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Bank Alfalah
Bank Alfalah Limited ( ), formerly known as Habib Credit and Exchange Bank, is a Pakistani commercial bank headquartered in Karachi. It is a subsidiary of an Emirati conglomerate, Abu Dhabi United Group. It is one of the largest private banks in Pakistan with a network of more than 890 branches in more than 200 cities across Pakistan with an international presence in Bangladesh, Afghanistan, Bahrain and UAE of 12 branches. The Bank is listed on the Pakistan Stock Exchange. History The roots of the bank go back to the Bank of Credit and Commerce International (BCCI), which had three branches in Pakistan. These were taken over by the State Bank of Pakistan to safeguard consumer interests, under a new identity of Habib Credit and Exchange Bank (HCEB). In July 1997, the Abu Dhabi Group, led by Nahyan bin Mubarak Al Nahyan of Al-Nahyan Group, acquired a 70 percent stake in then Habib Credit & Exchange Bank (HCEB), a subsidiary of state-owned bank Habib Bank Limited. The Privati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nahyan Bin Mubarak Al Nahyan
Sheikh Nahyan bin Mubarak Al Nahyan (; born 1951) is an Emirati royal and politician, who currently serves as the minister of tolerance of the United Arab Emirates. Al Nahyan previously served as the minister of culture and the minister of higher education. Early life and education He is the son of Mubarak bin Mohammed Al Nahyan, grandson of Mohammad bin Khalifa bin Zayed Al Nahyan, great-grandson of Khalifa bin Zayed bin Khalifa Al Nahyan, and great-great-grandson of Zayed bin Khalifa Al Nahyan. Hamdan bin Mubarak Al Nahyan, Minister of Public Works, is his brother. Career Sheikh Nahyan was also the chancellor of two of the UAE's three government-sponsored institutions of higher learning: United Arab Emirates University, established in 1976, and the Higher Colleges of Technology, established in 1988; and president of the third, Zayed University, established in 1998 until removed from these positions in April 2013. Prior to 12 March 2013, he headed the Ministry of Highe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pakistan–United Arab Emirates Relations
Pakistan–United Arab Emirates relations refer to bilateral relations between the Islamic Republic of Pakistan and the United Arab Emirates. These relations date back to 1971. Both countries' populations are majorly Muslim and both are members of the Organization of Islamic Cooperation. There is a significant Pakistani community that resides in the UAE. In 2017, over 1.5 million Pakistanis lived in the UAE. History After the British residency in the Trucial States ended, Pakistan called for the UAE the successor of the Trucial States to include Bahrain and Qatar as states of the United Arab Emirates, this however never materialised and relations with the United Arab Emirates were established in 1971. The UAE's founding father and first president Sheikh Zayed bin Sultan Al Nahyan made multiple visits to Pakistan and considered it to be his second home. In 1985, Pakistan International Airlines (PIA), helped Emirate of Dubai found its new airline, Emirates. PIA provided technica ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pakistani Subsidiaries Of Foreign Companies
Pakistanis (, ) are the Pakistani nationality law, citizens and nationals of the Pakistan, Islamic Republic of Pakistan. Pakistan is the List of countries and dependencies by population, fifth-most populous country, with a population of over 241.5 million, having the Islam by country#Countries, second-largest Muslim population as of 2023. As much as 85-90% of the population follows Sunni Islam. A majority of around 97% of Pakistanis are Muslims. The majority of Pakistanis natively speak languages belonging to the Indo-Iranian languages, Indo-Iranic family (Indo-Aryan languages, Indo-Aryan and Iranian languages, Iranic subfamilies). Located in South Asia, the country is also the source of a Pakistani diaspora, significantly large diaspora, most of whom reside in the Arab states of the Persian Gulf, Arab countries of the Persian Gulf, with an estimated population of 4.7 million. The second-largest Pakistani diaspora resides throughout both Northwestern Europe and Western Europ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 1997
A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of Bank regulation, regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure accounting liquidity, liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies In The KSE 100 Index
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporation pu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Listed On The Pakistan Stock Exchange
A company, abbreviated as co., is a Legal personality, legal entity representing an association of legal people, whether Natural person, natural, Juridical person, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the State (polity), state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * List of legal entity types by country, business entities, whose aim is to generate sales, revenue, and For-profit, profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Karachi
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporation pu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Of Pakistan
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ancien ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Consortium Of Investigative Journalists
The International Consortium of Investigative Journalists, Inc. (ICIJ), is an independent global network of 280 investigative journalists and over 140 media organizations spanning more than 100 countries. It is based in Washington, D.C., with personnel in Australia, France, Spain, Hungary, Serbia, Belgium and Ireland. The ICIJ was launched in 1997 by American journalist Charles Lewis as an initiative of the Center for Public Integrity, with the aim of exposing international crime and corruption. In 2017, it became a fully independent organization and was later granted 501(c)(3) nonprofit status. The Panama Papers were the result of a collaboration with the German newspaper ' and more than 100 other media partners, with journalists spending a year sifting through 11.5 million leaked files from the Panama-based law firm Mossack Fonseca. It culminated in a partial release on 3 April 2016, garnering global media attention. The set of confidential financial and legal document ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BuzzFeed News
''BuzzFeed News'' was an American news website published by BuzzFeed beginning in 2011. It ceased posting new hard news content in May 2023. It published a number of high-profile scoops, including the Steele dossier, for which it was strongly criticized, and the FinCEN Files. It won the George Polk Award, The Sidney Award, the National Magazine Award, the National Press Foundation award, and the Pulitzer Prize for International Reporting. On April 20, 2023, BuzzFeed CEO Jonah Peretti announced that BuzzFeed News would be gradually shut down as part of company-wide layoffs. BuzzFeed, Inc. refocused its news efforts on '' HuffPost'', which the company had acquired in 2020. ''BuzzFeed News'' discontinued adding new content on May 5, 2023. As of , there continue to be new celebrity gossip articles being posted to the "buzzfeednews.com" domain. History ''BuzzFeed News'' began as a division of BuzzFeed in December 2011 with the appointment of Ben Smith from '' Politico' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
