts of 7 Divisions under its authority and jurisdiction. The province's head is the Chief Secretary is appointed by the Prime Minister of Pakistan. The Chief Secretary of Sindh is usually a Grade 22 officer, belonging to the Pakistan Administrative Service. Although the Governor is the head of the province on paper, it is largely a ceremonial position; and the main powers lie with the Chief Minister of Sindh and Chief Secretary of Sindh. The province is governed by a unicameral legislature with the head of government known as the Chief Minister. The Chief Minister, invariably a leader of a political party represented in the Assembly, selects members of the provincial Cabinet. The terms ''Government of Sindh'' or ''Sindh Government'' are often used in ...
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Geo News
Geo News is a Rank Number 1 Pakistani news channel owned by the Jang Media Group. History The Geo Television Network started out with the launch of its flagship channel Geo TV in October 2002 but has since launched several other channels which include the following: GEO TV Entertainment, GEO News, GEO Kahani, GEO Super (Sports), and GEO Tez (News, Drama & Comedy). Political affiliation Several times the channel was criticised for peddling PPP-P AND PML-N government propaganda. Controversies Criticism and Ban "Geo News" and Geo's Newspaper " The Daily Jang" have been criticised in Pakistan for publishing misleading and unrealistic statistical data, and for content accusing and defaming Pakistan and Pakistan's military, mostly publishing biased content favoring the PDM Government of Pakistan that came into power following Regime Change Operationled by Shahbaz Sharif. Geo has also been denounced for working to publish content against Pakistan's armed forces and most notably, ...
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Karachi Chamber Of Commerce & Industry
The Karachi Chamber of Commerce and Industry (KCCI) is the Chamber of Commerce for Karachi, Pakistan. They aim to improve Pakistan's business environment and economic well-being, especially in Karachi. They seek to provide advocacy and opportunity to their thousands of members. KCCI issues statements to the news media, making recommendations and expressing its views over current economic and financial issues in Karachi anPakistan History The KCCI was formed in 1959 through amalgamation of four existing trade bodies, Pakistan Merchants Association, Buyers and Shippers Chamber, Chamber of Commerce Pakistan, and All Pakistan Chamber of Commerce & Industry.Profile of Karachi Chamber of Commerce & Industry on hamariweb.com website
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State Bank Of Pakistan
The State Bank of Pakistan (SBP) ( ur, ) is the Central Bank of Pakistan. Its Constitution, as originally laid down in the State Bank of Pakistan Order 1948, remained basically unchanged until 1 January 1974, when the bank was Nationalized and the scope of its functions was considerably enlarged. The State Bank of Pakistan Act 1956, with subsequent amendments, forms the basis of its operations today. The headquarters are located in the financial capital of the country in Karachi. The bank has a fully owned subsidiary with the name SBP Banking Services Corporation (SBP-BSC), the operational arm of the Central Bank with Branch Office in 16 cities across Pakistan, including the capital Islamabad and the four Provincial Capitals Lahore, Karachi, Peshawar, Quetta. The State Bank of Pakistan has other fully owned subsidiaries as well: National Institute of Banking and Finance, the training arm of the bank providing training to Commercial Banks, the Deposit Protection Corporation, and ...
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National Bank Of Pakistan
National Bank of Pakistan (NBP) () is a Pakistani government-owned multinational commercial bank which is a subsidiary of State Bank of Pakistan. It is headquartered in Karachi, Pakistan. As of September 2020, it has 1,511 branches across Pakistan with assets of approximately USD 20.2 billion. The bank provides various commercial and public sector banking services, including the debt-equity market, corporate investment banking, retail and consumer banking, agricultural financing, treasury services. In the year 2020, the bank was designated domestic systemically important bank (D-SIB) by the State Bank of Pakistan. History *1949 National Bank of Pakistan (NBP) was established under the National Bank of Pakistan Ordinance of 1949 and was government-owned. NBP acted as an agent of the central bank wherever the State Bank did not have its own branch. It also undertook government treasury operations. Its first branches were in jute growing areas in East Pakistan. Offices in Karachi a ...
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Standard Chartered Pakistan
Standard Chartered Pakistan () is a Pakistani banking and financial services company in Pakistan and is a wholly-owned subsidiary of British multinational bank Standard Chartered. It is Pakistan's oldest and largest foreign commercial bank. It employs over 2,200 people in its 40 branches in 10 cities of Pakistan. History The history of Standard Chartered in Pakistan dates back to 1863, when the Chartered Bank of India, Australia and China first established its operations in Karachi. In 2006, Standard Chartered Bank acquired Pakistan's Union Bank. On 30 December 2006, Standard Chartered merged Union Bank with its own subsidiary, Standard Chartered Bank (Pakistan), to create Pakistan's sixth largest bank. FinCEN Standard Chartered was named in FinCEN leak, published by Buzzfeed News and the International Consortium of Investigative Journalists The International Consortium of Investigative Journalists, Inc. (ICIJ), is an independent global network of 280 investigative ...
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United Bank Limited
United Bank Limited (UBL) () is a Pakistani multinational commercial bank which is a subsidiary of British company Bestway Group. It is based in Karachi, Pakistan. It is one of the largest banks in the Pakistani private sector, with over 1,400 branches across Pakistan, 19 branches overseas, and a customer base exceeding 4 million. The bank has an asset base in excess of $15 billion, a global workforce of almost 13,233 people and a diversified client base covering a broad spectrum of segments and industries across the globe. UBL provides services in wholesale and retail banking through its network of branches and presence across 12 countries in four continents including the UAE, Bahrain, Qatar, Yemen, UK, Switzerland, China, Oman, US, Tanzania, Iran and Pakistan. For the year 2020, UBL was designated domestic systemically important bank (D-SIB) by the State Bank of Pakistan. History Agha Hasan Abedi founded the bank in November 1958 and under his leadership, it became the se ...
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Habib Bank Limited
Habib Bank Limited ( ur, ) abbreviated as HBL, is a Pakistani multinational bank based in Habib Bank Plaza, Karachi, Pakistan. Founded in 1939 by the Habib Family, HBL became Pakistan's first commercial bank. In 1951 it opened its first international branch in Colombo, Sri Lanka. In 1972 the bank moved its headquarters to the Habib Bank Plaza, which became the tallest building in South Asia at the time. The Government nationalized the bank in 1974 and privatized it in 2003; at that time the Aga Khan Fund for Economic Development acquired a controlling share. HBL major shareholding lies with the Aga Khan Fund for Economic Development (AKFED) which is based in Geneva, Switzerland. As of 2018, HBL has 1700+ branches with presence in over 25 countries spanning across four continents. It is the largest company in Pakistan in terms of assets, and has repeatedly ranked top Pakistani company in the Forbes Global 2000. It is also Pakistan’s largest commercial bank, with over 1,700 ...
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Pakistan Stock Exchange
The Pakistan Stock Exchange ( ur, , abbreviated as PSX) is a stock exchange in Pakistan with trading floors in Karachi, Islamabad and Lahore. PSX was classified by MSCI as a frontier market on 8 September 2021. The PSX was established on 11 January 2016 after the merger of the Karachi Stock Exchange, Lahore Stock Exchange and Islamabad Stock Exchange. As of January 2022, there are about 375 companies listed on the PSX with a total market capitalisation of PKR 7,756 billion (US$52 billion). Investors on the exchanges include 1,886 foreign institutional investors and 883 domestic institutional investors along with about 220,000 retail investors. There are also about 400 brokerage houses which are members of the PSX as well as 21 asset management companies. One of the PSX's constituent stock exchanges, the Karachi Stock Exchange, was listed among the world's best performing frontier stock markets: between 2009 and 2015 it delivered an average 26% return annually. In December ...
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Karachi Stock Exchange
The Karachi Stock Exchange ( ur, or PSX-KSE) was a stock exchange located in Karachi, Pakistan. Since 1947, it has been located at the Stock Exchange Building on I. I. Chundrigar Road. It has now been consolidated in the Pakistan Stock Exchange, along with the Lahore Stock Exchange and Islamabad Stock Exchange. The KSE was Pakistan's largest and oldest stock exchange. According to Bloomberg, the Pakistani benchmark stock market index is the third-best performer in the world since 2009. In June 2015, Khaleej Times reported that since 2009, Pakistani equities delivered 26% a year for US dollar investors, making Karachi the top-performing stock exchange in the world. History The Karachi Stock Exchange was established on 18 September 1947, after the arrival of the educated and affluent Muhajirs, and was incorporated as Karachi Stock Exchange Limited on 10 March 1949. The KSE began with 5 companies as ''KSE 50'' with a total market capitalization of . For over 60 years, the KSE ...
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