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Karachi: Petroleum [2] 4: United Bank Limited: Rs. 467.92 billion (US$1.6 billion) Karachi: Banking [2] 5: Fauji Fertilizer Company: Rs. 466.05 billion (US$1.6 billion) Rawalpindi: Fertilizer [2] 6: Meezan Bank: Rs. 433.43 billion (US$1.5 billion) Karachi: Banking [2] 7: Colgate-Palmolive Pakistan: Rs. 364.96 billion (US$1.3 billion) Karachi ...
Central Depository Company of Pakistan (CDC) is a Pakistani central securities depository company which provides services for equity, debt and other financial instruments. [2] It is based in Karachi, Pakistan. [3] CDC is regulated by the Securities and Exchange Commission of Pakistan. [4] The current CEO is Badiuddin Akber. [4]
In all, the corporation employs 632 members, according to the official website of TCP, including 478 staffers. [ 14 ] [ 15 ] In 2016, The Express Tribune , a major daily English-language newspaper based in Pakistan, reported that the Trading Corporation is one of the highest paid government departments in the country.
Karachi is now Pakistan's premier industrial and financial centre. The city has a formal economy estimated to be worth $190 billion as of 2021, which is the largest in the country. [36] [37] Karachi collects 35% of Pakistan's tax revenue, [38] and generates approximately 25% of Pakistan's entire GDP.
Karachi is home to some of Pakistan's important cultural institutions. The National Academy of Performing Arts [ 27 ] is located in the newly renovated Hindu Gymkhana . The All Pakistan Music Conference , linked to the 45-year-old similar institution in Lahore , has been holding its Annual Music Festival since its inception in 2004.
AKD Group was founded in 1947 by Abdul Karim Dhedhi, father of the current chairman. [1] It began business in 1973 as a brokerage house before expanding into investment banking and mutual funds. [2]
The Trade Development Authority of Pakistan (TDAP) (Urdu: مقتدرہ ترقی تجارت پاکستان), is an organisation under the Ministry of Commerce and Textile Industry of the Government of Pakistan. It facilitates and promotes international trade of Pakistan. The current Chief Executive of TDAP is Mr. Muhammad Zubair Motiwala. [1] [2]
In 1965, Y. M. Khan became the first Pakistani chairman of ICI Pakistan at the age of 38. [3] During Khan's leadership, ICI Pakistan focused on industrial expansion, establishing a textile auxiliaries plant in Karachi, a pharmaceutical factory in Narayanganj in East Pakistan, and acquired the Fuller Paints factory in Lahore which was later renamed as Paintex.