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Azizi Bank
Azizi Bank is one of the largest commercial banks in Afghanistan. It has 56 branches including extension counters and around 88 automated teller machines across Afghanistan. The bank opened on June 13, 2006, and is headquartered in the Wazir Akbar Khan neighborhood of Kabul, Afghanistan. Mirwais Azizi is the founder and chairman of the bank. Azizi Bank currently has around 1,326 employees, 12% of whom are females. During the 2021 Taliban offensive, some members of the Taliban escorted female employees of Azizi Bank in Kandahar and ordered them not to return to work. Farhad Azizi Farhad Azizi is a UAE based businessman, billionaire, investor, entrepreneur and the CEO of Azizi developments. He is the chairman of Azizi Bank, one of the largest commercial banks in Afghanistan, which he established in 2006 with $7.5 million in equity capital and has since reached up to $80 million. He is the CEO of Azizi Group of companies which was founded in 1989 with a presence in realty, bankin ...
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Private Bank
Private banks are banks owned by either the individual or a general partner(s) with limited partner(s). Private banks are not incorporated. In any such case, creditors can look to both the "entirety of the bank's assets" as well as the entirety of the sole-proprietor's/general-partners' assets. Private banks have a long tradition in Switzerland, dating back to at least the Revocation of the Edict of Nantes (1685). Private banks also have a long tradition in the UK where C. Hoare & Co. has been in business since 1672. Notable private banks This list contains two types of banks: * Unincorporated banks owned by either an individual or a general partner(s) with limited partner(s). * Incorporated banks specialized in wealth management for high-net-worth individuals. China * Bank of Communications, founded in 1908 * China Merchants Bank France * Compagnie Financière Edmond de Rothschild, Paris, founded in 1953; a member of Edmond de Rothschild Group * Société Géné ...
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Billionaire
A billionaire is a person with a net worth of at least 1,000,000,000, one billion units of a given currency, usually of a major currency such as the United States dollar, euro, or pound sterling. It is a sub-category of the concept of the ultra high-net-worth individual. The American business magazine ''Forbes'' produces The World's Billionaires, a global list of known U.S. dollar billionaires every year and updates an internet version of this list in real time. The American oil magnate John D. Rockefeller became the world's first confirmed U.S. dollar billionaire in 1916. there are 2,781 billionaires worldwide, with a combined wealth of over US$14.2 trillion, up from in 2023. According to a 2024 Oxfam report, the world's We are the 99%, top 1% of earners own more combined wealth "than 95% of humanity", and also stated that the world's top 1% of earners also owned 43% of all global Financial asset, financial assets. As of October 2024, seventeen people have reached the statu ...
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Time (magazine)
''Time'' (stylized in all caps as ''TIME'') is an American news magazine based in New York City. It was published Weekly newspaper, weekly for nearly a century. Starting in March 2020, it transitioned to every other week. It was first published in New York City on March 3, 1923, and for many years it was run by its influential co-founder, Henry Luce. A European edition (''Time Europe'', formerly known as ''Time Atlantic'') is published in London and also covers the Middle East, Africa, and, since 2003, Latin America. An Asian edition (''Time Asia'') is based in Hong Kong. The South Pacific edition, which covers Australia, New Zealand, and the Pacific Islands, is based in Sydney. Since 2018, ''Time'' has been owned by Salesforce founder Marc Benioff, who acquired it from Meredith Corporation. Benioff currently publishes the magazine through the company Time USA, LLC. History 20th century ''Time'' has been based in New York City since its first issue published on March 3, 1923 ...
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List Of Companies Of Afghanistan
Afghanistan is a landlocked country located within South Asia and Central Asia. Afghanistan is a developing country. , the nation's GDP stands at about $60.58 billion with an exchange rate of $20.31 billion, and the GDP per capita is $1,900. The country's exports totaled $2.7 billion in 2012. Its unemployment rate was reported in 2008 at about 35%. According to a 2009 report, about 42% of the population lives on less than $1 a day. The nation has less than $1.5 billion in external debt. The Afghan economy has been growing at about 10% per year in the last decade, which is due to the infusion of over $50 billion in international aid and remittances from Afghan expats. It is also due to improvements made to the transportation system and agricultural production, which is the backbone of the nation's economy. Notable firms This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxo ...
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Gulf News
''Gulf News'' is a daily English language newspaper published from Dubai, United Arab Emirates. First launched in 1978, it is distributed throughout the UAE and also in other Persian Gulf countries. Its online edition was launched in 1996. Through its owner Al Nisr Publishing, it is a subsidiary of the Al Tayer Group, which is chaired by UAE Finance Minister Obaid Al Tayer. History and profile ''Gulf News'' was first launched in tabloid format on 30 September 1978, but struggled in its early years. In November 1984, three UAE businessmen purchased the company and formed Al Nisr Publishing. The new owners of the paper were Obaid Humaid Al Tayer, Abdullah Al Rostamani and Juma Al Majid. With the death of Abdullah Al Rostamani in 2006, his position on the board is held by a family nominee while the other directors remain. Under new ownership, ''Gulf News'' was relaunched on 10 December 1985 and was free to the public. From February 1986, the public was charged one dirham (US ...
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Dubai Housing Crash In 2009
2009 Dubai housing crash was a major economic crisis that hit the Emirate of Dubai, one of the seven emirates that make up the United Arab Emirates (UAE). The crisis was sparked by the 2008 financial crisis, which severely impacted Dubai's economy, particularly its real estate sector. The crisis was caused by several factors, including oversupply, speculation, and easy credit. Background In 2006-2007 Dubai's economy was actively developing, driven largely by its real estate and construction industries. The government of Dubai had invested heavily in infrastructure projects, such as the Palm Jumeirah and the Burj Khalifa, the tallest building in the world. In addition, Dubai had become a hub for international business and tourism. However, the 2008 financial crisis had a severe impact on Dubai's economy. House prices in the Desert Sheikh fell an incredible 40% in the first three months of 2009, outpacing the fall anywhere else in the world after the investment bubble burst. The c ...
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2008 Financial Crisis
The 2008 financial crisis, also known as the global financial crisis (GFC), was a major worldwide financial crisis centered in the United States. The causes of the 2008 crisis included excessive speculation on housing values by both homeowners and financial institutions that led to the 2000s United States housing bubble, exacerbated by predatory lending for subprime mortgages and deficiencies in regulation. Cash out refinancings had fueled an increase in consumption that could no longer be sustained when home prices declined. The first phase of the crisis was the subprime mortgage crisis, which began in early 2007, as mortgage-backed securities (MBS) tied to U.S. real estate, and a vast web of Derivative (finance), derivatives linked to those MBS, collapsed in value. A liquidity crisis spread to global institutions by mid-2007 and climaxed with the bankruptcy of Lehman Brothers in September 2008, which triggered a stock market crash and bank runs in several countries. The crisis ...
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TOLOnews
Tolo News (Dari and Pashto: ), stylized TOLOnews, is an Afghan news channel and website broadcasting from Kabul. Owned by the Moby Media Group, it was launched in August 2010 as Afghanistan's first twenty-four hour news channel. TOLOnews is available on terrestrial television across Afghanistan, as well as internationally via satellite and the internet. Its news bulletins are also published online, and are available in Dari, Pashto, and English. Its main studio is in Kabul, and its sister TV channels are TOLO and Lemar. History TOLOnews was launched in August 2010 as a sister channel to TOLO TV, dedicated solely to local, national, and international news. As of August 2021, its owner is Afghan Australian businessman Saad Mohseni, while Lotfullah Najafizada served as director news from 2010 until 2021. For his work on the channel, Najafizada was named a Press Freedom Hero by Reporters Without Borders in 2016. Following the fall of Kabul on 15 August 2021 and the establis ...
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Arabian Business
''Arabian Business'' (''AB'') is a weekly business magazine published in Dubai and focusing on global and regional news analysis. The brand is aimed at the English and Arabic-speaking communities and is published in both languages. Its circulation figures for October–December 2007 were given as 20,468 copies. The audited circulation of the weekly was 23,016 copies for the last six months of 2011. For the period of July – December 2012 the audited circulation of the weekly was 23,352 copies. According to Similar web, website accesses as of 2024 were more than a million per month. Controversy In 2017, the online and print version of the magazine was suspended for a month in the UAE by Dubai authorities over false news allegations after it published a report stating that courts in Dubai were in the process of liquidating dozens of failed real estate projects. As the article was published during the Qatar diplomatic crisis, the report was picked up by publications in Qa ...
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Global Finance (magazine)
''Global Finance'' is an English-language monthly financial magazine. The magazine was founded in 1987 by a team consisting of Joseph D. Giarraputo, the founder and former publisher of '' Venture'', Carl G. Burgen, Stephan Spahn, H. Allen Fernald, and Paolo Panerai. The magazine covers the topic of financial globalization and targets Chairmen, CEOs, Presidents, CFOs, Treasurers, and other financial officers. The magazine is circulated in 158 countries and has 50,050 subscribers and recipients worldwide, BPA Worldwide certified. Global Finance Media, Inc.'s majority shareholder is Class Editori Group SpA, an Italian publishing company that produces two financial newspapers, lifestyle magazines, news agencies, digital televisions, etc. Joseph D. Giarraputo is the second-largest shareholder. ''Global Finance'' has offices in New York, London, Milan, and Rio de Janeiro. Features ''Global Finance'' covers topics related to the international finance industry, including corpo ...
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Deseret News
The ''Deseret News'' () is a multi-platform newspaper based in Salt Lake City, published by Deseret News Publishing Company, a subsidiary of Deseret Management Corporation, which is owned by the Church of Jesus Christ of Latter-day Saints (LDS Church). Founded in 1850, it was the first newspaper to be published in Utah. The publication's name is from the geographic area of State of Deseret, Deseret identified by Utah's Mormon pioneers, pioneer settlers, and much of the publication's reporting is rooted in that region. On January 1, 2021, the newspaper switched from a daily to a weekly print format while continuing to publish daily on the website and Deseret News app. As of 2024, ''Deseret News'' develops daily content for its website and apps, in addition to twice weekly print editions of the ''Deseret News'' Local Edition and a weekly edition of the ''Church News'' and ''Deseret News'' National Edition. The company also publishes 10 editions of ''Deseret Magazine'' per year. F ...
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The National (Abu Dhabi)
''The National'' is a UAE state-owned English-language daily newspaper published in Abu Dhabi, United Arab Emirates. According to the ''Financial Times'', the newspaper "is seen as a mouthpiece for Abu Dhabi's worldview." The newspaper toes the government line and self-censors on issues considered objectionable by the government. The newspaper is owned by Sheikh Mansour bin Zayed Al Nahyan, Vice President of the United Arab Emirates, which is ruled by his brother, Mohamed bin Zayed Al Nahyan, Mohammed bin Zayed al-Nahyan. History and profile ''The National'' was first published on 17 April 2008 by Abu Dhabi Media. The government-owned media company ran the newspaper along with other publications, including ''Al-Ittihad (Emirati newspaper), Al-Ittihad'', ''Majid (comics), Majid'', ''Zahrat Al Khaleej'' and ''National Geographic Al Arabiya'' (in partnership with ''National Geographic''). In 2016, ''The National'' was acquired by International Media Investments, a subsidiary of t ...
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