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Karachi is Pakistan's premier centre of banking, industry, and trade and home to Pakistan's largest corporations, including those that are involved in textiles, shipping, automotive industry, entertainment, the arts, fashion, advertising, publishing, software development and medical research. The city is a major hub of higher education in South Asia and the wider Islamic world and is ranked as a Beta world city. Karachi enjoys its prominent position partly because of its location on a bay, making it the financial capital of the country. It is one of the fastest growing cities in the world. It was the original capital of Pakistan until the construction of Islamabad and is the location of the Port of Karachi and Port Bin Qasim, one of the region's largest and busiest ports. After the independence of Pakistan, the city's population increased dramatically when hundreds of thousands of Urdu speaking migrants or Muhajirs from India, East Pakistan (later Bangladesh) and other parts of South Asia came to settle in the city. The city is spread over 3,530 km2 (1,360 sq mi) in area, almost five times bigger than Singapore. It is locally known as the "City of Lights" (?????? ?? ???) and "The bride of the cities" (???? ??????) for its liveliness, and the "City of the Quaid" (???? ????), having been the birth and burial place of Quaid-e-Azam (Muhammad Ali Jinnah), the founder of Pakistan, who made the city his home after Pakistan's independence.

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