Dolmen City REIT (DCR): owning a slice of Karachi's Dolmen Mall through the stock exchange
Pakistan's first listed REIT turns rents from Dolmen Mall Clifton and the Harbour Front offices into distributions for ordinary unit holders.
20 more long-form profiles — REITs, fertilizer and cement majors, pharma multinationals and Pakistan's oldest banking names. See also profiles A–C and the 44 Learn guides. Educational content only, not financial advice.
Pakistan's first listed REIT turns rents from Dolmen Mall Clifton and the Harbour Front offices into distributions for ordinary unit holders.
Built by the state in 1986, privatised in the 1990s and grown by the Nishat Group into a three-plant cement maker spanning Punjab and Balochistan.
From Esso's 1968 Daharki urea plant to the giant EnVen train, Engro Fertilizers is the listed heart of the Engro group's farm business.
In January 2025 Dawood Hercules renamed itself Engro Holdings and swallowed Engro Corporation whole — the capstone of a Dawood story begun in 1968.
Faysal Bank spent decades as a conventional lender with Islamic roots, then converted every branch, account and loan to Islamic banking by January 2023.
Founded in 2003 by the Fatima and Arif Habib groups, Fatima Fertilizer broke the urea old order with nitrate specialities and three plants across Punjab.
Sponsored by Fauji Foundation in 1992, built at Jhang Bahtar, enlarged by the Askari Cement merger — FCCL is now among Pakistan's largest cement makers.
Incorporated in 1978 with Danish partners, first urea from Goth Machhi in 1982 — FFC's Sona urea became the benchmark of Pakistan's farm economy.
A 1966 Noon family dairy behind the Nurpur brand, bought by the Fauji group in 2015 and rebuilt with cereals, tea whiteners and frozen foods.
Operating since 1985 under Habib Modaraba Management, First Habib Modaraba is a perpetual Islamic fund built on ijarah leasing and profit-sharing finance.
From a small Swabi spinning unit in 1988 to one of Pakistan's largest yarn makers inside the Yunus Brothers Group — how Gadoon turns cotton and fibre into export yarn.
Born as Ghandhara Nissan in 1981, renamed in 2023 — how Karachi's multi-brand assembler moved from Nissan cars to Dongfeng, JAC and Renault trucks.
Incorporated in 1992 and in production by 1995, Ghani Glass supplies the medicine bottles, drinks bottles and window glass Pakistan uses every day.
From a General Motors plant in 1953 through nationalisation as National Motors to today's Isuzu trucks — the long, interrupted story of Karachi's Ghandhara Industries.
From a Lahore branch in 1937 and a Karachi subsidiary in 1948 to the 2001 merger that created today's GSK Pakistan — a century of global medicine brands under one roof.
Demerged from GSK Pakistan in 2015, listed in 2017 and renamed in 2023 — the Jamshoro-made Panadol, Sensodyne and CaC-1000 business behind Haleon Pakistan.
Founded in Bombay in 1941, moved to Karachi at independence, nationalised in 1974 and reprivatised to the Aga Khan Fund in 2004 — HBL is Pakistan's banking benchmark.
Incorporated in 1992, building cars by May 1994 — how the Honda–Atlas joint venture put the Civic and City on Pakistan's roads and kept them there for three decades.
Born as PICIC Growth Fund from the old ICP funds, taken over by HBL Asset Management and split in 2018 — what HGFA's listed Class A units really represent.
Incorporated in Lahore in 1984 and listed in 1995, Highnoon built brands such as Ulsanic and Combivair into a broad, export-minded pharmaceutical business.
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