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Imtiaz Super Market was founded in 1955 by Imtiaz Abbasi as a small superstore in Bahadurabad, Karachi. It has grown to become a leading supermarket chain in Pakistan. [ 6 ] The retailer expanded within Karachi from 2003, 2010, 2013, 2016, and 2018, branching out to various localities, including Awami Markaz, Nazimabad , Defence , Gulshan-e ...
[10] In 2016, German Merck KGaA executed a binding contract to divest its shareholding in Pakistan to Martin Dow Ltd. [ 11 ] [ 12 ] [ 13 ] In 2016, in a €1.5 million deal, Martin Dow acquired the Laboratoires Salem (before 2010 Bristol-Myers Squibb ) pharmaceutical manufacturing facility in Meymac , France.
In line with its status as a major port and the country's largest metropolis, it accounts for most of Pakistan's revenue generation. According to the Pakistan Federal Board of Revenue's 2006-2007 year-book, tax and customs units in Karachi were responsible for 70.75% of direct taxes, 33.65% of federal excise tax, and 23.38% of domestic sales tax. [3]
Karachi: Conglomerate [2] 15: Bestway Cement: Rs. 213.89 billion (US$740 million) Islamabad: Cement [2] 16: Pakistan State Oil: Rs. 206.89 billion (US$720 million) Karachi: Petroleum [2] 17: Standard Chartered Pakistan: Rs. 205.19 billion (US$710 million) Karachi: Banking [2] 18: Systems Limited: Rs. 181.10 billion (US$630 million) Lahore ...
Tests done at the Central Drugs Laboratory in Karachi also verified the presence of pyrimethamine used in certain combinations to treat malaria in a sample of the Isotab tablet (20 mg). The laboratory also declared a batch of Alfagril as substandard. [10] The FIA seized raw materials from a Karachi-based factory of Efroze Chemical Industries.
After the independence of Pakistan in 1947, Saeed, at the age of 29, migrated to Pakistan on 9 January 1948. [4] [3] The following year, he established Hamdard Laboratories Pakistan in the old area of Arambagh, Karachi on a modest scale. Saeed was able to make Hamdard profitable and the leading manufacturer of herbal medicines and products in ...
In 2011, Pakistan's exports of stones, marble, granites to China doubled due to effective marketing strategies developed by TDAP. [4] On a regular basis, TDAP facilitates and encourages Pakistani business community to exhibit their products at all major trade shows in Pakistan including at Karachi Expo Centre and Lahore Expo Center. [5]
Pakistan International Container Terminal (PICT) was established in 2002 on build–operate–transfer basis. [2] It was a joint venture between Premier Mercantile Services and Hamburg Port. [1] The total cost of the project was estimated at $75 million out of which $9.25 million was funded by the International Finance Corporation in form of loans.