 | |
| Company type | Corporate group |
|---|---|
| Founded | 1960 |
| Headquarters | , Pakistan |
Key people | Sadruddin Hashwani (chairman) |
| Total assets |  US$3.8 billion (2021) |
| Website | hashoogroup |
Hashoo Group, also known as Hashwani Group, is a group of companies headquartered in Karachi. It is active in hospitality, oil and gas sectors. It was founded in 1960. [1]
Hashoo Group was established in 1960 as Hassan Ali & Company, a commodities trading company based in Karachi Port. By the 1970s, it had become one of Pakistan's largest trading companies. However, in 1972, the Government of Pakistan nationalized cotton and rice exports leading the Hashoo Group to diversify into the hospitality sector. In 1978, the group established Holiday Inn Hotel in Karachi, and then another one in Islamabad in 1981. Both of the hotels were converted into Marriott brand in the 1990s. In 1985, the group made a successful bid for the majority shares of Pakistan Services Limited, which then owned four Inter-Continental Hotels across Pakistan, the hotels were re-branded into Pearl-Continental Hotels. [2]
In 1995, Hashoo acquired the US-based corporation Occidental Petroleum's Pakistan operations (now known as Orient Petroleum Inc.).
In 2001, Hashoo acquired the Destinations of the World franchise in Pakistan. In 2012, the group launched Hotel One, a mid-range hotel chain in Pakistan. [3]
In October 2013, Tullow Pakistan exited the Pakistani market and sold its assets to Ocean Pakistan Limited, a subsidiary of the Hashoo Group. [4]
In March 2016, BHP Billiton sold its Pakistani oil and gas operations to Hashoo Group. [5]
BHP Group Limited, also known as Broken Hill Proprietary Company and formerly as BHP Billiton is an Australian multinational mining and metals public company that was founded in August 1885 and is headquartered in Melbourne, Australia.
WMC Resources Limited was an Australian diversified mining company.
Sultanabad is a multiethnic katchi abadi, or informal settlement, located in central Karachi, Pakistan.
Pakistan Petroleum Limited (PPL) (Urdu: پاکستان پیٹرولیم) is a Pakistani state-owned petroleum company headquartered in Karachi. It operates major oil and gas fields, including the Sui gas field, has non-operating interests in other fields, and has an interest in an exploration portfolio onshore and offshore. Its managing director reports to the Petroleum Secretary of Pakistan.
Meezan Bank Limited is a Pakistani Islamic bank headquartered in Karachi. It is the largest Islamic bank and the largest bank based on market capitalization in Pakistan.
Pakistan Services Limited, doing business as Pearl-Continental Hotels & Resorts, is the largest chain of Premium, Luxury and Select Service hotels in Pakistan with properties in Karachi, Lahore, Rawalpindi, Bhurban, Muzaffarabad and Malam Jabba, and under construction in Multan, Attabad Lake, Sukkur, and Mirpur.
Oil & Gas Development Company Limited, commonly known as OGDCL is a Pakistani state-owned oil and gas company headquartered in Islamabad. It has a primary listing on the Pakistan Stock Exchange, and secondary listing on the London Stock Exchange. The rest are held by private investors. For the financial year 2022, it reported net sales of Rs 335.46 billion and profit of Rs 133.78 billion.
Makhdoom Ali Khan, is a Pakistani lawyer who is a Senior Advocate Supreme Court. Khan has held several positions, including Attorney General of Pakistan, chairman of the Pakistan Bar Council, member of the Law and Justice Commission of Pakistan, board member of the Federal Judicial Academy of Pakistan and of the Sindh Judicial Academy.
Bahria Town (Private) Limited is an Islamabad-based privately owned real-estate development company which owns, develops and manages properties across Pakistan.
The Islamabad Marriott Hotel bombing occurred on the night of 20 September 2008, when a dumper truck filled with explosives was detonated in front of the Marriott Hotel in the Pakistani capital Islamabad, killing at least 54 people, injuring at least 266 and leaving a 60 ft wide, 20 ft deep crater outside the hotel. The majority of the casualties were Pakistanis; at least five foreign nationals were also killed and fifteen others reported injured. The attack occurred only hours after President Asif Ali Zardari made his first speech to the Pakistani parliament. The Marriott was the most prestigious hotel in the capital, and was located near government buildings, diplomatic missions, embassies and high commissions.
Sadruddin Hashwani is a Pakistani hotelier and businessperson who is the chairman of Hashoo Group.
The Susse Chalet brand was a chain of franchise hotels with all locations in the United States in the Northeast and mid-Atlantic states. Hotels featured free local calls, dataports, expanded cable television, and continental breakfast. Most properties offered meeting facilities and swimming pool. The chain was sold in 2000 and the brand phased out shortly after.
Sir Andrew Stewart Mackenzie is a Scottish businessman, who is the chairman of Shell plc and formerly CEO of BHP Billiton, the world's largest mining company. He succeeded Marius Kloppers, on 10 May 2013, and was succeeded by Mike Henry, at the start of 2020.
Pakistan Fashion Week (PFW) is a fashion event annually held in Karachi, Pakistan. The event is organised by the Fashion Pakistan Council (FPC) an organisation based in Karachi. The FPW was first launched in 2009 in Marriott Hotels, Karachi.
Nishat Group is a group of companies headquartered in Lahore, Pakistan. The company was founded by Pakistani business magnate Mian Muhammad Yahya in 1951. Mian Muhammad Mansha is the current chairman of the group.
Puma Energy Pakistan, formerly known as Admore Gas, is a Pakistani oil marketing company based in Karachi. It operates more than 470 petrol pumps in the country.
Jubilee Insurance is a Pakistani general and life insurance company headquartered in Karachi. It is a subsidiary of Swiss for-profit organization Aga Khan Fund for Economic Development. As of 2016, it was one of the largest insurance companies in Pakistan.
Philip Morris Pakistan, formerly known as Lakson Tobacco Company, is a Pakistani tobacco manufacturing company which is a subsidiary of Philip Morris International. It is headquartered in Karachi, Pakistan. The company is involved in the manufacturing and sale of cigarettes and tobacco products.
Unique Group is a Bangladeshi diversified conglomerate based in Dhaka. Salina Ali is the chairperson and Mohammad Noor Ali is the managing director of Unique Group.
