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Saif Group

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Pakistani company

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

Saif Group (Urdu pronunciation: [seːf] SAYF) is a group of companies headquartered in Islamabad. The companies are involved in power, health care, textiles, real estate and telecommunications. It is owned by Saifullah Khan family.

Subsidiaries

Saif Group of Companies manages and owns 11 companies.

Saif Textile Mills

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

Kohat Textile Mills

Kohat Textile Mills with installed capacity of 44,400 spindles is located in Kohat.

Mediterranean Textile

Mediterranean Textile Company is located in Egypt; it has an installed capacity of 63,312 spindles for the production of cotton yarn

Saif Power

Saif Power Ltd (SPL) is a 225 MW Combined Cycle Thermal Power Project in the Sahiwal District of Punjab, Pakistan.

Saif Energy

Saif Energy Limited (SEL) holds interests in 4 blocks with a total oil and gas exploration acreage of 3109.66 km in consortium with other energy and power companies, including Pakistan's state-owned Oil and Gas Development Company OGDCL (Pakistan), Mari Petroleum Company Limited MPCL (Pakistan), and Tullow Oil (Ireland). They brought the first GSM phone service to Pakistan in 1994 in a venture with Motorola, named as Mobilink but the Saif Group sold its stakes in 2007.

Real estate

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's Sawiris family.

Health care

Its health care division Saif Healthcare Limited owns and manages:

  • Kulsum International Hospital – a comprehensive cardiology facility located on Islamabad's Blue 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

  1. ^ 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. 3 December 2013. Retrieved 30 September 2017.
  3. Lafarge, Saif Group Holdings sign agreement Business 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. Retrieved 30 September 2017.
  6. "Power Generation". Saif Group. Retrieved 20 May 2016.
  7. "Oil & Gas Exploration". Saif Group. Retrieved 20 May 2016.
  8. Abbas, Ghulam (22 October 2018). "Eighteen: How an Egyptian company is building a new $2 billion Islamabad suburb".
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