Air Headquarters (Pakistan Air Force) Air Headquarters (Pakistan Air Force) Air Headquarters (AHQ) is the Headquarters of Pakistan Air Force, located at Islamabad. Initially it was established at Peshawar on 15 August 1947. Later it was moved to Karachi on 1 June 1948 and back to Peshawar in 1960. In 1983 construction of Air headquarters was started at Islamabad after it was decided to have all the armed forces headquarters in the capital city. On 1 August 2005 the headquarters was moved from Chaklala, Rawalpindi to Islamabad. During the construction of the headquarters building at Islamabad the headquarters offices were housed at PAF base Chaklala.
Economy of Islamabad Economy of Islamabad Islamabad is the capital of Pakistan and a net contributor to the Pakistani economy. Whilst having only 0.8% of the country's population, it contributes 1% to the country's GDP. The Islamabad Stock Exchange, founded in 1989, is Pakistan's third largest stock exchange after Karachi Stock Exchange and Lahore Stock Exchange. The exchange has 118 members with 104 corporate bodies and 18 individual members. The average daily turnover of the stock exchange is over 1 million shares. As of 2012, Islamabad LTU (Large Tax Unit) was responsible for Rs 371 billion in tax revenue, which amounts to 20%