BAFL 50.00 Increased By ▲ 3.50 (7.53%)
BIPL 22.46 Increased By ▲ 1.31 (6.19%)
BOP 5.43 Decreased By ▼ -0.10 (-1.81%)
CNERGY 5.07 Increased By ▲ 0.17 (3.47%)
DFML 18.99 Increased By ▲ 0.17 (0.9%)
DGKC 80.18 Increased By ▲ 0.18 (0.23%)
FABL 33.03 Increased By ▲ 2.18 (7.07%)
FCCL 20.26 Decreased By ▼ -0.13 (-0.64%)
FFL 9.61 Increased By ▲ 0.05 (0.52%)
GGL 13.65 Decreased By ▼ -0.32 (-2.29%)
HBL 121.09 Increased By ▲ 3.14 (2.66%)
HUBC 122.34 Decreased By ▼ -1.46 (-1.18%)
HUMNL 7.98 Increased By ▲ 0.03 (0.38%)
KEL 3.97 Increased By ▲ 0.46 (13.11%)
LOTCHEM 28.05 Decreased By ▼ -0.50 (-1.75%)
MLCF 42.12 Increased By ▲ 0.02 (0.05%)
OGDC 121.85 Increased By ▲ 0.84 (0.69%)
PAEL 20.12 Increased By ▲ 1.28 (6.79%)
PIBTL 5.83 Increased By ▲ 0.13 (2.28%)
PIOC 116.39 Increased By ▲ 2.68 (2.36%)
PPL 110.71 Increased By ▲ 2.36 (2.18%)
PRL 29.58 Increased By ▲ 1.76 (6.33%)
SILK 1.09 Increased By ▲ 0.02 (1.87%)
SNGP 68.95 Decreased By ▼ -0.45 (-0.65%)
SSGC 13.77 Increased By ▲ 0.52 (3.92%)
TELE 8.79 No Change ▼ 0.00 (0%)
TPLP 14.67 Increased By ▲ 1.02 (7.47%)
TRG 90.65 Decreased By ▼ -1.29 (-1.4%)
UNITY 27.25 Increased By ▲ 0.59 (2.21%)
WTL 1.62 Increased By ▲ 0.05 (3.18%)
BR100 6,648 Increased By 104.2 (1.59%)
BR30 23,568 Increased By 358.1 (1.54%)
KSE100 64,718 Increased By 800.4 (1.25%)
KSE30 21,594 Increased By 242.4 (1.14%)

KARACHI: In a resounding victory for the business community, the Businessmen Group (BMG) emerged triumphant in the Managing Committee elections of the Karachi Chamber of Commerce and Industry (KCCI).

The landslide win was hailed as a significant achievement, with Faraz-ur-Rehman, President of the Korangi Association of Trade and Industry (KATI) and Founder President of Pakistan Business Group (PBGO) with Deputy Patron-in-Chief of KATI, Zubair Chhaya, calling it a decisive moment for Karachi’s businessmen.

Under the leadership of President KATI Faraz-ur-Rehman and Deputy Patron-in-Chief of KATI, Zubair Chhaya, a coalition of business leaders from KATI and PBGO rallied together to participate in the KCCI elections. Guided by the instructions of patriarch SM Tanveer, they threw their unwavering support behind the BMG, led by Zubair Motiwala.

The delegation, led by Faraz-ur-Rehman, included prominent figures such as Former President Masood Naqi, Former Chairman Zahid Saeed, Former Chairman of KATI and Patron-in-Chief of PBGO Farhan-ur-Rehman, and Nasir Sheikh, President of Pakistan Business Group. More than 500 businessmen, including Rehan Chawla, Chairman of HMR Group Haji Rafique Pardesi, joined the effort to back the BMG.

Expressing his views on the significance of unity within the business community, KATI President Faraz-ur-Rehman stressed that Pakistan could not afford political chaos and urged all businessmen to come together to navigate the nation through its challenging economic situation.

SM Tanveer, KATI’s Patron-in-Chief from China, conveyed his best wishes to Zubair Motiwala and called upon the businessmen supported by KATI and PBGO to vote for BMG for the betterment of Karachi. In response, a delegation of over 500 businessmen, under KATI’s leadership, cast their votes in favour of BMG, expressing their full solidarity with Zubair Motiwala.

Faraz-ur-Rehman lauded BMG as the voice of Karachi’s businessmen and extended his congratulations to Zubair Motiwala for the overwhelming success in the KCCI Managing Committee elections.

Deputy Patron-in-Chief of KATI, Zubair Chhaya, declared, “Finally, we have exercised our vote, resulting in the BMG Group’s success.

The fruition of our years of effort is now visible as a united business community.”

Former Chairman of KATI and PBGO Patron, Farhan-ur-Rehman, affirmed BMG’s enduring support for the betterment of Karachi, emphasizing that Zubair Motiwala’s backing was pivotal to achieving the objectives of Karachi’s business community.

He reaffirmed their unwavering solidarity with Zubair Motiwala, asserting their commitment to stand by him in all circumstances.

Copyright Business Recorder, 2023


Comments are closed.

KCCI MC elections: BMG emerges triumphant

Illegal foreigners impact Pakistan’s security, economy: COAS

Pakistan’s future is ‘very bright’: IMF officials laud improvement in economic situation

Inter-bank: rupee secures marginal gain against US dollar

Open market: rupee unchanged against US dollar

Pakistan’s central bank reserves decrease $237mn, now stand at $7.02bn

Bulls dominate as KSE-100 hits new peak above 64,700

Al-Azizia case: IHC says will hear Nawaz’s appeal on merit

Denmark passes bill to stop Holy Quran burnings

Franchises announce retentions for PSL 2024

Death toll from fire at Karachi’s Ayesha Manzil rises to 5