#Malik Riaz Hussain

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Top Ten Richest Person of Pakistan

If you're curious about the wealthiest individuals in Pakistan for 2024, you've come to the right place. This article highlights the Top Ten Richest Persons of Pakistan, showcasing their impressive net worths, sources of wealth, and contributions to their fields. These individuals are not only prominent figures in the business and political arenas but are also renowned for their significant influence and status in Pakistan.

10. Malik Riaz Hussain

Net Worth: 3000 Billion Rupees Source of Income: Property Investment

Malik Riaz Hussain stands as one of the most influential figures in Pakistan. Born on February 8, 1954, in Rawalpindi, Hussain is a business tycoon and billionaire. He is the founder and chairman of Bahria Town, Asia’s largest privately-owned real estate development company. Hussain’s dedication to real estate has placed him among the Top Ten Richest Persons of Pakistan, with a staggering net worth of 3000 billion Rupees.

9. Mian Muhammad Nawaz Sharif

Net Worth: Undisclosed Source of Income: Politics, Business

Mian Muhammad Nawaz Sharif, born December 25, 1949, in Lahore, is a seasoned politician and businessman. He has served as the Prime Minister of Pakistan on three separate occasions and has held the position of Chief Minister of Punjab twice. Sharif's wealth is attributed to his extensive business interests and political career, making him a significant figure among the Top Ten Richest Persons of Pakistan.

8. Asif Ali Zardari

Net Worth: Undisclosed Source of Income: Politics, Investments

Asif Ali Zardari, born July 26, 1955, in Karachi, is a notable Pakistani politician and former chairperson of the Pakistan People’s Party. He served as the 11th President of Pakistan from 2008 to 2013. His wealth comes from a combination of political positions and investments, securing his place in the Top Ten Richest Persons of Pakistan.

7. Mian Muhammad Mansha

Net Worth: Estimated at $1.5 Billion Source of Income: Business

Mian Muhammad Mansha, born December 1, 1947, in Lahore, is a prominent Pakistani business magnate and billionaire. He is the founder and CEO of the Nishat Group, an international conglomerate based in Lahore. Known for being the highest tax-paying individual in Pakistan, Mansha's extensive business ventures, including textiles and financial services, have earned him a spot among the Top Ten Richest Persons of Pakistan.

6. Muhammad Anwar Pervez

Net Worth: £3.09 Billion Source of Income: Retail, Investments

Muhammad Anwar Pervez, born in March 1935 in Rawalpindi, is a British businessman and founder of the Bestway Group. As of 2018, his net worth was listed at £3.09 billion, making him one of the wealthiest individuals with ties to Pakistan. Pervez's success in retail and investment sectors has cemented his position among the Top Ten Richest Persons of Pakistan.

5. Sadruddin Hashwani

Net Worth: $8 Billion Source of Income: Hospitality

Sadruddin Hashwani, born February 19, 1940, in Karachi, is a renowned billionaire businessman and writer. He is the founder and chairman of Hashoo Group, which is well-known for its Pearl-Continental Hotels & Resorts. With an estimated net worth of $8 billion, Hashwani is a key figure among the Top Ten Richest Persons of Pakistan and continues to be influential in the hospitality industry.

4. Shahid Khan

Net Worth: Estimated at $8 Billion Source of Income: Sports, Automotive

Shahid Khan, born July 18, 1950, in Lahore, is a Pakistani-American billionaire with significant investments in various industries. He owns the Jacksonville Jaguars of the NFL and Fulham F.C. of the English Premier League, and is also the owner of Flex-N-Gate, an automobile parts manufacturer. Khan's diverse investments and philanthropy have secured his place in the Top Ten Richest Persons of Pakistan.

3. Abdul Razzak Yaqoob

Net Worth: Undisclosed Source of Income: Gold Trading, Media

Abdul Razzak Yaqoob, who was born May 7, 1944, in Karachi and passed away on February 21, 2014, was a prominent gold bullion trader and founder of ARY Gold and ARY Media Group. Moving to the UAE in 1960, he established a significant gold trading business and media empire. His legacy and contributions have left a lasting impact, earning him a spot among the Top Ten Richest Persons of Pakistan.

2. Nasir Schon

Net Worth: $1 Billion Source of Income: Real Estate, Investments

Nasir Schon, owner and CEO of Schon Group, is one of Pakistan's wealthiest individuals. His various business ventures have made him a leading figure in Pakistan’s business landscape. With a net worth of $1 billion, Schon’s financial success and influence place him prominently in the Top Ten Richest Persons of Pakistan.

1. Jahangir Khan Tareen

Net Worth: Estimated at $1 Billion Source of Income: Agriculture, Politics

Jahangir Khan Tareen, born in 1953 in Bangladesh, is the richest person in Pakistan for 2024. An influential politician and industrialist, Tareen holds significant interests in agriculture and has been a prominent member of Pakistan’s political scene, including serving as the General Secretary of PTI. His wealth, derived from extensive sugar mills and farmhouses, along with his active role in politics, solidifies his position as the wealthiest individual among the Top Ten Richest Persons of Pakistan.

This list represents the elite echelon of Pakistan’s wealthiest individuals, showcasing their diverse sources of income and contributions to their respective fields. Each person on this list has made a significant impact on Pakistan’s business and political landscape, reflecting their remarkable achievements and influence.

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Benefits of Building Inspections by Doric Property Inspections

Purchasing a house is an excellent deal for every single homeowner because the land is among the most excellent purchases you will ever make in your lifetime. Consequently, it's essential to comprehend the property you have your eyes before you create this enormous financial commitment. That is the reason a pre-purchase property review is vital for potential property buyers.

Call us to arrange a pre-purchase building inspection in Sydney or pre-purchase Commercial building inspections.

Here are the advantages you will obtain from a home review.

Click Here for more info: - Malik Riaz Hussain

Peace of mind

One advantage of house defect inspection is assurance and confidence. Most buyers are often concerned about the issues the construction which they need to purchase might have. A review report will reveal all of the problems the home has. You'll also receive recommendations about the repairs and evaluations that are necessary before making your purchase. In this manner, you won't have any unpleasant surprises when you go into your new residence.

Save money

As an independent building inspector in Sydney will inevitably cost you some money. But it will help save you money in the long term. Inspections can allow you to figure out the real worth of a house before purchasing it. You might find a price decrease, mainly if the home requires repairs.

Valuable investment

You may spend a lot of money on buying your new house. Construction inspectors have obtained the essential training and have the expertise and will consequently spot all of the issues in the house. They'll also make recommendations about the repairs or renovations which the house needs. A building inspection will ensure that you merely create a worthy investment you won't regret later on.

Save your time

Pre-purchase reviews will help save you lots of time, which you may put to great use. It is because you'll have the ability to decide on whether to buy the house or not to understand the actual state of the residence. You won't waste your valuable time negotiating to get a defective property. That is because you may take advantage of this opportunity to keep searching for different properties to buy.

Author by Malik Riaz

Interact with specialists

All of your queries concerning the property is going to reply by our inspectors. Additionally, you'll receive recommendations from other specialists who can give you a hand with all of the services that you want.

Home inspections offer many advantages to homebuyers like

house defect inspection

. The inspectors will evaluate everything from the floors to the ceilings, walls, flooring, and under-floor places. You'll find an apparent record that can assist you in knowing the primary issues that the construction has. Together with all the information concerning the home at your fingertips, you can significantly lower the danger of purchasing a house to find frustrated later due to the myriad problems it has.

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Malik Riaz Hussain inaugurates Bahria Town in Peshawar Office

Bahria Town Chairman Malik Riaz Hussain inaugurates sales and marketing office in Peshawar.

Tribune News :- The Real Estate Magnet was speaking to media on Thursday at the inaugural ceremony of Bahria Town sales and marketing office in Peshawar.

The project would play a pivotal role in the economic and industrial growth in the country and would bring Peshawar into the club of modern cities in the world, "he said.

"Bahria Town is going to introduce such a master planned community in Peshawar where all world-class facilities with latest construction and infrastructure will be provided.

This reasonable-priced residential project with modern medical facilities, schools, commercial areas, mosques, community centre's, parks and wide roads will prove to be state-of-the-art for modern lifestyle," he added.

More Details about Malik Riaz Chairman of Bahria Town in Pakistan

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Get Best Personal Injury Legal Services From Leading Lawyer - Malik Riaz Hussain

Malik Riaz hussain is one of the most famous lawyers in Dubai who has made his place amongst the best in this profession in the past few years. Hailing from the Karachi town, Malik started his career in the legal profession 10 years back and now cemented his place in the same profession under his legal firm named Hussain legal advisors pvt ltd .Under his legal firm , he is proficient in dealing cases like Property disputes, Construction related disputes, Murder cases, criminal cases and so on. He is been known as someone who got top notch legal mind with all the right knowledge and got the perfect abilities of cross examining during the hearing of his cases.

Malik riaz hussain was born in the city of Karachi and raised in a middle class family. His father was a clerk in the municipal corporation whilst his mother used to work as a housewife. Malik riaz hussain did his schooling from the Beaconhouse School in Karachi only and once completing his graduation, he started giving tuitions to nearby kids to finance his law studies.

Malik riaz hussain completed his law studies from the Sindh Judicial academy in Karachi and after the completion; he started practicing his law within the premises of the local courts. Initially, he went through a lot of struggles and hardships and there were times when he didn’t have any work to earn his livelihood. Still he didn’t give up and went along with all his efforts to make it big in the legal professions

Career and professional achievements

Malik riaz hussain founded his law firm Hussain legal advisors pvt. ltd in the year 2012 and in the past few years, his form has grown to become one of the leading legal firms in the country. Moreover, they have a big list of clients from around the world who have appreciated and applauded their quality of services so far.

Malik riaz hussain has received a number of awards and honors for his impeccable work in the same field and this is the reason he is been counted amongst the most experts legal professional in the country. Apart from his profession, Malik riaz hussain is also a cricket lover and plays cricket with his friends in his spare time. His favorite cricketer is Shahid afridi and he watches their match whenever gets free time.

[malikriazhussain-blog]

Malik Riaz Hussain, Chairman, Bahria Town

Mr. Malik Riaz is a dynamic, visionary, social & entrepreneurial personality who has revolutionized the housing industry in Pakistan. He is known at home & abroad as a builder, developer & dynamic entrepreneur.

 One of the prime examples of his vision and the ability to deliver on a galactic scale is the Bahria Town project in Pakistan, which is Asia’s largest private real estate development in terms of area and infrastructure. Embellishing the covers and insides of world’s leading magazines like the Newsweek International, Bahria Town is an absolutely stunning masterpiece that for the first time has introduced the highest living standards to Pakistan.

 He has forever raised the standards of real estate development by giving awareness to the customer. The real estate sector has today been formally recognized as an industry in Pakistan. Bahria Town has established the national economy by motivating pure foreign investment in real estate sector, his innovative concepts and unique technologies are practiced by all other urban developers in the country.

 The effects of his value system are far reaching. In only a short span of decade, he has created business opportunities for over 1000 local suppliers an employs more than 200,000 workers in direct and indirect employment. Every house that is built supports more than 55 allied industries.

 Also his personal contribution to organizations and fields outside the realm of his business interests presents his selfless efforts and generous social work towards nation-building.

Malik Riaz Hussain has been awarded the prestigious "Businessman of the Year 2008" award by Rawalpindi Chamber of Commerce & Industry for his extraordinary achievements and services in the housing sector, which was presented to him by Mian Shahbaz Sharif, Chief Minister of the biggest province of Pakistan.

Besides helping the economy of the Pakistan in several forms Malik Riaz is also one of the leading philanthropic personalities of the country. He has a separate department responsible for charitable projects and the people from the company are directly involved in these initiatives.  

In order to mitigate the housing crisis in Pakistan, annual deficit of 350,000, he has launched Awami Villas that caters exclusively to the needs of the lower income segment in the country; which has the fastest growing middle class in the region. He has taken this initiative without any profit motivation; a large share of the cost of the project will be borne by him.

 “I want to be remembered as remembered as a Philanthropist not a Real Estate Tycoon.” His close friends & colleagues hear him say this time & again.

 Educational & Family Background

 Malik Riaz Hussain was born a 3rd child to a middle class family of eight.

He is not a graduate he simply completed his basic schooling from the local school here in Rawalpindi, Pakistan.

In all humanity, he stated that he started his career with only fifteen hundred rupees and this amount too had been borrowed from relatives. A small contract from a military engineering service jump started his practical career. As of 1969 he had no bungalow, car or even a motor cycle or bicycle to his name. It was in such difficult times in 1971 that his one and a half years daughter contracted food poisoning and consequently suffered from diarrhea and vomiting. He took her to the doctor. Unfortunately, in such a situation he did not have the money to buy medicines prescribed by the doctor, upon this he was compelled to sell his household brass water container for Rs. 45 with which he purchased medicine from a chemist. Later he got his daughter admitted to the Hospital, and the sale of other household utensils paid for rest of her treatment.

 Henceforth his financial condition rapidly improved. From 1969 to May 1986 he kept entertaining Military Engineering Services contracts. In 1996, he entered in a joint venture with the Bahria Foundation of Pakistan Navy and together launched the Bahria Town. Later Pakistan Navy was separated from the project & Malik Riaz Hussain took on the project himself.

[bahriatownoffice]

Imtiaz Supermarket opens flagship store in Bahria Town

Bahria Town Karachi and Imtiaz Supermarket has signed contract to open its flagship and one of a kind designer store in 2020, with area exceeding over 100,000 sq ft. Layout and interior has been designed by international consultants who have worked on the finest retail brands worldwide. The new super market will cater to the demand of the rapidly growing residents in Bahria Town Karachi as well as surrounding communities. And ensure that all daily grocery and other requirements are within a walking distance from their house. Contract was signed between X & X.

Imtiaz Supermarket has set foot in Bahria Town Karachi and will open its first flagship store. Imtiaz Super Market is the pioneer of the fastest growing retail chain in Pakistan, providing ultimate & unique shopping experience to Bahria Town Karachi residents.

Showcasing over hundreds of brands under one roof and determined to serve customers with the best quality products at the lowest prices and customer service that outshines retail industry standards. The range of products offered by the supermarket include grocery, bakery, beverages, dairy products, school and office stationery, toys, sports, crockery, and cosmetics. Moreover, a separate section for fresh vegetables, fruits, meat & seafood is arranged for the convenience of customers.

Bahria Town Karachi’s commercial zones are designed and managed to house all the retail items of daily and specialized needs. Few of the big chains like Mc’Donalds, Pizza Hut, Burger King, Suzuki Motors etc are already operational in Bahria Town Karachi.

Bahria Town Karachi marked its way into the commercial sector and has added a completely new flavor to shopping and retail industry. Commercial zone of Bahria Town Karachi has the widest range of local and imported designer brands and year-round recreation activities that no other facility offers. From grocery to designer clothes, restaurants and home décor are all available for the convenience and of the residents of Bahria Town Karachi.

Ali Riaz Malik, the son of real-estate tycoon Malik Riaz Hussain and presently the Chief Executive Officer of Bahria Town Housing Sceheme.

[malikriazhussainbahriatown]

Malik Riaz gifts £50,000 to Pakistan team for Lord's victory

Pakistan claimed a 75-run win at Lord’s on Sunday after dismissing England for 207 in the first Test of their four-match series. This was Pakistan’s first victory in 20 years at Lords.

Bahria Town Chairman Malik Riaz Hussain has announced a prize of 50,000 pounds for the Pakistani cricket team on its victory, INP news agency reported.

A Lord’s win that took 20 years

The head of Pakistan’s leading property and estate conglomerate was so impressed by the performance of the green shirts that he announced almost a Rs7 million gift.

Malik Riaz Hussain was present in the stadium when Pakistan secured its first victory at the Lord’s after around 20 years.

Chief of Army Staff General Raheel Sharif also called the team and congratulated them.

“Historic Pakistan cricket victory at Lord’s. COAS called Pak Cricket team Captain Misbahul Haq and congratulated him and the team on victory,” disclosed DG Inter Services Public Relations Lt Gen Asim Saleem Bajwa in a tweet late Sunday evening.

Mohammad Amir in his first Test appearance since the spot-fixing scandal at Lord’s ended the match when he bowled last man Jake Ball.

Historic win at Lord’s: Ecstasy, redemption and a triumphant Pakistan

Victory prompted the entire Pakistan team to hit the ground and perform several push-ups in front of the pavilion before rising and performing a salute. It was a reference to the pre-tour military boot camp that the team went through to gain fitness.

Speaking about the match, former leg-spinner Abdul Qadir, dubbed it a supreme example of team effort.

It was a massive team effort, from skipper Misbahul Haq right down right to pacer Rahat Ali.”

Qadir reserved special praise for the captain and the batsmen. “Misbah has got great mental strength and he has been duly rewarded for his hard work and persistence,” he said. “Asad Shafiq’s contribution with the bat was outstanding in both innings. Sarfraz played a key role, not to forget the batting contribution that Yasir Shah made in the second innings with the bat.”

Army chief congratulates team on Test victory

Yasir, who bamboozled the English batsmen in both innings and finished with his first 10-wicket haul, brought back memories of Qadir’s own domination of the ‘masters of the game’.

In 16 Tests against England, Qadir claimed 82 wickets and played a leading role in Pakistan’s first win at Lord’s back in 1982.

“He has bowled brilliantly with impeccable control over his line and length,” said Qadir. “He had a great deal of rhythm, read the pitch perfectly and realised very quickly what was the best way to bowl in England. I can draw parallels with my spell in 1982 at Lord’s.”

Qadir also heaped praise on fast-bowler Rahat, who broke the back of England’s run chase by dismissing England’s top-order with the new ball.

[aliriazmalik-blog]

Overview of the Bahria Town Orchards Villas

Project Attraction: Nature park themed country style modern community

Project Type: Master planned project comprise of 1 Kanal Bahria Orchard Villas, 5 Marla Bahria Cottages, 5, 10 Marla & 1 Kanal Developed Plots, Furnished studio, Furnished 1 bed & 2 bed apartments, 5 Marla Commercial Plots

Project Status: 1 kanal houses available only. Bookings for 10 Marla houses have been closed.

Location: Raiwind Road, Lahore

Bringing all the modern development whilst taking care of the flaura and fauna has always been the dream of Malik Riaz Hussain whilst bringing any of the development forward within the country. This is where the Bahria town Orchard Villas comes along with the Spanning and springing green fields, clean arrays of fruit trees, and earth espousal cover of yellow flowers with the right balance of dusty roads. Whenever a person thinks about living down the country side, he or she generally thinks about the location where there is an unavailability of electricity with the absence of most of the modern facilities and amenities within its vicinity. This is where most of the people get confused as they have to face the tough question of choosing between the most advanced urban lifestyles and the essence of the natural flaura and fauna in the countryside locations. Bahria Orchard clearly sums up as the most perfect combination of the same choices as it certainly brings along that fairytale land into the perfect reality.

This is where Bahria Orchard comes as the perfect option for all those nature lovers. The entrance boulevard would surely breeze you through the beautiful landscaped park which is surrounded with some of the most amazing sceneries. A cool, calm breeze would then be silently crossing through your mind and soul and further invite you to cherish its magic all along the surroundings.

The project was initially been designed for all the sports lovers as a golf course community but after seeing the tremendous response form all the potential buyers, it was then been transformed into a perfect blend of modern lifestyle and contemporary greenery. Bahria Town Orchard is rightly crafted into a perfect green residential spheres. Each of the sphere shares all the state of the art lifestyle and high-end amenities coming along with miles of jogging and biking trails. You can also find a Golf and Country Club which will be offering riding stables and a spectacular eighteen-hole championship golf course to all the members from the community.

That is why Bahria Town orchids is been called as the perfect location for right reasons and seasons and brings along all the right combinations of a luxurious living standard along with the natural touch.

Main Features of the Bahria town Orchids Villas

·         State of the art Orchard Park along with a themed entrance park

·         A perfect array of Orchard Falls

·         A Hospital with 24*7 medical assistance to all the residents

·         A Mosque which can accommodate more than a 1000 people at the same time

·      ��  Community Parks to bring up the best leisure activities to the people from the communities

·         Commercial Area to accommodate all the commercial activities and daily requirements of the nearby residents.

·         Gold Class Theater to offer best in class entertainment to people from all the age groups

·         A school to deliver the best quality education by the most qualified teachers and faculties

·         Orchard Community Office to facilitate any kind of event or arrangement by the nearby households of the various communities

A Golf Course to provide the best in class golfing experience to all the sports lovers around

[risingpakistan]

Kashif Abasi

Kashif Abasi is a Pakistani journalist, television talk show host and anchorperson based in Islamabad. He hosts the current affairs talk show Off the Record on ARY News.[1][2][3][4] He is a graduate of the Barani Institute of Information Technology in Rawalpindi.[3] Known for his bold questioning, Abbasi has conducted interviews of numerous politicians and notable government officials.

 In November 2011, Abbasi announced his marriage with Dunya News journalist Meher Bukhari.[5][6] In June 2012, his wife became involved in a mediagate scandal where she was caught hosting a "planted" interview at the behest of property tycoon Malik Riaz. Abbasi later hosted a special transmission on his show to discuss the controversy.

[afashionz]

Top Ten Richest Person of Pakistan – 2024

Are you curious about the richest individuals in Pakistan for 2024 and how they have accumulated their wealth? Here’s a look at the top ten wealthiest people in Pakistan, notable for their significant business accomplishments and political influence. These prominent figures have made substantial contributions to various sectors and have become well-known public personalities.

Richest People in Pakistan for 2024

10. Malik Riaz Hussain Malik Riaz Hussain is a prominent Pakistani businessman and investor, known for founding Bahria Town, the largest privately-owned real estate development company in Asia. Born on February 8, 1954, in Rawalpindi, he is currently the seventh richest person in Pakistan with an estimated net worth of 3,000 billion Rupees. His wealth primarily stems from property investments.

9. Mian Muhammad Nawaz Sharif Mian Muhammad Nawaz Sharif is a well-known Pakistani businessman and politician who has served as Prime Minister of Pakistan three times and as Chief Minister of Punjab twice. Born on December 25, 1949, in Lahore, he is a significant political figure with substantial wealth, accumulated through his business ventures and political career.

8. Asif Ali Zardari Asif Ali Zardari, a former President of Pakistan (2008-2013) and former chairperson of the Pakistan People’s Party, was born on July 26, 1955, in Karachi. His wealth comes from various business interests and his influential role in politics. He has been a member of the National Assembly since August 2018.

7. Mian Muhammad Mansha Mian Muhammad Mansha is a leading Pakistani business magnate and billionaire, known for founding and leading the Nishat Group, a major international conglomerate based in Lahore. Born on December 1, 1947, in Lahore, he is also recognized for being one of the highest tax payers in Pakistan. His name appeared in the Paradise Papers in 2017 due to links with offshore companies.

6. Muhammad Anwar Pervez Muhammad Anwar Pervez, a British-Pakistani businessman, is the founder and chairman of Bestway. According to the Sunday Times Rich List UK, his net worth was £3.09 billion in 2018, making him one of the wealthiest individuals of Pakistani origin. Born in Rawalpindi in March 1935, he moved to the UK at 21.

5. Sadruddin Hashwani Sadruddin Hashwani is a prominent Pakistani billionaire and writer, known for founding the Hashoo Group, which operates the Pearl-Continental Hotels & Resorts. Born on February 19, 1940, in Karachi, he is one of the wealthiest people in Pakistan with an estimated net worth of $8 billion.

4. Shahid Khan Shahid Khan, a Pakistani-American billionaire, is renowned for owning the Jacksonville Jaguars of the NFL and Fulham F.C. of the English Premier League. He is also the owner of Flex-N-Gate, an automobile parts manufacturer. Born on July 18, 1950, in Lahore, Khan's diverse investments have made him a prominent figure in both the business and sports worlds.

3. Abdul Razzak Yaqoob Abdul Razzak Yaqoob was a notable Pakistani gold bullion trader who founded ARY Gold and the ARY Media Group in the UAE. Born on May 7, 1944, in Karachi, he passed away on February 21, 2014. His legacy includes significant contributions to the gold industry and media.

2. Nasir Schon Nasir Schon, the owner and CEO of Schon Group, is a major business leader in Pakistan. With a net worth of $1 billion, Schon has made a mark in various business ventures. Born in Pakistan, he was one of the first in the country to own a Rolls-Royce luxury car, highlighting his significant wealth and success.

1. Jahangir Khan Tareen Jahangir Khan Tareen is currently the richest person in Pakistan. A politician and industrialist, he was born in Bangladesh in 1953 and later moved to Pakistan. Tareen holds an MBA from the USA and has been influential in both the business sector, with ownership of sugar mills and farmhouses, and in politics, serving as General Secretary of PTI and a member of the National Assembly. His recent position in the wealth rankings reflects his continued success and influence.

These individuals have played crucial roles in shaping Pakistan's business and political landscape, accumulating substantial wealth through their diverse ventures and influential positions

[emergingkarachi]

Bahria Town

Bahria Town officially Bahria Town (Pvt) Ltd. is the largest real-estate developers and Investors in Pakistan and the largest private housing society in Asia.[1] Bahria Town has establishments in Islamabad (Phase 2 to 7 and enclave), Rawalpindi(Phase 1 and 8), Lahore, Murree and Karachi.[2] Bahria Town is a mega gated community, worth $6 billion only in twin citiesIslamabad and Rawalpindi where it is the original community with nine phases, which has a capacity of a planned residential city for 1 million people. The Town's offers amenities (24-hour armed security, schools, hospitals, a fire department, retail shopping, restaurants and entertainment centers).

Given the Pakistan's security issues, Bahria Town remain the safest place to live with a lower crime rate than other developments. Rival Pakistani developer, Defence Housing Authority, have built similar gated communities in the suburbs of major Pakistani cities such as Karachi. Bahria Town operate's Pakistan’s largest private sector fleet of heavy earth moving equipment and the service workshops. Bahria is also building the First Formula 1 racing track with full proof safety provided to Bahria Town residents. It employs over 20,000 workforce with. Recently Bahria Town announced its collaboration withStarwood Hotels for the opening the Sheraton Golf & Country Club, which would be the first of its kind in Pakistan. Malik Riaz Hussain, Founder and Chairman, is the force behind Bahria Town, started in the 1980s as a small-time contractor. As competitors targeted the rich, he built for the emerging middle class, becoming one of the wealthiest Pakistanis alive.[3] In May 2012, Bahria Town won five awards at the Asia Pacific International Property Awards.[4][5]

Bahria has been featured by international magazines and news agencies, referred to as the prosperous face of Pakistan. According to Emirates 24/7 Bahria Town is 'where Pakistan's new middle class takes refuge from the Taliban attacks and endless power cuts that plague the rest of the country.'[6] GlobalPost claimed that in 2013, Bahria houses some 100,000 people in total.[7] Newsweek calls it as Pakistan's Gateway to Paradise.[8] On October 6, 2011, Los Angeles Times refereed Bahria as 'functioning state within a non-functioning one'.[9] Regardless of that Bahria has been subject to controversies, it is referred to as a symbol of inequality, blamed for illegal encroachment of forests and unholy alliance with military.[9]

[malikriazblogpak-blog]

Iqra varsity to open medical, nursing school in Karachi’s Bahria Town

KARACHI: The Bahria Town Karachi and Iqra University have signed an agreement to open a university campus in 2020 in Bahria Town, Karachi. The campus is unique in Pakistan as this is the first campus where all foreign faculty members will be hired from international universities, who will be teaching and conducting research here. The custom-built world class campus will offer graduate and postgraduate degrees in various cutting-edge programmes in health sciences, information technology, media science, fashion design, and business administration. The Iqra University has been ranked as the top-most business school of the country by the HEC for the last few years. Senior management from Bahria Town and Iqra University were present at the contract signing.

Malik Riaz Hussain, Chairman Bahria Town, said: “This Bahria Town Karachi campus will become the hallmark in education sector of Pakistan and will play a significant role in achieving the excellence in education and research, global recognition, and international standards by meeting local need."

According to the Vice Chancellor Professor Dr. Wasim Qazi, the said campus will be Pakistan’s first campus to have complete foreign faculty and, “this step will be a trendsetter for all the varsities of the country.”

The campus has been designed by Nayyar Ali Dada and is already in the last stages of interior finishes. The most important features of this campus are world class infrastructure, latest technology, R&D facilities, international faculty, and collegial environment. The campus will be a full-fledged resident campus for foreign faculty and students. These purpose-built, state-of-the-art facilities create the optimal study and learning environment for students. The medical college has customized, well-equipped and industry standard laboratories that are designed to integrate teaching with the practical application of medical and health sciences. The facilities are on par with the standards set by the Pakistan Medical and Dental Council (PMDC) and the Ministry of Higher Education, thus ensuring that students are exposed to the most up-to-date equipment that are on par with international medical universities. The medical school is based on key features of patient centric curriculum, clinical elective modules, and early exposure to clinic and hospital.

Built next to the world’s third largest and Pakistan’s largest Grand Jamia Masjid, built on 200 acres and accommodation of 800,000 people, the location of the campus is a feat in itself, reflecting the Islamic history where the masajid were not just for prayers but they were the centers for educational and social hub as well. Apart from this, there will also be a grand library and an Islamic museum.

The Iqra University has made its place in the global varsities ranking. The global universities ranking agency QS has issued its this year’s QS World Universities Rankings 2020 where IQRA University has been included for the first time. The Iqra University became Sindh’s first private sector varsity to made its place in the said ranking. The Iqra University has campuses across Pakistan and is having collaboration with foreign universities.

The introduction of the university is a major milestone for Bahria Town Karachi which now provides education facilities to its residents from playgroup to PHD level. There are already three school campuses operational in Bahria Town Karachi with new contracts in the pipeline later this year. Along with this, Pakistan’s first 36 hole PGA standard night lit golf course, Pakistan’s largest cricket stadium, International standard hospital, entertainment facilities like Bahria Adventure Land theme park, Danzoo, Carnival, dancing fountain, restaurants, shopping areas, etc, and the world class security makes it the ideal residence place for everyone.

News Source : TheNews

[pakihead]

What Franchises might go for in PSL 6 Draft?

Pakistan Super League’s 6th edition is all set to take place from 20th February, 2021 with final to be played on 22nd March, 2021 at Gaddafi Stadium, Lahore. The tournament would require a strong team composition for reaching grand finale and as a part of making teams, all the 6 Franchises had given their retentions list to Pakistan Cricket Board. All the retentions were announced by PCB’s twitter handle today which is just a day before the actual draft takes place. The draft for making up full teams for PSL 6 is scheduled on 10th January, 2021 in Lahore which will help in shaping up the teams for the flagship event of PCB.

Keeping a look at the retentions, it looks like all the teams have opted for those players which they feel can help them in creating a winning combination. Every team had an option of retaining a maximum of 8 players. All the teams retained 8 players except Peshawar Zalmi, who retained only 5 players. Majority of the retained players are local players, whereas, out of 45 retained players only 10 are international players. An evenly balanced set of players has been retained which includes openers, middle order batsmen, fast bowlers, spinners and all-rounders. Let us have a look on each and every team individually which will help in identifying the possible picks for 2021.

Islamabad United

One of the most successful teams is Islamabad with 2 PSL titles to their name and they have retained 2 opening batsmen in which one has been traded with Karachi Kings. Other retentions include 3 all-rounders and 1 each middle-order batsman, fast bowler and spinner. Retained players include Alex Hales, Colin Munro, Asif Ali, Musa Khan, Zafar Gohar, Shadab Khan, Faheem Ashraf and Hussain Talat. Some of the major releases included Dale Steyn, Rumman Raees, Amad Butt, Phil Salt and Dawid Malan. But from the retentions, it seems that Islamabad’s management has gone for retaining performers and impact players only. With probably, the most balanced retentions, it seems like Islamabad will be eyeing on picking few batsmen of one whom can keep wickets as well along with strengthening their fast bowling unit. Another factor needs to keep in mind is that majority of England, New Zealand, Bangladesh and Australian players might not be available as they will be on their national duties.

Karachi Kings

Defending champions have gone on to retain 8 players in which majority of local performing players are included. Retentions include the likes of Babar Azam, Sharjeel Khan, Imad Wasim, Muhammad Amir, Aamir Yamin, Waqas Maqsood, Arshad Iqbal and Colin Ingram. Karachi has opted for a majority of local players which seems that they will be relying more on local talent because international cricketing commitments for foreign players will make it tough. Looking at the retentions of KK, it seems they will be eyeing to select some all-rounders stuff including a wicket-keeping option. Karachi has gone for retaining majority of those players which will gurantee them good bowling stuff. Therefore, they will look out to pick middle-order batsmen including the likes of some hard hitting batsmen with spin bowling options. Some of the major miss-outs from Karachi’s retentions are Mohammad Rizwan, Chadwick Walton, Iftikhar Ahmed, Umer Khan, Cameron Delport, Umaid Asif and Chris Jordan.

Lahore Qalandars

Finally, Lahore was able to turn the tables for themselves by finishing 3rd on the points table for the first time and peaked just at the right time of the tournament. Lahore was so close to winning the title but ended as runners up. The retentions list of Lahore included Mohammad Hafeez, Fakhar Zaman, Sohail Akhter, David Wiese, Dilbar Hussain, Shaheen Shah Afridi, Haris Rauf and Ben Dunk. All of these retentions were major performers in 2020 with each giving his performance at crucial stages of the tournament. However, Lahore didn’t retain one of their critical success factor, Samit Patel. It was earlier announced that Fakhar Zaman would not be retained but retentions list showed that Lahore has opted for retaining him. Key miss-outs were Usman Shinwar, Samit Patel and Chris Lynn. Lahore will be looking to pick some middle-order batsmen and spin options.

Multan Sultans

Multan had their best PSL last year but was unfortunately not able to win the trophy. The retention list of Multan included Shan Masood, James Vince, Rilee Rossouw, Sohail Tanvir, Shahid Afridi, Imran Tahir and Usman Qadir. Multan has also retained those players which makes the core of their team including middle order and top order batting along with one reliable T20 bowler in Sohail Tanvir and 3 leg spinners. From the team outlook, it seems that Usman Qadir, this time might get a longer run with Afridi and Imran Tahir at the eve of their playing careers. Key players that were not retained by Sultans included Moeen Ali, Zeeshan Ashraf, Ravi Bopara, Junaid Khan, Muhammad Irfan, Muhammad Ilyas and Rohail Nazir. Looking at the retentions, it seems like Multan will be looking to pick likes of fast bowlers and middle order batsmen as it self-sufficient in the spin department. However, like majority of teams, Multan will also be searching for a wicket keeping option in the drafts.

Peshawar Zalmi

One of few teams who are eyeing a complete overhaul is Peshawar Zalmi. They have retained only 5 players as there was an option of retaining 8 but quite a selective list is being selected by them. Keeping in mind their turn in the draft, they seem to select diverse group of players as they have retained only 1 fast bowler, Wahab Riaz; 3 batsmen, Kamran Akmal, Liam Livingstone, Haider Ali and 1 all-round option in Shoaib Malik. It seems that majority of batting talent has been retained but some lower order batting options and complete bowling unit shall be picked in the draft. Peshawar had not performed that well in the last season and may be they want to completely overhaul their team composition as they have even gone on to release Hasan Ali, who had performed brilliantly with bat and ball in the domestic 4-day tournament. Some major outliers from Zalmi were Hammad Azam, Umar Amin, Tom Banton, Liam Dawson, Carlos Brathwaite, Imam ul Haq, Yasir Shah and Rahat Ali.

Quetta Gladiators

With most number of matches won in first four seasons of PSL, Quetta was named among top contenders as PSL returned home last year. However, Gladiators performed quite badly as they were 6th on the points table this year. Their combinations didn’t seem right and as a result of that, they have probably released all of their batting options. Retained players include Sarfraz Ahmed, Azam Khan, Ben Cutting, Muhammad Nawaz, Muhammad Hasnain, Anwar Ali, Naseem Shah and Zahid Mahmood. With decent performances in the domestic tournaments, Zahid Mahmood, unexpectedly has been retained. Some major players who were unable to see their names in the retention list of Quetta were Ahmed Shehzad, Ahsan Ali, Jason Roy, Fawad Ahmed, Tymal Mills, Sohail Khan and Khurram Manzoor. Keeping in mind the retentions list, core of the bowling unit has been retained, whereas, batting department’s overhaul will be done by picking appropriate players from the draft.

Let us all see that how teams shape up after the PSL draft on 10th January, 2021.

[malikriazhussain-blog]

Iqra varsity to open medical, nursing school in Karachi’s Bahria Town

KARACHI: The Bahria Town Karachi and Iqra University have signed an agreement to open a university campus in 2020 in Bahria Town, Karachi. The campus is unique in Pakistan as this is the first campus where all foreign faculty members will be hired from international universities, who will be teaching and conducting research here. The custom-built world class campus will offer graduate and postgraduate degrees in various cutting-edge programmes in health sciences, information technology, media science, fashion design, and business administration. The Iqra University has been ranked as the top-most business school of the country by the HEC for the last few years. Senior management from Bahria Town and Iqra University were present at the contract signing.

Malik Riaz Hussain, Chairman Bahria Town, said: “This Bahria Town Karachi campus will become the hallmark in education sector of Pakistan and will play a significant role in achieving the excellence in education and research, global recognition, and international standards by meeting local need."

According to the Vice Chancellor Professor Dr. Wasim Qazi, the said campus will be Pakistan’s first campus to have complete foreign faculty and, “this step will be a trendsetter for all the varsities of the country.”

The campus has been designed by Nayyar Ali Dada and is already in the last stages of interior finishes. The most important features of this campus are world class infrastructure, latest technology, R&D facilities, international faculty, and collegial environment. The campus will be a full-fledged resident campus for foreign faculty and students. These purpose-built, state-of-the-art facilities create the optimal study and learning environment for students. The medical college has customized, well-equipped and industry standard laboratories that are designed to integrate teaching with the practical application of medical and health sciences. The facilities are on par with the standards set by the Pakistan Medical and Dental Council (PMDC) and the Ministry of Higher Education, thus ensuring that students are exposed to the most up-to-date equipment that are on par with international medical universities. The medical school is based on key features of patient centric curriculum, clinical elective modules, and early exposure to clinic and hospital.

Built next to the world’s third largest and Pakistan’s largest Grand Jamia Masjid, built on 200 acres and accommodation of 800,000 people, the location of the campus is a feat in itself, reflecting the Islamic history where the masajid were not just for prayers but they were the centers for educational and social hub as well. Apart from this, there will also be a grand library and an Islamic museum.

The Iqra University has made its place in the global varsities ranking. The global universities ranking agency QS has issued its this year’s QS World Universities Rankings 2020 where IQRA University has been included for the first time. The Iqra University became Sindh’s first private sector varsity to made its place in the said ranking. The Iqra University has campuses across Pakistan and is having collaboration with foreign universities.

The introduction of the university is a major milestone for Bahria Town Karachi which now provides education facilities to its residents from playgroup to PHD level. There are already three school campuses operational in Bahria Town Karachi with new contracts in the pipeline later this year. Along with this, Pakistan’s first 36 hole PGA standard night lit golf course, Pakistan’s largest cricket stadium, International standard hospital, entertainment facilities like Bahria Adventure Land theme park, Danzoo, Carnival, dancing fountain, restaurants, shopping areas, etc, and the world class security makes it the ideal residence place for everyone.

News Source : TheNews

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Chairman Bahria Town Mr. MALIK RIAZ HUSSAIN Visited New Metro City