Hayel Saeed Anam & Co.
TypeConglomerate
IndustryCement, Agricultural Production and Processing, Wheat Flour manufacturing, Sugar refining, Fast Consumer Goods manufacturing, Dairy Products, Oil & Ghee, Tobacco, Plastic, Mineral Water, Trading, Construction, Oil & Mining, Real Estate development, Insurance, and Banking
Founded1938
FounderHayel Saeed Anam
Headquarters
UAE
Number of locations
Saudi Arabia, the United Kingdom, Canada, Malaysia, Indonesia, Singapore, the United Arab Emirates, Egypt, Yemen, and Kenya
Revenue$10 billion
OwnerHayel Saeed Anam & CO
Websitewww.hsagroup.com

The Hayel Saeed Anam & Co. (Arabic: هائل سعيد أنعم وشركاه) is a multi-billion dollar conglomerate active in the Middle East, North Africa, the Horn of Africa, Europe, and South East Asia. The group is owned and managed by the Saeed Anam family. The group today has grown to own over 92 companies in various regions, including Saudi Arabia, the United Kingdom, Malaysia, Indonesia, the United Arab Emirates, Bahrain, Jordan, Iraq, Egypt, Yemen, Djibouti, and Ethiopia.[1]

History

The history of the group dates back to 1938, when Hayel Saeed Anam and his brothers founded a retail store in Aden, Yemen. Five years later, they founded an import and export company based in Aden. In 1950, they expanded their business in Northern Yemen through opening stores in Mocha and Taiz. In 1952, the company was incorporated as Hayel Saeed Anam and Partners.[2]

Criticism

In 2018, Greenpeace claimed to have documented large scale deforestation in areas, which have been given an extra level of legal protection from deforestation and are controlled by subsidiaries of the Hayel Saeed Anam Group (Arma Foods and Pacific Oils and Fats). Following these accusations, Unilever suspended placement of any new orders from HSA's Group subsidiaries until the allegations have been satisfactorily addressed by them. The HSA Group has not responded to request for comment by The Daily Telegraph.[3][4][5]

Reaction to the COVID-19 outbreak

The International Initiative on COVID-19 in Yemen (IICY) was founded, amongst others, by the charity arm of the HSA Group with the goal to improve the limited testing capabilities for the SARS-CoV-2 in Yemen. The IICY said in a statement that the first 34-tonne shipment contained 49,000 virus collection kits, 20,000 rapid test kits, five centrifuges and equipment that would enable 85,000 tests, and 24,000 COVID-19 nucleic acid test kits.[6] The air-borne shipment arrived in Yemen on 19 June 2020.[7]

References

  1. ↑ "HSAGroup". Hayel Saeed Anam. Archived from the original on 2 December 2013. Retrieved 26 November 2013.
  2. ↑ "History". HSA Group.
  3. ↑ Isaac, Anna (27 April 2018). "Greenpeace investigation claims palm oil supplier to major brands behind further deforestation". The Telegraph. ISSN 0307-1235. Retrieved 15 June 2020.
  4. ↑ "Exclusive New Video From Greenpeace Reveals Massive Deforestation in Indonesia". EcoWatch. 27 April 2018. Retrieved 29 December 2020.
  5. ↑ Webster, Ben. "Palm oil supplier accused of razing rainforests". ISSN 0140-0460. Retrieved 29 December 2020.
  6. ↑ Lisa Barrington (21 April 2020). "Companies give Yemen tens of thousands of corona virus test kits to ease shortage". Reuters. Retrieved 29 June 2020.
  7. ↑ Saeed Al-batati (20 June 2020). "Deaths in Aden drop by 43 percent, officials say". Arab News. Retrieved 29 June 2020.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.