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The SEM operates two markets: the Official Market and the Development & Enterprise Market (DEM). There are 40 companies listed on the Official Market representing a Market Capitalization of nearly US$ 5.3 billion, the DEM presently has 48 companies listed with a market capitalisation of nearly US$ 1.5 billion as at 31 July 2012.
Location of Mauritius. Mauritius is an island nation in the Indian Ocean about 2,000 kilometres (1,200 mi) off the southeast coast of the African continent. Since independence in 1968, Mauritius has developed from a low-income, agriculture-based economy to a middle-income diversified economy.
FMBCapital Holdings Plc, also referred to as First Capital Bank Group, is a financial services holding company based in Mauritius. It operates commercial banks in the Southern African countries of Botswana , Malawi , Mozambique , Zambia and Zimbabwe , which trade as First Capital Bank .
Flacq (Mauritian Creole pronunciation:) is a district of Mauritius, situated in the east of the island. It is the largest district, with an area of 297.9 km². The population estimate is 138,221 (31 December 2022). [2]
In February 2004, Government of Pakistan handed over management control of Habib Bank to AKFED. The Board of Directors was reconstituted to have four AKFED nominees, including the Chairman and the President/CEO, and three Government of Pakistan nominees. [13] In 2013, the bank acquired Citibank Pakistan consumer business for Rs. 2 billion. [14]
After the death of Hamid D. Habib in May 2000, Ali Raza D. Habib, who was Director on the Board, was appointed the Chairman of the Bank. Rashid D. Habib, who was the managing director of Habib Bank Limited from 1953 until its nationalisation, was appointed as the managing director and chief executive of Bank AL Habib Limited until he died in 1994.
He started trading at Karachi Stock Exchange (KSE) in 1976. In 1984, he built his own office in Karachi Stock Exchange. He became a stokebroker in 1986. He served on the board of the KSE in 1996, 1997, 1999 and 2001. In November 2013, Aqeel Karim Dhedhi laid down the foundation stone of new building of Karachi Stock Exchange (KSE). [3]
The economy of Mauritius is a mixed developing economy based on agriculture, exports, financial services, and tourism. [14] Since the 1980s, the government of Mauritius has sought to diversify the country's economy beyond its dependence on just agriculture, particularly sugar production.