Saif Group

Last updated

Saif Group
Company typeHolding
PSX:  SAIF
PSX:  KOHTM
PSX:  SPWL
Industry Textile, Power Generation
Founded1927 (1927)
FounderKhan Faizullah Khan
Headquarters Islamabad, Pakistan
RevenueIncrease2.svg $2 billion
Owner Saifullah Khan family
Website saifgroup.com

Saif Group is a group of companies headquartered in Islamabad. The companies are involved in power, health care, textiles, real estate and telecommunications. [1] It is owned by Saifullah Khan family.

Contents

Subsidaries

Saif Group of Companies manages and owns 11 companies. [2]

Health Care

Its health care division Saif Healthcare Limited owns and manages:

Textile Division

Its textile division owns and manages three companies:

Energy Division

Pakistan depends on natural gas to meet nearly half of its energy needs. Oil takes care of nearly 30% of its requirements. As a country, Pakistan remains underexplored for oil compared to the rest of the world largely because power generated from river resources (hydel power) and natural gas are cheaper to develop: [1] Jehangir Saifullah Khan is in charge of day-to-day operations in the Energy Division. [1]

Real Estate Development

The Saif Group is developing an area of open land located near Islamabad International Airport into a luxury planned urban development in conjunction with the real estate investment company of Egypt's Sawiris family(EIGHTEEN ISLAMABAD) . [10]

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References

  1. 1 2 3 4 Megha Bahree (21 September 2009). "Drilling Amid the Taliban". Forbes.com website. Retrieved 30 September 2017.
  2. "Rs22.2m for Balochistan quake survivors". The Nation (newspaper). 3 December 2013. Retrieved 30 September 2017.
  3. Malik, Rashid (30 November 2012). "Pakistan Stocks: with ticker symbol SAIF (Saif Textile Mills Limited) - Analysis - 30/11/2012". Pakistan-stocks.blogspot.com. Retrieved 30 September 2017.
  4. Lafarge, Saif Group Holdings sign agreement Business Recorder (business newspaper), Published 14 September 2013, Retrieved 30 September 2017
  5. Ahmad, M. Ghufran; Rasheed, Danish (6 March 2018). "Mediterranean Textile Company: Negotiating for the Release of Hostages". Asian Journal of Management Cases. 15 (1): 92–101. doi:10.1177/0972820117744686 via CrossRef.
  6. "Mediterranean Textile Company". Saif Group. Retrieved 30 September 2017.
  7. "Power Generation". Saif Group. Retrieved 20 May 2016.
  8. "Saif Group was making efforts to setup a cement plant". 8 February 2020.
  9. "Oil & Gas Exploration". Saif Group. Retrieved 20 May 2016.
  10. Abbas, Ghulam (22 October 2018). "Eighteen: How an Egyptian company is building a new $2 billion Islamabad suburb".