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UAE-Bangladesh Investment Company Limited
UAE-Bangladesh Investment Company Limited (UBICO) is financial institution owned by the Government of Bangladesh and the Abu Dhabi Fund for Development. Mr. M. M. Mostafa Bilal is the Managing Director of UAE-Bangladesh Investment Company Limited. History United Arab Emirates led by Zayed bin Sultan Al Nahyan signed an agreement with Bangladesh to establish UAE-Bangladesh Investment Company Limited in 1986. The company became operational in 1987 with 60 percent share owned by Abu Dhabi Fund for Development and the rest by the government of Bangladesh. UAE-Bangladesh Investment Company Limited received permission from Bangladesh Bank in 1995 to operate as a financial institution. In 2003, SM Akbar was appointed Managing Director of UAE-Bangladesh Investment Company Limited. UBICO gave 6.31 million taka in dividends in 2005. UBICO declared a four percent dividend for shareholders for the year 2006; the majority of the investments was in the garments industry and the healthcare ind ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dhaka
Dhaka ( or ; bn, ঢাকা, Ḍhākā, ), formerly known as Dacca, is the capital and largest city of Bangladesh, as well as the world's largest Bengali-speaking city. It is the eighth largest and sixth most densely populated city in the world with a population of 8.9 million residents as of 2011, and a population of over 21.7 million residents in the Greater Dhaka Area. According to a Demographia survey, Dhaka has the most densely populated built-up urban area in the world, and is popularly described as such in the news media. Dhaka is one of the major cities of South Asia and a major global Muslim-majority city. Dhaka ranks 39th in the world and 3rd in South Asia in terms of urban GDP. As part of the Bengal delta, the city is bounded by the Buriganga River, Turag River, Dhaleshwari River and Shitalakshya River. The area of Dhaka has been inhabited since the first millennium. An early modern city developed from the 17th century as a provincial capit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bangladesh
Bangladesh (}, ), officially the People's Republic of Bangladesh, is a country in South Asia. It is the List of countries and dependencies by population, eighth-most populous country in the world, with a population exceeding 165 million people in an area of . Bangladesh is among the List of countries and dependencies by population density, most densely populated countries in the world, and shares land borders with India to the west, north, and east, and Myanmar to the southeast; to the south it has a coastline along the Bay of Bengal. It is narrowly separated from Bhutan and Nepal by the Siliguri Corridor; and from China by the Indian state of Sikkim in the north. Dhaka, the capital and list of cities and towns in Bangladesh, largest city, is the nation's political, financial and cultural centre. Chittagong, the second-largest city, is the busiest port on the Bay of Bengal. The official language is Bengali language, Bengali, one of the easternmost branches of the Indo-Europe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Abu Dhabi Fund For Development
The Abu Dhabi Fund for Development (ADFD) is a foreign aid agency established by the government of Abu Dhabi in 1971. The fund provides concessionary loans to fund economic and social development projects. The fund also invests in order to expand and strengthen the private sector economies of its clients. History ADFD was established in 1971 in order to manage the foreign aid programs of the United Arab Emirates. Since its founding until 2014, the fund disbursed AED22.5 billion in loans and AED39.8 billion in grants. Grants are funded by the government of Abu Dhabi but managed by the ADFD. Leadership Mansour bin Zayed Nahyan Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, is ADFD's chairman. Sheikh Mansour is also the chairman of the Emirates Investment Authority (the sole sovereign wealth fund of the United Arab Emirates federal government), the Abu Dhabi Judicial Department, the Abu Dhabi Food Control Authority, the National A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Arab Emirates
The United Arab Emirates (UAE; ar, اَلْإِمَارَات الْعَرَبِيَة الْمُتَحِدَة ), or simply the Emirates ( ar, الِْإمَارَات ), is a country in Western Asia ( The Middle East). It is located at the eastern end of the Arabian Peninsula and shares borders with Oman and Saudi Arabia, while having maritime borders in the Persian Gulf with Qatar and Iran. Abu Dhabi is the nation's capital, while Dubai, the most populous city, is an international hub. The United Arab Emirates is an elective monarchy formed from a federation of seven emirates, consisting of Abu Dhabi (the capital), Ajman, Dubai, Fujairah, Ras Al Khaimah, Sharjah and Umm Al Quwain. Each emirate is governed by an emir and together the emirs form the Federal Supreme Council. The members of the Federal Supreme Council elect a president and vice president from among their members. In practice, the emir of Abu Dhabi serves as president while the ruler of Dub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zayed Bin Sultan Al Nahyan
Sheikh Zayed bin Sultan Al Nahyan ( ar, زَايِد بِن سُلْطَان آل نَهْيَان, Zāyed bin Sulṭān Āl Nahyān; 6 May 1918 – 2 November 2004) was an Emirati politician, statesman, and philanthropist who served as the first president of the United Arab Emirates (UAE) from 1971 until his death in 2004. He is credited as the founding father and the principal driving force behind the formation of the UAE, uniting seven emirates. He was also the ruler of Abu Dhabi from 1966 until his death. Zayed replaced his older brother Sheikh Shakhbut bin Sultan as the ruler of Abu Dhabi on 6 August 1966 after Shakhbut was deposed through a bloodless coup by members of the ruling family with British support. Family and early life Zayed was the youngest of four sons of Sheikh Sultan bin Khalifa Al Nahyan. His father was the ruler of Abu Dhabi from 1922 until his death in 1926. Zayed was the youngest of his four brothers. His eldest brother, Sheikh Shakhbut ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bangladesh Bank
Bangladesh Bank ( bn, বাংলাদেশ ব্যাংক) is the central bank of Bangladesh and is a member of the Asian Clearing Union. It is fully owned by the Government of Bangladesh. The bank is active in developing green banking and financial inclusion policy and is an important member of the Alliance for Financial Inclusion. Bangladesh Financial Intelligence Unit (BFIU), a department of Bangladesh Bank, has got the membership of Egmont Group of Financial Intelligence Units. Bangladesh Bank is the first central bank in the world to introduce a dedicated hotline (16236) for people to complain about any banking-related problem. Moreover, the organisation is the first central bank in the world to issue a "Green Banking Policy". To acknowledge this contribution, then-governor Dr. Atiur Rahman was given the title 'Green Governor' at the 2012 United Nations Climate Change Conference, held at the Qatar National Convention Centre in Doha. History On 7 April 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Infrastructure Development Company Limited
Infrastructure Development Company Limited is a government owned specialised non-bank financial institution that finances renewable infrastructure projects in Bangladesh and is located in Dhaka, Bangladesh Bangladesh (}, ), officially the People's Republic of Bangladesh, is a country in South Asia. It is the List of countries and dependencies by population, eighth-most populous country in the world, with a population exceeding 165 million pe .... In 2016, it was awarded the United Nations Momentum for Change Award. History Infrastructure Development Company Limited was established on 14 May 1997 by the Government of Bangladesh. It also finances organizations who distribute solar panels in Bangladesh. The company was licensed by the Bangladesh Bank as a non-bank financial institution on 5 January 1998. Since its inception, it has played a major role in bridging the financing gap for developing medium to large-scale infrastructure and renewable energy projects in Bangla ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saudi-Bangladesh Industrial And Agricultural Investment Company Limited
Saudi-Bangladesh Industrial and Agricultural Investment Company Limited is an investment and finance company owned by the government of Bangladesh and the government of Saudi Arabia. History In 1984, the Government of Bangladesh and the Government of Saudi Arabia signed an agreement to establish Saudi-Bangladesh Industrial and Agricultural Investment Company Limited. On 24 June 1984, it was incorporated in Bangladesh. Bangladesh Bank classified 31. 46% of the outstanding loans of Saudi-Bangladesh Industrial and Agricultural Investment Company Limited as classified in 2007. It was part of a syndicate of 12 financial institutions that provided 1.01 billion taka to RanksTel, a concern of the Rangs Group. It owns 20 percent of the shares of CMC-Kamal Textile Mills which is a concern of the Lotus-Kamal Group owned by Mustafa Kamal, the former Minister of Panning and the Minister of Finance. It was a part of a syndicated loan of 1.26 billion taka provided to Esquire Group. In 201 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Abul Maal Abdul Muhith
Abul Maal Abdul Muhith (25 January 1934 – 30 April 2022) was a Bangladeshi economist, writer, civil servant, secretary, diplomat and politician. He served as the Finance Minister of the government of Bangladesh from January 2009 until January 2019. Early life and education Muhith was born on 25 January 1934, to a Bengali Muslim political family in Sylhet. His father, Abu Ahmad Abdul Hafiz, a judge in profession, was one of the founders of the Sylhet branch of the All-India Muslim League and took part in the Pakistan Movement. His mother, Syeda Shahar Banu, was one of the leading women of the Bengali language movement. He was the third child in a family of fourteen children. His younger brother is AK Abdul Momen, the incumbent Minister of Foreign Affairs for Bangladesh, and his sister is Shahla Khatun, a physician and National Professor of Bangladesh. Muhith passed the matriculation exam from Sylhet Government Pilot High School in 1949. He secured first place in his Inter ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank And Financial Institutions Division
The Financial Institutions Division () is a Bangladesh government The Cabinet of Bangladesh ( bn, বাংলাদেশের মন্ত্রিসভা) is the chief executive body of the People's Republic of Bangladesh. The cabinet is the collective decision-making body of the entire government under ... division under the Ministry of Finance responsible for managing all state owned banks, financial institutions, and stock exchanges. Md. Sheikh Mohammad Salim Ullah is the head of the division. History Financial Institutions Division on 8 June 2010 by taking over some of the responsibilities of the Finance Division. References 2010 establishments in Bangladesh Organisations based in Dhaka Government agencies of Bangladesh Government departments of Bangladesh {{Bangladesh-org-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of Finance (Bangladesh)
The Ministry of Finance ( bn, অর্থ মন্ত্রণালয়; ''Artho Montronaloya'') is a ministry of Bangladesh. The ministry is responsible for state finance, including the state budget, taxation and economic policy in Bangladesh. It is led by the Finance Minister of Bangladesh. The department must report to the Parliament of Bangladesh. It contains four divisions: * Finance Division *Economic Relations Division *Internal Resources Division *Bank and Financial Institutions Division Directorate i) Finance Division: * Office of the Controller General of Accounts * Investment Corporation of Bangladesh * The Security Printing Corporation (Bangladesh) Ltd. * Financial Management Reform Program * Comptroller and Auditor General of Bangladesh * Bangladesh House Building Finance Corporation * Pay and Services Commission 2013 * National Savings Certificate (Bangladesh) ii) Economic Relations Division iii) Internal Resources Division * Bangladesh Customs * Chittagon ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chittagong Urea Fertilizer Limited
Chittagong Urea Fertilizer Limited is a urea fertilizer company in Chittagong and is owned by the state owned Bangladesh Chemical Industries Corporation. History Chittagong Urea Fertilizer Limited was built in 1987 in Rangadia, Anwara Upazila, Chittagong District, Bangladesh. It was built by the Japanese Toyo Engineering Corporation. The factory has a capacity to produce 1700 tonnes of urea and 1000 tonnes of ammonia per day. On 31 January 2015, the factory was closed by the government of Bangladesh after the reactor and cooling tower were damaged. The contract for the repair work was given to AXO Welding, an Italian company. The factory was reopened on 7 July 2017 after 400 million taka was spent on repairs. The gas to the factory was supplied by Karnaphuli Gas Distribution Company Limited. Production was suspended again on 22 December 2017 due to gas shortages and resumed on 13 September 2018, in part due to liquefied natural gas. The factory is closed during summer to divert ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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