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Shahzada Dawood
Shahzada Dawood ( ur, ; 12 February 1975 – 18 June 2023) was a Pakistani businessman, investor, and philanthropist. Dawood and his 19-year-old son, Suleman, died alongside three others when the ''Titan'' submersible imploded during a tourist expedition to view the wreck of the ''Titanic'' on 18 June 2023. Early life and education Dawood was born in Rawalpindi, Pakistan, on 12 February 1975, the son of Hussain Dawood. His sisters were Azmeh Dawood, and Sabrina Dawood, a philanthropist. His brother was Samad Dawood. His paternal grandfather, Ahmed Dawood, was a prominent Memon industrialist who founded the family business, Dawood Group. Shahzada received an LLB from Buckingham University and an MSc in global textile marketing from Philadelphia University (now Thomas Jefferson University). Career Dawood was the vice-chairman of the Engro Corporation, and a director of the Dawood Hercules Corporation. Dawood had been on the board of the Engro Corporation since 2003. He ...
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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 cli ...
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Mergers And Acquisitions
Mergers and acquisitions (M&A) are business transactions in which the ownership of Company, companies, other business organizations, or their operating units are transferred to or Consolidation (business), consolidated with another company or business organization. As an aspect of strategic management, M&A can allow enterprises to grow or Layoff, downsize, and change the nature of their business or competitive position. Technically, a is a legal consolidation of two business entities into one, whereas an occurs when one entity takes ownership of another entity's share capital, equity (finance), equity interests or assets. A deal may be euphemism, euphemistically called a ''merger of equals'' if both Chief executive officer, CEOs agree that joining together is in the best interest of both of their companies. From a legal and financial point of view, both mergers and acquisitions generally result in the consolidation of assets and Liability (financial accounting), liabilities un ...
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Titan (submersible)
''Titan'', previously called ''Cyclops 2'', was a submersible created and operated by underwater exploration company OceanGate. It was the first privately-owned submersible with a claimed maximum depth of , and the first completed crewed submersible with a hull constructed of titanium and carbon fiber composite materials. After testing with dives to its maximum intended depth in 2018 and 2019, the original composite hull of ''Titan'' developed fatigue (material), fatigue damage and was replaced by 2021. In that year, OceanGate began transporting paying customers to the Wreck of the Titanic, wreck of the ''Titanic'', completing several dives to the wreck site in 2021 and 2022. During the submersible’s first 2023 expedition, all five occupants were killed when Titan submersible implosion, the vessel imploded. OceanGate lost contact with ''Titan'' on 18 June and contacted authorities later that day after the submersible was overdue for return. A massive international search and r ...
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Insider (website)
Insider Inc. (formerly Business Insider Inc.) is an American online media company known for publishing the financial news website ''Insider'' (formerly ''Business Insider'') and other news and media websites. It is a subsidiary of the German publisher Axel Springer SE, the largest in Europe. History ''Business Insider'' was founded in 2007 by Henry Blodget and Kevin P. Ryan. In 2013, Jeff Bezos led an effort to raise million for Business Insider Inc. through his investment company Bezos Expeditions. On September 29, 2015, Axel Springer SE announced that it had acquired 88% of the stake in Business Insider Inc. for a reported million ( million). After the purchase, Axel Springer SE held a stake of approximately 97%, and Jeff Bezos held the remaining shares through Bezos Expeditions. As of 2018, Axel Springer owns a 100% stake in Insider Inc. Business Insider Inc.'s name was changed to Insider Inc. in December 2017 as the company planned on becoming a general interest news pu ...
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Maltese Nationality Law
Maltese nationality law details the conditions by which a person is a national of Malta. The primary law governing nationality regulations is the Maltese Citizenship Act, which came into force on 21 September 1964. Malta is a member state of the European Union (EU) and all Maltese nationals are EU citizens. They have automatic and permanent permission to live and work in any EU or European Free Trade Association (EFTA) country and may vote in elections to the European Parliament. All persons born in Malta between 21 September 1964 and 1 August 1989 automatically received citizenship at birth regardless of the nationalities of their parents. Individuals born in the country since that date receive Maltese citizenship at birth if at least one of their parents is a Maltese citizen or was born in Malta. Foreign nationals may become Maltese citizens by naturalisation after meeting a minimum residence requirement (usually five years). Individuals who make a substantial financial in ...
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SETI Institute
The SETI Institute is a not-for-profit research organization incorporated in 1984 whose mission is to explore, understand, and explain the origin and nature of life in the universe, and to use this knowledge to inspire and guide present and future generations, sharing knowledge with the public, the press, and the government. SETI stands for the "search for extraterrestrial intelligence". The institute consists of three primary centers: The Carl Sagan Center, devoted to the study of life in the universe; the Center for Education, focused on astronomy, astrobiology and space science for students and educators; and the Center for Public Outreach, which produces " Big Picture Science", the institute's general science radio show and podcast, and "SETI Talks", its weekly colloquium series. Primary centers Carl Sagan Center The Carl Sagan Center is named in honor of Carl Sagan, former trustee of the institute, astronomer, prolific author and host of the original "Cosmos" television se ...
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Charles III
Charles III (Charles Philip Arthur George; born 14 November 1948) is King of the United Kingdom and the 14 other Commonwealth realms. He was the longest-serving heir apparent and Prince of Wales and, at age 73, became the oldest person to accede to the British throne following the death of his mother, Elizabeth II, on 8 September 2022. Charles was born in Buckingham Palace during the reign of his maternal grandfather, King George VI, and was three when his mother ascended the throne in 1952, making him the heir apparent. He was made Prince of Wales in 1958 and his investiture was held in 1969. He was educated at Cheam and Gordonstoun schools, as was his father, Prince Philip, Duke of Edinburgh. Charles later spent six months at the Timbertop campus of Geelong Grammar School in Victoria, Australia. After earning a Bachelor of Arts degree from the University of Cambridge, Charles served in the Air Force and Navy from 1971 to 1976. In 1981, he married Lady Diana ...
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The Prince's Trust
The Prince's Trust ( cy, Ymddiriedolaeth y Tywysog) is a charity in the United Kingdom founded in 1976 by King Charles III (then Prince of Wales) to help vulnerable young people get their lives on track. It supports 11-to-30-year-olds who are unemployed or struggling at school and at risk of exclusion. Many of the young people helped by the trust face issues such as homelessness, mental health problems, or trouble with the law. It runs a range of training programmes, providing practical and financial support to build young people's confidence and motivation. Each year they work with about 60,000 young people, with three in four moving on to employment, education, volunteering, or training. In 1999, the numerous trust charities were brought together as the Prince's Trust and acknowledged by Queen Elizabeth II at a ceremony in Buckingham Palace where she granted it a royal charter. The following year it devolved in Wales, Scotland, Northern Ireland, and other English regions but ...
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Dawn (newspaper)
''Dawn'' is a Pakistani English language, English-language newspaper that was launched in British Raj, British India in 1941. It is the largest English newspaper in Pakistan, and also serves as the country's newspaper of record. ''Dawn'' is the flagship publication of the Dawn Media Group, which also owns local radio station ''CityFM89'' as well as the marketing and media magazine ''Aurora''. Muhammad Ali Jinnah, Pakistan's founding father, launched the newspaper in Delhi on 26 October 1941, with the goal of establishing it as a mouthpiece for the All-India Muslim League. The first issue was printed at Latifi Press on 12 October 1942. Based in Karachi, it also maintains offices in Lahore and the capital city of Islamabad, in addition to having correspondents abroad. , it has a weekday circulation of over 109,000. The newspaper's current chief editor is Zaffar Abbas. History ''Dawn'' began as a weekly publication, based in New Delhi. Under the instruction of Jinnah, it became t ...
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COVID-19 Pandemic In Pakistan
The COVID-19 pandemic in Pakistan is part of the ongoing pandemic of coronavirus disease 2019 () caused by severe acute respiratory syndrome coronavirus 2 (). The virus was confirmed to have reached Pakistan on 26 February 2020, when two cases were recorded (a student in Karachi who had just returned from Iran and another person in the Islamabad Capital Territory). On 18 March 2020, cases had been registered in all four provinces, the two autonomous territories, and Islamabad Capital Territory, and by 17 June, each district in Pakistan had recorded at least one confirmed case of COVID-19. Despite being the world's 5th-most-populous country, Pakistan only has so far recorded the world's 29th-highest death toll (at approximately 23,087) and 29th-highest number of confirmed cases (at approximately 1,011,708). However, these figures do not include undercounting of COVID-19 infections in the country. Pakistan so far has experienced three different waves of COVID-19. The nat ...
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Hussain Dawood Pledge
The Hussain Dawood Pledge (HD-Pledge) is one of the biggest private donations and initiatives to fight against the COVID-19 pandemic in Pakistan. Hussain Dawood, on behalf of Engro, Dawood Hercules and his family pledged on 2 April 2020 a contribution in services, kind, and cash of Pakistani rupee (PKR) 1 billion (~6 million USD). The contribution became public a day after Prime Minister Imran Khan announced the coronavirus relief fund to fight the pandemic and urged everyone to donate. Purpose & Context Since the outbreak of the Severe acute respiratory syndrome coronavirus 2, coronavirus in 2019 and the first proven case in Pakistan on 26th February 2020, the government initiated measures to prevent the spread. The HD-Pledge was started as an initiative to support various organisations active in the healthcare system and to support measures against the spread of COVID-19 to reduce the impact. Targets With the publication of the pledge, it was announced that the four key ...
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The Dawood Foundation
The Dawood Foundation (TDF) is a not-for-profit family foundation based in Karachi, Pakistan. TDF has been working in Pakistan since the 1960s and has been heavily involved in establishing various formal and informal education institutions across the country. TDF is a civil society organisations for promoting social development certified by the Pakistan Centre for Philanthropy (PCP). History The Dawood Foundation (TDF) was founded in 1960 by Ahmed Dawood. It was envisioned to serve as an educational foundation whose main focus was to support and promote educational initiatives in the fields of science, technology, and research. Board of trustees and leadership The Foundation is governed by a board of trustees, namely Hussain Dawood (Co-Chair), Kulsum Dawood (Co-Chair), Sabrina Dawood (Vice-Chairperson), Shahzada Dawood (Trustee), Samad Dawood (Trustee), Christine Dawood (Trustee), Inam Ur Rehman (Trustee), Shafiq Ahmed (Trustee), and Ghias Khan. TDF operates on a daily bas ...
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