2007, August 27:Kuala Lumpur will host the triennial 2007 Aga Khan Award for Architecture, touted as the world's largest and most important architectural award with prizes totalling US$500,000, at the Dewan Filharmonik Petronas in the Petronas Twin Towers here on Sept 4.Prime Minister Datuk Seri Abdullah Ahmad Badawi and the Aga Khan, the spiritual leader of the Shia Imami Ismail Muslims, will announce this year's winners. [Bernama] [News] [Bernama Stamp]
2007, September 4:It was among nine projects that split the $500,000 Aga Khan award, awarded every three years and founded by philanthropist Prince Karim Aga Khan in 1977 to recognize and encourage designs that met 'the needs and aspirations of Muslim societies'. [Speech] [Press Release] [Reuters] [AFP] [Hindu News Service] [Reuters] [Bernama] [Photos] [Inhabitat] [Architectural Record] [More Photos]
The Aga Khan Fund for Economic Development (AKFED) concluded the privatisation of Habib Bank Ltd (HBL) with the Privatisation Commission formally granting AKFED rights to 51 percent of the shareholding in HBL against a committed investment of Pakistani Rupees 22.409 billion (US$389 million).
The Petronas Twin Towers, which won the 2004 Aga Khan Award for Architecture, have been described as an icon that 'expresses the sophistication of contemporary Malaysian society and builds on the country's rich traditions to shape a world city'.
A statement from the Aga Khan Trust for Culture Sunday said the twin towers represented a new direction in skyscraper design, featuring advanced technology while symbolising local and national aspirations.