Its major investments include the Financial Services, Industrial Promotion Services (IPS) and Tourism Promotion Services (TPS).
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In Uganda, a new airline, Air Uganda, formed in 2007, fills a void that has been vacant since the national airline, Uganda Airlines, collapsed in 2000.
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Under the brand name Serena, TPS constructs and maintains a multitude of resorts, hotels and other tourist attractions that serve to stimulate local economic growth through increased employment, development of a skilled workforce, increased productivity of local businesses (particularly in the design and craft spheres) and the general development of given areas.
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Aga Khan Fund for Economic Development (AKFED) is one of eight agencies operating under the direction of the umbrella organization, Aga Khan Development Network (AKDN), founded and Chaired by His Highness the Aga Khan.
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AKFED’s first telecommunications initiative is known as Indigo, a GSM mobile phone project based in Tajikistan.
International Monetary Fund | Genghis Khan | World Economic Forum | Chaka Khan | United Nations Industrial Development Organization | International Development Association | United Nations Conference on Trade and Development | Shahrukh Khan | International Bank for Reconstruction and Development | International Fund for Agricultural Development | African Development Bank | USL Premier Development League | United States Agency for International Development | European Economic Community | Integrated development environment | Asian Development Bank | United States Department of Housing and Urban Development | Salman Khan | Inter-American Development Bank | hedge fund | Aamir Khan | World Wide Fund for Nature | United Nations Economic Commission for Europe | Millennium Development Goals | Organisation for Economic Co-operation and Development | Economic Community of West African States | Imran Khan | European Bank for Reconstruction and Development | Khan | Steinhardt School of Culture, Education, and Human Development |
The Aga Khan Fund for Economic Development with its affiliates, the Tourism Promotion Services, Industrial Promotion Services, and Financial Services, seek to strengthen the role of the private sector in developing countries by supporting private sector initiatives in the development process.
Celestair Group represents an alliance of three airlines under the Aga Khan Fund for Economic Development, AKFED, and benefits from technical and operative support from other airlines owned by the Aga Khan, such as Meridiana and Eurofly of Italy.
On 13 June 2002, Pakistan's Privatization Commission announced that the Government of Pakistan would grant the Aga Khan Fund for Economic Development (AKFED), a subsidiary of the Aga Khan Development Network, majority ownership of HBL against an AKFED's investment in the bank.