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Who Owns Pakistan - Yimg

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Pakolawala and has now split between Gul Ahmad and Alkaram group of<br />

Industries.<br />

Like several other Karachi-based groups of post-1947 era, Gul Ahamad has not<br />

added any single manufacturing units to its fold since 1971, except for the 150<br />

MW Gul Ahmad Power commissioned in September 1997 and fairly unknown<br />

Ghafooria Industries. However Security Investment Bank and Metropolitan Bank<br />

have been set up in collaboration with two other leading industrial groups. The<br />

group chairman, Ali Mohammad was appointed vice chairman of Export<br />

Promotion Bureau by caretaker govt of Moeen Qureshi.<br />

Al-Karam, however is operating nearly a dozen industrial and commercial units<br />

including one of the biggest synthetic units, <strong>Pakistan</strong> Synthetic listed on KSE.<br />

Gul Ahmad / Alkaram<br />

S. No Name Assets Turnover<br />

1 Gul Ahmad Textile Mills 2272 2493<br />

2 Globe Textile 742 853<br />

3 Globe Textile (OEO) 147 232<br />

4 Zaman Textile 177 186<br />

5 Pak Synthetic 1443 1224<br />

6 Chilya Corrugated 20 19<br />

7 Nakshbandi Industries 419 454<br />

Total Manufacturing Assets 5220 5451<br />

Financial Companies<br />

8 Security Investment Bank 997<br />

9 Metropolitan Bank 11,825<br />

Unlisted Companies<br />

1. Alkaram Textile Mills<br />

2. Muslim Cotton<br />

3. Excell Textile Mills<br />

4. Globe Garment Industries (pvt) Ltd<br />

5. Ghafooria Industries (pvt)<br />

6. Packages<br />

158

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