Saif Groupis agroup of companiesheadquartered inIslamabad.The companies are involved inpower,health care,textiles,real estateandtelecommunications.[1]It is owned bySaifullah Khan family.

Saif Group
Company typeCorporate group
PSX:SAIF
PSX:KOHTM
PSX:SPWL
IndustryTextile,Power Generation
Founded1927(1927)
FounderSaifullah Khan
HeadquartersIslamabad,Pakistan
OwnerSaifullah Khan family
Websitesaifgroup

Subsidiaries

edit

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

Saif Textile Mills

edit

Saif Textile Mills Limited, with installed capacity of 88,476 spindles is located at Gadoon Amazai in theSwabi district,Khyber Pakhtunkhwa,Saif Textile Mills is a public traded company which is headquartered inRawalpindiand majority owned by Saif Group.

Kohat Textile Mills

edit

Kohat Textile Mills with installed capacity of 44,400 spindles is located inKohat.[3]

Mediterranean Textile

edit

Mediterranean Textile Company is located inEgypt;it has an installed capacity of 63,312 spindles for the production of cotton yarn[4][5]

Saif Power

edit

Saif Power Ltd (SPL) is a 225 MW Combined Cycle Thermal Power Project in theSahiwal DistrictofPunjab, Pakistan.[6]

Saif Energy

edit

Saif Energy Limited (SEL) holds interests in 4 blocks with a total oil and gas exploration acreage of 3109.66 km2in consortium with other energy and power companies, including Pakistan's state-ownedOil and Gas Development CompanyOGDCL (Pakistan),Mari Petroleum Company LimitedMPCL (Pakistan), andTullow Oil(Ireland).[7]They brought the first GSM phone service to Pakistan in 1994 in a venture withMotorola,named asMobilinkbut the Saif Group sold its stakes in 2007.[1]

Real estate

edit

The Saif Group is developing an area of open land located near Islamabad International Airport into a luxury planned urban development housing project named Eighteen Islamabad; in conjunction with the real estate investment company of Egypt'sSawiris family.[8]

Health care

edit

Its health care division Saif Healthcare Limited owns and manages:

  • Kulsum International Hospital – a comprehensive cardiology facility located on Islamabad'sBlue Area's primary thoroughfare Khayaban-e-Quaid-e-Azam Jinnah Avenue to deliver services to the rising demand for private sector health care in the Federal Capital Region.

References

edit
  1. ^abMegha Bahree (21 September 2009)."Drilling Amid the Taliban".Forbes website.Retrieved30 September2017.
  2. ^"Rs22.2m for Balochistan quake survivors".The Nation.3 December 2013.Retrieved30 September2017.
  3. ^Lafarge, Saif Group Holdings sign agreementBusiness Recorder, Published 14 September 2013, Retrieved 30 September 2017
  4. ^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.
  5. ^"Mediterranean Textile Company".Saif Group.Retrieved30 September2017.
  6. ^"Power Generation".Saif Group.Retrieved20 May2016.
  7. ^"Oil & Gas Exploration".Saif Group.Retrieved20 May2016.
  8. ^Abbas, Ghulam (22 October 2018)."Eighteen: How an Egyptian company is building a new $2 billion Islamabad suburb".