KSE index surges by 433.28 points

KARACHI : Healthy buying was witnessed at Karachi share market during the week ended on August 28, 2009 as a result of which the KSE-100 index surged by 433.28 points, or 5.3 percent, to close at 8,541 points against 8107.94 points. Despite negative news flow in terms of failure to reach an agreement on margin financing and surge in all T-bills yields, overall positive mood was witnessed at market. The index crossed the 8,500 points levels on the back of strong interest of both forign and local investors. The main trigger for the market was Standard and Poor's (S&P) revision of Pakistan's credit ratings to 'B-' which attracted interest from foreigners, who remained net buyers of shares worth $23.8 million, resultantly, average daily volumes improved to stand at 160 million shares, up 34.6 percent on weekly basis. Bilal Qamar, an analyst at JS Global Capital said that the S&P raised its long term sovereign credit rating on Pakistan to 'B-' from 'CCC+'. The decision came in after evaluating Pakistan 's improving external liquidity coupled with reduction in external deficit due to successive disbursals from IMF and other multilateral loans. The news triggered a positive mood in the market which saw the local bourse rally by 179 points or 2.2 percent on Monday, alone. He said that the market sentiment was dented after T-bill auction on Wednesday, which saw cut-off yields for all three papers rise by 22-103bps. The effect was only visible for a single trading session on Thursday but the market recovered consequently in the last trading session. 12-month yields came in at 12.44 percent (up 22bps), whereas 6 and 3-month T-bill yields stood at 12.55 percent (up 103bps) and 12.37 percent (up 96bps) respectively. Both papers were last accepted in the July 16 auction. He said taht the foreigners continued their buying spree at the bourse, buying shares worth $41.2 million while selling shares worth $17.4 million, resulting in net buying of $23.8 million. So far in this fiscal year foreigners are net buyers of $83.3 million. Muniba Saeed at Invest Capital and Securities said that the investor interest at the KSE remained highly stimulated as average daily volumes increased by a massive 35% WoW to a level of 160mn shares during the current week on the back of increased FIPI inflows witnessed during the week. The KSE100 index remained fairly active during the week, increasing by a significant 226pts on the last trading day. The market continued its downward trend since then with frequent bumps on the way. The week remained highly eventful with S&P raising Pakistan 's sovereign rating to B- on the back of improved external liquidity and reduced fiscal deficit. Also, the rating agency announced a stable outlook on the rating. On the negative side, IMF in a review of the country's current situation termed the medium term outlook as fragile also due to which pressure prevailed in the market especially in the energy sector during the week as PSO reported to remain on the verge of default on its LCs for oil imports. source:-Ajj news

Karachi Stock Exchange TODAY

KSE end 1.5pc higher; rupee firms
	Monday, 31 Aug, 2009 3:20 pm
KARACHI : Karachi stock index notched its highest close this year on Monday as foreign investors bought banking and energy sector shares, dealers said. The Karachi Stock Exchange's (KSE) benchmark 100-share index ended 1.57 percent, or 134.45 points, higher at 8,675.67 on turnover of 226.4 million shares. The KSE-100 has gained 47.9 percent this year after losing 58.3 percent in 2008. "Foreign investors stepped up and bought shares of oil and gas exploration companies and banks, given the cheap valuations," Asad Iqbal, managing director at Ismail Iqbal Securities Ltd. According to official data, foreign investors have bought shares worth $70.7 million this month. Dealers said foreigners had started looking at Pakistan as its macroeconomic indicators were improving. Last week, S&P raised Pakistan's sovereign rating to B-minus from CCC+, citing improvements in its external liquidity and a reduction in its fiscal deficit. Dealers said the energy and banking sectors led the rally. Oil and Gas Development Co. Ltd. ended 4.99 percent higher at 108.89 rupees and National Bank of Pakistan rose 4.99 percent to 71.15 rupees. The energy sector has been performing well because of increased production in some fields and also because of small oil and gas discoveries, dealers said. In the currency market, the rupee ended firmer at 82.93/83.03, compared with Saturday's close of 83.00/05. Dealers said the rupee was expected to face downward pressure near-term on import-related dollar payments. The rupee has lost 4.61 percent this year after losing 22.12 percent in 2008. source :-ajj news

Forex Trading

In recent years, there are many people are involved in forex trading. Do you know what forex trading is ? Have you ever saw trading on the stock market? OK, Forex trading is just quite similar with that and in this field we make a deals with trading currencies amongst different countries which is usually done with a financial institution or a broker.

At this moment, we can say that Forex becomes the largest market on the planet and it is always changing, worldwide, 24×7. All these aspect is one of the things that makes forex so exciting. With that kind of activity, it is not always accurately predictable, but you need to understand the market so that you can jump on profitable trades and minimize your losses in losing trades, which is all based on the strategy that you utilize.

However, before you start to trade, one important things that you need to know and understand forex trading is a gamble, and like the advice offered to those who want to enter this field, never play with money you cannot afford to lose. Keep in mind There are no guarantees in the forex market, which means that you need to utilize all the tools at your disposal to ensure you have considered all factors that will impact a currency’s value, both now and in the future.

They are a key player when it comes to forex markets and trading. The central banks are located in New York, Tokyo and London. In fact, these are the areas where the concentration of central banks are the largest. If financial institutions suffer a loss in the forex market, the investors will also feel the loss.

If you really want to get serious please take the time to learn the forex market, since the financial rewards are huge, but make sure you also protect yourself by allowing for a potential loss.

source :-finance media

Brief about Custom House Karachi

Since independence Custom House Karachi is located on Eduljee Dinshaw Road, Karachi adjacent to the Karachi Port Trust Building. At that time there was only one Collector of Customs and after 1973 the Collectorate of Customs Appraisement fragmented out and there were two Customs Collectors i.e. Preventive and Appraisement. Owing to the rush of work and influx of trade people approaching the Old Custom House it was felt necessary to have a new and prestigious building of the Custom House where the offices could be placed properly and the trade as well as staff members can perform in a better environment. Accordingly in the year 1979, a piece of land measuring 2,30,260 sq feet was procured from Karachi Port Trust. Foundation stone of the new building was placed by the then President of Pakistan General Muhammad Zia-ul-Haq on 07.03.1979. It took 8 years to complete the 12 storied prestigious building and the new building was inaugurated on 08.05.1987 by the then Prime Minister of Pakistan Mr. Muhammad Khan Junejo. The newly constructed building has 12 floors having covered area of 1,60,140 sq feet. Besides the Collectorates of Customs Preventive and Appraisement more offices and Collectorate of the Central Board of Revenue were shifted in this new building. During the year 1990 the Collectorate of Customs Preventive defragmented into another Collectorate namely Exports Collectorate. This Collectorate also has its headquarters in the same building. The Central Board of Revenue also had its camp office of Member Judicial in this Custom House but as a result of reforms and re-structuring that office did not exist anymore, however the Directorate of Internal Audit, Inspection, IOCO etc were also shifted to this building.

As a part of major reform that took place was the introduction of Model Custom Collectorate. In order to accommodate the new environment and offices having a lot of IT equipment and also to facilitate the trade it was felt necessary that mezzanine floor of the Custom House besides the previous Cash and Accounts Section be re-designed for the Model Custom Collectorate. In the year 2004 Model Custom Collectorate was established and its new offices were placed in the newly constructed extrusion of the Custom House building. At present the building of Custom House Karachi is accommodating following Collectorates and Directorates; COLLECTORATE OF CUSTOMS PREVENTIVE COLLECTORATE OF CUSTOMS APPRAISEMENT MODEL CUSTOMS COLLECTORATE COLLECTORATE OF CUSTOMS EXPORTS DIRECTORATE OF INTERNAL AUDIT DIRECTORATE OF INSPECTION CONTROLLER VALUATION IOCO CAMP OFFICE OF CHAIRMAN/MEMBER FBR OFFICE OF THE CHIEF COORDINATOR COMPUTERIZATION AND PROGRAMMING At present almost 1500 staff members are using this building and a lot of people from various trade communities also visit the Custom House, Karachi for their routine day to day work. source:-cbr.gov.pk

The Karachi Port Trust Building

KPT Tower Complex

KPT Tower Complex

The Karachi Port Trust (KPT) has announced that Aedas is the winner of an international architectural competition for the design of a new landmark waterfront development in Karachi, Pakistan.

The mixed-use project will be the first such landmark building built in Karachi Port. The scheme has two aims: to act as catalyst to some major regeneration initiatives planned for the port by KPT as it develops its land bank; and to provide a new landmark for this new Commercial Business District by the waterfront.

Endorsed by Pakistan’s President General Pervez Musharraf, designs also include residential, retail and conference facility space in addition to its core commercial facility.

The distinct form will be an instantly recognisable symbol. It responds to ecological concerns to reduce carbon footprint, setting a precedent in Pakistan for environmental building standards though the use of passive design principles and techniques of environmental control.

At the centre of the development is an 80 storey helical tower with glazed outer skin. This will house 102,000 sq m of office accommodation, on top of which will sit a 250-bed 5* hotel across the top 21 storeys. The hotel will also include 30 luxury serviced apartments and a swimming pool, and give immaculate views over the Indian Ocean.

Three further towers echo the design, each of varying heights, arranged around a lake. These will each include 280 serviced apartments with a further 70 apartments above 10,000sq m of high-end retail development. The scheme also features a 1,200-seat convention centre and exhibition hall and an underground 2,500 space car-park.

David Kingdom, project director comments:
“Over the last six months we have worked to develop a concept design that satisfies an international demand for BCO standard office space and answer an extreme shortfall in 5* hotel and high class residential facilities identified by the Karachi Port Trust.

This is the first step in developing a large swath of reclaimed land at Karachi Port, a promising area of prime commercial and residential development.”

Aedas is being assisted by MM Pakistan and Mott MacDonald UK & Dubai. The project is due to start on site in April 2007.

DHA KARACHI

The perennial history of DHA is an embodiment of a cherished journey of progress and advancement. A city within a city, DHA over the years has come to be known as one of the finest and the biggest housing project scheme of the country. The Housing Authority infused with a sprit of modernity and dynamism is constantly moving ahead to meet the challenging requirements of the future. To meet the emerging requirements of time and to stay up with the pace of progress, DHA has launched some futuristic landmark projects, which will serve as examples of pride and accomplishment. DHA as a forward looking organization with hands on the present and eyes for the future is poised to achieve new heights of glory with a promise for a shining and cherished future.

IMF agrees to boost Pakistan’s loan to $11.3 Billion

The International Monetary Fund agreed to increase a loan to Pakistan by $3.2 billion to buttress an economy and budget hurt by a war against Taliban insurgents and a global recession. The expanded financing brings the total loan outstanding from the IMF to $11.3 billion, or about 6.3 percent of Pakistan’s gross domestic product, the Washington-based lender said in the statement. The entire standby arrangement also was extended by about two months until the end of 2010. “Pakistan’s economy has continued to stabilize,” IMF Deputy Managing Director Murilo Portugal said in an e-mailed statement. “Reforms in the financial sector and the foreign exchange market have been progressing, and steps have been taken to strengthen the social safety net.” The country turned to the IMF for a $7.6 billion credit line last year after its current-account deficit widened to a record and its foreign reserves shrank 75 percent in a year to $3.45 billion. Pakistan agreed on July 16 to cut power subsidies almost 50 percent this year to meet a condition set by the IMF for the November bailout. The additional aid is needed to shore up the government’s finances as it fights the Taliban at an annual cost of $8.5 billion. IMF executive directors agreed to let the government use a portion of the increased loan to finance priority spending, including expenditures to help displaced people until donor pledges are received, they said. Pakistan’s army last month said it killed more than 1,600 Taliban militants in a 10-week offensive to regain control of the northwestern Swat district after the group seized territory in violation of an accord with the government that allowed Islamic law to be introduced in the region. The IMF board also authorized an immediate disbursement of $1.2 billion after a second review of the original loan, while granting Pakistan several waivers for not meeting criteria including a fiscal deficit target. “Fiscal discipline is a key issue,” Adnan Mazarei, the IMF’s mission chief for Pakistan, said on a conference call yesterday. The introduction of a value-added tax “will hopefully raise revenue and broaden the tax base.” The IMF said the authorities’ monetary policy should “remain vigilant about preventing a resurgence of inflation.” Pakistan’s economy has ground almost to a halt as the global recession erodes exports and deters investment. The $146 billion economy may expand as little as 0.8 percent in the year to June 2010, according to HSBC Holdings Plc, the weakest pace since 1952. Pakistan stocks rose yesterday on reports top Taliban guerrilla commander Baitullah Mehsud, who ordered suicide bombings nationwide and had a $5 million bounty on his head, may have been killed in a U.S. missile strike. The Obama administration hasn’t yet verified the reports, White House Press Secretary Robert Gibbs said.

Pakistan to Seek Additional $4.5 Billion IMF Loan

By Khaleeq Ahmed and Khalid Qayum

Feb. 16 (Bloomberg) -- Pakistan will seek a further $4.5 billion loan from the International Monetary Fund, warning that the country’s fight against terrorists is hurting the economy.

“We will ask the board of directors for the amount as the war on terror has caused serious economic problems,” ,Shauqat Tareen the finance adviser to the prime minister, said yesterday in a telephone interview from Islamabad. The additional funds would boost the country’s total borrowing from the IMF to more than $12 billion, he said.

President Asif Zardari is facing pressure from the U.S. to step up the fight against Taliban and al-Qaeda insurgents along the border with Afghanistan. The government forecasts the economy will grow at its slowest pace in seven years after raising interest rates as part of IMF conditions for a $7.6 billion loan in November.

“The government should seek aid from the U.S. and not loan from the IMF as compensation for fighting terrorists,” said Muzzammil Aslam, an economist at KASB Securities Ltd. in Karachi. “The IMF loan can only be used for balance of payments and building foreign reserves. Before asking for more loans, the government needs to say how it will pay back.”

South Asia’s second-biggest economy sought the IMF loan, to be disbursed over 23 months, to avoid defaulting on its debt. The country got $3.1 billion as the first installment, boosting foreign-currency reserves held by the central bank to $6.9 billion in February from $3.45 billion four months ago.

U.S. Aid

The country has received about $10 billion in aid from the U.S. since 2001, when former president Pervaiz Musharraf became an ally in the global campaign against terrorism. Musharraf quit in August.

Pakistani and IMF officials began two weeks of talks in Dubai, United Arab Emirates, yesterday as part of a review for disbursing the second installment of the November loan program, Tarin said, without saying how much the country is spending on fighting militants.

Pakistan doesn’t want to negotiate new conditions with the IMF at the end of the 23 months for the additional funds it’s seeking, Tarin said. The country wants the new request to come under the existing program, he said.

“We have met all major conditions” set by the IMF, he said.

State Bank of Pakistan, the nation’s central bank, last month kept its benchmark interst rate unchanged at 15 percent as inflation in January slowed to an eight-month low of 20.52 percent. In November, the central bank had raised the key rate by two percentage points, the most in more than a decade, as part of conditions for the IMF loan.

‘Not the Time’

“It is not the time to borrow more,” KASB’s Muzzammil said. “It is time to consolidate the economy and adjust policies for pro-investment activities. The government needs to cut interest rates to boost businesses.”

Higher borrowing costs have dented growth in the $144 billion economy, which is predicted by the government to expand at the slowest pace in seven years after growing an average 6.8 percent in the past five years. Suicide attacks by militants in the past two years in reaction to the military operation in tribal regions has deterred foreign investment and hurt local companies including NBP.

The government is targeting a budget deficit of 4.2 percent of gross domestic product this fiscal year ending June 30, from a decade-high of 7.4 percent last year. Pakistan’s rupee plunged 22 percent in 2008 against the dollar.

Pakistan completed its last IMF program in 2004 with a credit rating from Standard & Poor’s of B+, four levels below investment grade. S&P in December raised Pakistan’s rating one level to CCC+, or seven levels below investment grade, after the IMF loan.

source:-bloomberg.com

State Bank of Pakistan Policy

SBP set to cut policy rate by 100-150 basis points KARACHI: The State Bank of Pakistan (SBP) is all set to cut the policy rate by 100-150 basis points and end the single policy rate regime by introducing new mechanism for liquidity management in order to fulfil IMF condition, sources told Business Recorder on Friday. FOREX RATES IN PAKISTAN Updated on: Sat, August 15, 2009, 11:14 (PST) Courtesy : ECAP Remittance Buying Selling Trends USD 82.40 82.80 GBP 134.28 136.79 SR 21.72 22.05 UAE 22.18 22.52 NEWZ 43.5 43.8 AUS 67.39 68.81 EUR 115.21 117.66 CAD 73.93 75.09 HONG 10.35 10.62 IND 1.58 1.68 JPY 0.8540 0.8687

All About Karachi

University of Karachi is located in the city of Karachi, the main city and capital of Sindh province, southern Pakistan with a population of over 15 millions. It is the country's largest city and principal seaport and is a major commercial and industrial centre. Karāchi is located on the coast of the Arabian Sea immediately northwest of the Indus River Delta. The city proper covers an area of 228 square miles (591 square km), while the metropolitan area of Greater Karāchi spreads out over an area of 560 square miles.

The city has been variously called Caranjee, Crochey, Krotchey, Currachee, and Kurrachee. All its names are believed to be derived from the Sindhi nameof the original settlement that initially stood on the spot—Kalachi-Jo-goth (meaning the village of Kalachi—the headman of the tribe). The impetus to Karāchi's development originally came from its role as the port serving the Indus River valley and the Punjab region of British India. The development of air travel subsequently increased Karāchi's importance. It is also the port serving the landlocked country of Afghanistan. The People No ethnic group predominates in the city. Cultural and social activities essentially revolve around religion. The population is almost entirely Muslim, but there are also small Christian, Hindu, Parsi, Buddhist, and Jain minorities. Most of the Muslims are of Indian or Pakistani origin, except for “Makranis” and “Shiddies,” who have black African ancestry. They originated during the era of the slave trade in the days before British rule, when Karāchi was an important slave-trading centre. Some of the members of the Christian minority are of Indo-Pakistani origin, while others are descended from Portuguese or other European groups. Climate Karāchi has pleasant weather for the greater part of the year. May and June are the hottest months, when the mean maximum temperature is about 93 °F (34 °C). Spells of enervating weather occasionally prevail in May and October, during which the temperature shoots up to 105 °F (41 °C). The coolest months are January and February, during which the mean minimum temperature remains about 56 °F (13 °C). A biting north wind occasionally blows in these months, during which the temperature may drop to 40 °F (4 °C). The relative humidity varies from 58 percent in October, the driest month, to 82 percent in August, the wettest month. The average rainfall is 8 inches (203 mm); most of the rain falls during a total of 9 or 10 days in the months of June, July, and August. Karachi Airport Karachi Airport, commonly known as Quaid-e-Azam International Airport is a strategically located gateway to the Far East and Europe. The airport provides facilities for almost 6 million passengers, with over 50,000 annual aircraft movements and contributes Rs. 3 billion in economic benefits to the region. Karachi City Map

PICTURES OF THATTA

Architecture in Pakistan: A Historical Overview

Frere Hall
Raised in memory of Sir Bartle Frere (Commissioner of Sindh 1851-1859) this Venetian Gothic style building was designed by Colonel Clair Wilkins whose proposal was selected from 12 entries, in what was perhaps the first recorded architectural design competition for a public building in Sindh. Completed in 1865 at a cost of Rs.1,80,000 out of which Rs. 22,500 was raised for the memorial through public donations, the building was officially inaugurated by Commissioner Mansfield on 10th Oct. 1865. The gardens around the building were added in 1887-88 by Mr. Benjamin Flinch. Originally the statues of Queen Victoria and King Edward (both of which have now been removed), adorned the garden. The upper floor of this two storied yellowish Karachi limestone building, consists of a 70 ft x 24 ft hall and an orchestral gallery. In yesteryears this building was the hub of Karachi’s socio-cultural activities and also served as a Town Hall with regular public meetings, concerts and theatrical performances. The ground floor is now occupied by the Liaquat Municipal Library.




Merewether City Tower, Karachi

Angelina Jolie in Pakistan

The beautiful Angelina Jolie in Pakistan. She also helped many earthquake victims in Pakistan. God Bless her.






Angelina Jolie walking with former Prime Minister of Pakistan Shaukat Aziz.

Tomb of Quaid-e-Azam

A beautiful picture of Mazar-e-Quaid, the tomb of the founder of Pakistan Quaid-e-Azam Muhammad Ali Jinnah. Mazar-e-Quaid is in Karachi, Pakistan.

ITCN 2009: Review of Pakistan IT Exhibition

ITCN 2009, or 9th ITCN Asia Exhibition and Conferences, held at Karachi Expo Center during August 11-13. While this year’s event missed the fanfare and crowd of ITCN 2008 it had its share of one-timers testing out what could be termed as Pakistan’s version of GITEX.

I visited ITCN on the last day. Here are my observations:

• Due to lack of floor map/exhibitors’ directory either at venue or on ITCN Asia Web site, it was difficult to navigate around the halls.
• Major sponsor of ITCN 2009 was Ras Al Khaimah Free Trade Zone (authority. As they were looking to attract more investors to recession-infested UAE and Ecommerce Gateway (organizers of ITCN) wanted a sponsorship, apparently it was a win-win deal for both.

• Main attraction of the event were booths of PTCL, Ufone and Wateen. Zong was there, as well as WorldCall and wi-tribe, but no Telenor.

• Dell was selling over-priced laptops and the sales staff was not interested (or too tired) to describe features. When I asked the person what offers they have in ITCN, he said they are not charging 16% GST with laptop price which one has to pay at retail shop. Way beyond me.
• There was no one on the booth of Information Technology Department of CDGK to represent the City Government. The person I interacted with, who was managing the “Command and Control Center” video, turned out to be an employee of an that has deployed C&C Center and is now managing it on behalf of the CDGK. Incidentally CDGK has implemented the back in July 2008 but we have yet to see what it has achieved so far.
• E.Ocean was offering SMS based solutions, including Branded SMS, SMS Messanger etc. However, their is displaying ads through Google Adsense, certainly not a good business tactic.
• There was a booth titled “Pakistan Web Awards 2009″. On inquiry I was told that this is Pakistan’s First Website Awards, “patronized” by Sindh Ministry of IT and managed by a marketing company called The Xeptionalz. The does not elaborate on judging process, jury and who is really behind this. While the does not even has an under-construction page. To me, it is clearly a Topi Drama.
• Then there was a company called StarChika which was clearly selling email and SMS spam campaigns. The guy at their booth insisted on visiting the , which is as dumb as their marketing skills. I asked the guy if they have opt-in SMS lists and do they not spam people? He responded that they keep trying till the message is not delivered. I asked again if they spam, on which he said Yes. I bet the poor sod was unable to get what I meant by spam.
• Last but not least, there was a social network website for Pakistanis. While the site itself is in beta and it is not possible to learn much of the feature or number of users, I strongly object on the sticker they were distributing at ITCN. What sort of Pakistan image they are trying to promote?

All in all, in my opinion ITCN 2009 was an event for the teens/young adults to hangout and learn about technology (if they get some spare time) and had not much for the corporate visitors.

Development Work in Clifton, Karachi

While the City District Government of Karachi (CDGK) pats itself on back and never takes a break in self-praising on ‘Development Work’ in Karachi, a picture is better than thousand words.

Following are some images taken at Bath Island, Clifton. The development work is under progress since last 5 months without any real sign of ‘development’ yet. This road is used by the Corps Commander for his daily commute during which nobody is allowed to cross the bridge by foot.

Regent Plaza

15 minutes from Quaid-e-Azam International Airport. Regent Plaza Hotel & Conventi-on Centre Karachi is conveniently located within 10 minutes driving distance from the city main business district, government offices, shopping malls,entertainment venues and beaches of the Arabian Sea.

The hotel has a grand façade, which leads into an elegantly decorated lobby present-ing an eye catching blend of National and International décor. The multi lingual staff at the front desk ensures that all guests’ needs are met instantly. The hotel has 440 luxurious and well appointed guests’ rooms, which cater to all the needs of the busin-ess and holiday travelers.These rooms include Presidential Suites, Executive Suites and Business Suites beside Standard Rooms, Deluxe Rooms, Executive Rooms and Executive Deluxe Rooms. Regent Plaza Hotel & Convention Centre, Karachi has rece-ntly undergone a massive refurbishment which has resulted in the hotel enhancing its quality and desirability.

The dining has been made a special pleasure at the signature restaurant Almas whe-re novel cosine is a regular feature. Jharoka Coffee Shop, a round the clock dining spot, a place most suitable for friends to meet informally. The Regent Plaza Hotel & Convention Centre has banqueting facility from 15 to 1500 persons at a time, besid-es 10 board rooms for business meeting up to 50 persons each.

In addition to the services and facilities offered, the location of the hotel makes it very secure as it is located in the cantonment area surrounded by at least five milita-ry installations; besides, the hotel is situated at the main Shahrah-e-Faisal, the broa-dest of the roads in the city, where the flow of the traffic remains uninterrupted. The in-house security set up ensures the safety and security of the guests as the system operates on round the clock basis

Dreamworld Resort, Karachi

Dream World Resort provides a wide range of tourist and recreation facilities. It is situated very close to Gulshan-e-Maimaar. There is a golf course, two beautiful rippling water lakes, water slide rides and a beautiful world class restaurant. Artificial lake is the country's first sea maker and an area of fantastic and incredible show the most spectacular water, light and music performance.

Dream World Resort Karachi Pakistan

HOTEL DESCRIPTION: The area, which is accessible from all parts of the city, is adjacent to Gulshan-e-Maymar, off main Super Highway. Just 20 minutes drive from the Civic Center, sprawling over about 150 acres of land makeup the oasis of your dreams. An oasis, which is truly, literally, and virtually an oasis. An oasis that is all set and rolling to serve all your purposes, exclusively. A serene and tranquil gateway family resort for you and your family to rejuvenate the mind and the body. At the Resort, you along with your family will be able to keep yourself busy and entertained for the whole day long, starting of with your breakfast and ending up with dinner! For such an entertaining, amusing and recreational distraction, you need.. well of course the Dream World Family Resort! A place where you will be assured security, privacy and the class of the people in all respects. This matter is not to be worried about as entrance to the Resort is restricted for members and their guests, exclusively. A person, who is able to satisfy all the aspects of the membership criteria, as set by the selection committee, can become a member along with his/her family. HOTEL FACILITIES: Galaxy Restaurant (Hilltop) Housed in a beautifully octagonal building strategically located on a hilltop. It caters for over 200 guests, serving Chinese & continental delights. LADIES SWIMMING POOL - Purpose built separate swimming pool for ladies only, offering best swimming and water games. Steam Bath, Sauna & Jacuzzi facilities are also co-located under the watchful eyes of ladies instructors and helpers. Outdoor Business and Conferences Dreamworld Beach Golf Course Fun for the Kids Motor Action Sporting Activities Water Slides Restaurants Upcoming Facilities Musical Dancing Fountain Cartoon Character