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Bank Islami is the joint venture project of three groups namely Jahangir Siddiqui & Co. Pakistan, Randeree family, & Dubai Bank. The State Bank of Pakistan issued a No Objection Certificate on 19 August 2004 and Bank Islami Pakistan Limited, the second full-fledge Islamic commercial bank in Pakistan, was incorporated on 18 October 2004 in ...
The automotive industry in Pakistan is one of the smallest but fastest-growing industries in the country, growing by 171% between 2014 and 2018. It accounts for 3% of Pakistan's GDP and employed a workforce of over 3.5 million people as of 2018. Pakistan is the 23rd largest producer of automobiles. Its contribution to the national exchequer is ...
AKD Group was founded in 1947 by Abdul Karim Dhedhi, father of the current chairman. [8] It began business in 1973 as a brokerage house before expanding into investment banking and mutual funds. [9] The group also sponsors sporting events as part of its Corporate Social Responsibility (CSR). In 2007, the group explored investing in four coal ...
Fauji Foundation ( Urdu: فوجی فاؤنڈیشن ), (lit. Soldier Foundation ), (also known as Fauji Group) is a Pakistani conglomerates company which is active in fertilizer, cement, food, power generation, gas exploration, LPG marketing and distribution, financial services, and security services. The word "Fauji" ( "فوجی") is an Arabic ...
Engro Fertilizers was demerged from the parent company Engro Corporation in 2010. [1] [2] In June 2011, Engro commissioned the Enven plant at a cost of $1.1 billion. [3] [4] It was built under the 2001 Fertilizer Policy of Pakistan in which the Government of Pakistan guaranteed gas supply at a reduced rate for ten years.
Industrial Development Bank of Pakistan (IDBP) is one of Pakistan's oldest development financing institutions and was created with the primary objective of extending term finance for investment in the manufacturing sector of the economy. Over the years, however, the Bank has become an institution fostering the growth of Small and Medium ...
Pakistan State Oil has been a member of the World Economic Forum since 2003. Its primary listing is on the Pakistan Stock Exchange. The State-owned Pakistan State Oil Co. has 3,500 petrol pumps. Where as Cnergyico has 982 petrol pumps, Total Parco Pakistan Ltd. has 800 petrol pumps and Shell Pakistan Ltd. has 766 petrol pumps.
Fauji Fertilizer Company Limited (FFC) is the largest urea manufacturer in Pakistan. It was incorporated in 1978 as a joint venture between Fauji Foundation (a leading charitable trust in Pakistan) and Haldor Topsoe of Denmark. The first urea complex was commissioned in 1982 in Sadiqabad, Punjab. To keep up with the Urea demand in the country ...