:Saif Group
{{Short description|Pakistani conglomerate}}
{{Use Pakistani English|date=September 2017}}
{{Use dmy dates|date=September 2017}}
{{Infobox company
| logo = Saifgrouplogo.jpg
| logo_size = 200px
| type = Corporate group
| slogan =
| traded_as = {{karse|SAIF}}
{{karse|KOHTM}}
{{karse|SPWL}}
| founder = Saifullah Khan
| foundation = {{start date|1927}}
| location = Islamabad, Pakistan
| revenue =
| operating_income =
| net_income =
| num_employees =
| assets =
| owner = Saifullah Khan family
| industry = Textile, Power Generation
| products =
| subsid =
| website = {{URL|saifgroup.com}}
}}
Saif Group ({{IPA|ur|seːf}} {{respell|SAYF}}) is a group of companies headquartered in Islamabad. It operates in power, health care, textiles, real estate, and telecommunications. It is owned by Saifullah Khan family.
History
Saif Group 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.{{cite web|url=https://www.forbes.com/global/2009/0921/companies-pakistan-saif-group-drilling-amid-taliban.html |title=Drilling Amid the Taliban|author=Megha Bahree|website=Forbes.com website|date=21 September 2009|accessdate=30 September 2017}}
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, 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.[http://fp.brecorder.com/2013/09/201309141230946/ Lafarge, Saif Group Holdings sign agreement] Business Recorder, Published 14 September 2013, Retrieved 30 September 2017
== Saif Power ==
Saif Power Limited was incorporated in 2004.{{Cite web|url=https://www.brecorder.com/news/40310989|title=Saif Power Limited |date=3 July 2024|website=Brecorder}} It operates a 225 MW combined cycle thermal power plant in Sahiwal District which was built at a cost of $170 million.{{Cite web |url=https://www.dawn.com/news/amp/256198 |title=Pact signed for 225-MW power plant |website=Dawn}} The plant began commercial operations in 2010.
The original power purchase agreement (PPA) was signed by the Government of Pakistan with the sovereign guarantee and it offered 18.5 percent return on equity with United States dollar indexation.{{Cite web|url=https://www.brecorder.com/news/2004783|title=Saif Power offering}}{{Cite web|url=https://tribune.com.pk/story/2260146/pakistan-reduces-profit-margins-of-ipps|title=Pakistan reduces profit margins of IPPs|date=18 August 2020|website=The Express Tribune}} 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 and it was changed from take or pay basis to hybrid take and pay basis.{{Cite web|url=https://www.brecorder.com/news/40336288/ipp-deals-saif-power-approves-revised-agreements-with-govt|title=IPP deals: Saif Power approves revised agreements with govt |date=6 December 2024|website=Brecorder}}
=Unlisted=
== Mediterranean Textile ==
Mediterranean Textile Company is located in Egypt; it has an installed capacity of 63,312 spindles for the production of cotton yarn{{Cite journal|url=http://journals.sagepub.com/doi/10.1177/0972820117744686|title=Mediterranean Textile Company: Negotiating for the Release of Hostages|first1=M. Ghufran|last1=Ahmad|first2=Danish|last2=Rasheed|date=6 March 2018|journal=Asian Journal of Management Cases|volume=15|issue=1|pages=92–101|via=CrossRef|doi=10.1177/0972820117744686}}{{cite web|url=http://www.saifgroup.com/MTC.php |title=Mediterranean Textile Company |publisher=Saif Group |date= |accessdate=30 September 2017}}
== 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).{{cite web|url=http://www.saifgroup.com/oil.php#energy |title=Oil & Gas Exploration |publisher=Saif Group |date= |accessdate=2016-05-20}}
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.{{Cite web|url=https://profit.pakistantoday.com.pk/2018/10/22/eighteen-how-an-egyptian-company-is-building-a-new-2-billion-islamabad-suburb/|title=Eighteen: How an Egyptian company is building a new $2 billion Islamabad suburb|first=Ghulam|last=Abbas|date=22 October 2018}}
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.