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Adamjee Group (Urdu pronunciation: [ˈaː.dəm.dʒiː] AH-dum-jee) is a group of companies headquartered in Karachi, Pakistan. The group was previously headed by Sir Adamjee Haji Dawood. As of 2007, it is unofficially estimated that the owners of Adamjee Group are among the top 40 wealthiest families in Pakistan. [1]
According to the Economic complexity index, Pakistan is the 67th largest export economy in the world and the 106th most complex economy. [10] During the fiscal year 2015–16, Pakistan's exports stood at US$20.81 billion and imports at US$44.76 billion, resulting in a negative trade balance of US$23.96 billion. [11]
Karachi: Bannu Woollen Mills, Gammon Pakistan, Ghandhara Automobiles Limited, Ghandhara Industries Limited, Ghandhara Tyre, Janana De Malucho Textile Mills, The Universal Insurance Company: Dawood Group: Karachi: Engro Holdings, Dawood Lawrencepur [1] Descon: Lahore: Altern Energy, Descon Oxychem: Fauji Group: Rawalpindi
Burewala Textile Mills, acquired in 1957 from Pakistan Industrial Development Corporation and later merged into Dawood Lawrencepur Limited in 2004 [6] [7] Central Insurance Company, now known as Cyan Limited [8] [9] Dawood Mines, it was established with a paid-up capital of Rs. 0.5 million and was involved in coal mining [10] [11]
Atlas Group is a group of companies headquartered in Lahore, Pakistan. [1] [2] The group was founded by Yusuf H. Shirazi who was the chairman of Atlas Group.He was also the founder member of Karachi Stock Exchange, Lahore Stock Exchange and International Chamber of Commerce and Industry. [3]
The acquisition was carried out by Ardutch BV, a subsidiary of Arçelik, which purchased United Refrigeration (Private) Limited and Dawlance (Private) Limited from Bashir and Mariyam Dawood for $148 million, and Dawlance Electronics (Private) Limited from Pan Asia Equity Limited, based in the British Virgin Islands, for $94 million. [8] [9]
Arif Habib Corporation Limited, also known as the Arif Habib Group, (Urdu pronunciation: [ˈaː.rɪf ha.ˈbiːb] AA-rif hah-BEEB) is a Pakistani business conglomerate headquartered in Karachi, Pakistan. [2] The corporation was founded by Pakistani businessman Arif Habib. [2]
AKD Group was founded in 1947 by Abdul Karim Dhedhi, father of the current chairman. [1] It began business in 1973 as a brokerage house before expanding into investment banking and mutual funds. [2]