Sadruddin Hashwani | |
---|---|
Born | |
Nationality | Pakistani |
Alma mater | University of Karachi |
Occupation | Businessman |
Honours | Nishan-e-Imtiaz |
Sadruddin Hashwani is a Pakistani hotelier and businessperson who is the chairman of Hashoo Group.
Sadruddin Hashwani was born in 1940 in Karachi, Sind, British India into a Khoja Isma'ili family. [1] Hashwanis had migrated with the third Ismaili Imam Agha Khan from Persia in the early 1900s and settled in Lasbela, Balochistan. Hashwani studied at the University of Karachi and in 1960 founded the Hassan Ali Company along with his brother. By 1970s, it had become one of the leading cotton trading company of Pakistan. However, the company was nationalised in 1973. In 1978, he launched the Holiday Inn hotel in Karachi in 1981 and later in Islamabad. Both of the hotels were converted into Marriott brand in 1990s. In 1985, Hashwani 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 as Pearl-Continental Hotels. [2]
In 2014, Hashwani published his best-selling memoir Truth Always Prevails. [3] [4]
In April 2016, he and his son, Murtaza Hashwani, were named in the Panama Papers. [5]
Karachi is the capital city of the Pakistani province of Sindh. It is the largest city in Pakistan and the 12th largest in the world, with a population of over 20 million. It is situated at the southern tip of the country along the Arabian Sea coast and formerly served as the capital of Pakistan. Ranked as a beta-global city, it is Pakistan's premier industrial and financial centre, with an estimated GDP of over $200 billion (PPP) as of 2021. Karachi is a metropolitan city and is considered Pakistan's most cosmopolitan city, and among the country's most linguistically, ethnically, and religiously diverse regions, as well as one of the country's most progressive and socially liberal cities.
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The Pakistan Muslim League (N) (PML(N) or PML-N; Urdu: پاکستان مسلم لیگ (ن)) is a centre-right, conservative liberal political party in Pakistan. It is currently the third-largest party in the Senate and the largest in the National Assembly. The party was founded in 1993, when a number of prominent conservative politicians in the country joined hands after the dissolution of Islamic Democratic Alliance, under the leadership of former Prime Minister Nawaz Sharif. The party's platform is generally conservative, which involves supporting free markets, deregulation, lower taxes and private ownership. Although the party historically supported social conservatism, in recent years, the party's political ideology and platform has become more liberal on social and cultural issues; however, members have been accused of using Islamist populist rhetoric. Alongside the Pakistan Tehreek-e-Insaf (PTI) and Pakistan People's Party (PPP), it is one of the three major political parties of the country.
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Mövenpick Hotels & Resorts is a Swiss hotel management company headquartered in Baar, Switzerland. It is fully owned by Accor since the September 2018 acquisition from former shareholders Mövenpick Holding (66.7%) and the Saudi-based Kingdom Group (33.3%). It operates over 80 properties, including hotels, resorts and Nile cruisers, with another 30 resorts planned or under construction across the Middle East and Asia. The hotel chain serves 5.8 million people per year.
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