The history of urban settlement in the area of modern-day Dhaka dates to the first millennium. The region was part of the ancient district of Bikrampur, which was ruled by the Sena dynasty. Under Islamic rule, it became part of the historic district of Sonargaon, the regional administrative hub of the Delhi and the Bengal Sultanates. The Grand Trunk Road passed through the region, connecting it with North India, Central Asia and the southeastern port city of Chittagong.
Dhaka is the financial, commercial and the entertainment capital of Bangladesh. It accounts up to 35% of Bangladesh's economy. The Globalization and World Cities Research Network ranks Dhaka as a beta-global city. The city is home to the country's monetary authority, the Bangladesh Bank, and the largest stock market, the Dhaka Stock Exchange. The main commercial areas of the city include Gulshan, Banani, Kawran Bazar, Motijheel, Mohakhali, and Dilkusha. While Tejgaon and Hazaribagh are the major industrial areas. The city has a growing middle class, driving the market for modern consumer and luxury goods. Restaurants, shopping malls and luxury hotels continue to serve as vital elements in the city's economy.
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