Saif Group

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

Saif Group is a Pakistani conglomerate company largely focused on textile industry and is owned by Saifullah Khan family.

Contents

It is based in Islamabad and is involved in power, health care, textiles, real estate and telecommunications. [1]

Major projects of the group

Saif Group of Companies manages and owns 11 companies. [2] [3] [4]

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. 1 2 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. "SAIF TEXTILE MILLS Limited - Textile Spinning Mills - Islamabad". Pagespak.com. Retrieved 30 September 2017.
  5. Lafarge, Saif Group Holdings sign agreement Business Recorder (business newspaper), Published 14 September 2013, Retrieved 30 September 2017
  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".