Warid started its operation, in
in 2005. Bashir Tahir led the team for bidding and acquiring license for
operating telecom network.
By acquiring 30 percent shares in phone operator the group has become the sole owner of the telecom company. The group has the owner of being single largest foreign investor in
Abu Dhabi group already has diverse
and huge investments in different sectors of Pakistan’s
economy. The group has heavy stakes in banking, agriculture, energy, real
estate, hospitality and health care. Investments by the group include Bank
Alfalah, Warid telecom, Wateen telecom, Alfalah Securities (Pvt.) ltd, Alfalah
GHP investment management limited, United Bank Limited, and Al Razi healthcare.
The group is led by Sheikh Nahayan Mabarak al Nayhan, member of the royal family of Emirate.