Islamabad
Islamabad (; , ; ) is the capital city of Pakistan. It is the country's tenth-most populous city with a population of over 1.1 million and is federally administered by the Pakistani government as part of the Islamabad Capital Territory. Bu ...
health care
Health care, or healthcare, is the improvement or maintenance of health via the preventive healthcare, prevention, diagnosis, therapy, treatment, wikt:amelioration, amelioration or cure of disease, illness, injury, and other disability, physic ...
,
textile
Textile is an Hyponymy and hypernymy, umbrella term that includes various Fiber, fiber-based materials, including fibers, yarns, Staple (textiles)#Filament fiber, filaments, Thread (yarn), threads, and different types of #Fabric, fabric. ...
telecommunications
Telecommunication, often used in its plural form or abbreviated as telecom, is the transmission of information over a distance using electronic means, typically through cables, radio waves, or other communication technologies. These means of ...
. It is majority owned by
Saifullah Khan family
The Saifullah Khan family, also known as Khans of Marwat is a prominent business and political family of Pakistan, based in the province of Khyber Pakhtunkhwa and capital city of Pakistan, Islamabad. The family is of Pashtuns, Pashtun origin and h ...
.
History
Saif Group brought the first GSM phone service to Pakistan in 1994 in a venture with
Motorola
Motorola, Inc. () was an American multinational telecommunications company based in Schaumburg, Illinois. It was founded by brothers Paul and Joseph Galvin in 1928 and had been named Motorola since 1947. Many of Motorola's products had been ...
, named as Mobilink but the Saif Group sold its stakes in 2007.
Subsidiaries
Listed
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
Khyber Pakhtunkhwa (; ; , ; abbr. KP or KPK), formerly known as the North West Frontier Province (NWFP), is a Administrative units of Pakistan, province of Pakistan. Located in the Northern Pakistan, northwestern region of the country, Khyber ...
, Saif Textile Mills is a public traded company which is headquartered in
Rawalpindi
Rawalpindi is the List of cities in Punjab, Pakistan by population, third-largest city in the Administrative units of Pakistan, Pakistani province of Punjab, Pakistan, Punjab. It is a commercial and industrial hub, being the list of cities in P ...
and majority owned by Saif Group.
Kohat Textile Mills
Kohat Textile Mills with installed capacity of 44,400 spindles is located in
Kohat
Kohat (; ) is a city that serves as the capital of the Kohat District in Khyber Pakhtunkhwa, Pakistan. It is regarded as a centre of the Bangash tribe of Pashtuns, who have lived in the region since the late 15th century. With a population o ...
Saif Power Limited was incorporated in 2004. It operates a 225 MW combined cycle thermal power plant in
Sahiwal District
Sahiwal District (Punjabi language, Punjabi and ), formerly known as Montgomery District, is a Districts of Pakistan, district in the Punjab (Pakistan), Punjab Subdivisions of Pakistan, province of Pakistan.
In 1998, it had a population of 1, ...
which was built at a cost of $170 million. The plant began commercial operations in 2010.
The original power purchase agreement (PPA) was signed by the
Government of Pakistan
The Government of Pakistan () (abbreviated as GoP), constitutionally known as the Federal Government, commonly known as the Centre, is the national authority of the Islamic Republic of Pakistan, a federal republic located in South Asia, con ...
with the sovereign
guarantee
A guarantee is a form of transaction in which one person, to obtain some trust, confidence or credit for another, agrees to be answerable for them. It may also designate a treaty through which claims, rights or possessions are secured. It is to ...
and it offered 18.5 percent
return on equity
The return on equity (ROE) is a measure of the profitability of a business in relation to its equity;
where:
: Jason Fernando (2023)"Return on Equity (ROE) Calculation and What It Means" Investopedia
Thus, ROE is equal to a fiscal year's net in ...
with
United States dollar
The United States dollar (Currency symbol, symbol: Dollar sign, $; ISO 4217, currency code: USD) is the official currency of the United States and International use of the U.S. dollar, several other countries. The Coinage Act of 1792 introdu ...
indexation. However, in August 2020, PPA was revised and US dollar indexation was removed. In December 2024, its PPA was revised again by the
Government of Pakistan
The Government of Pakistan () (abbreviated as GoP), constitutionally known as the Federal Government, commonly known as the Centre, is the national authority of the Islamic Republic of Pakistan, a federal republic located in South Asia, con ...
and it was changed from take or pay basis to hybrid take and pay basis.
Unlisted
Mediterranean Textile
Mediterranean Textile Company is located in
Egypt
Egypt ( , ), officially the Arab Republic of Egypt, is a country spanning the Northeast Africa, northeast corner of Africa and Western Asia, southwest corner of Asia via the Sinai Peninsula. It is bordered by the Mediterranean Sea to northe ...
; it has an installed capacity of 63,312 spindles for the production of cotton yarn
Saif Energy
Saif Energy Limited (SEL) holds interests in 4 blocks with a total oil and gas exploration acreage of 3109.66 km2 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).
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.