Hayel Saeed Anam Group Explained

Hayel Saeed Anam & Co.
Type:Conglomerate
Founder:Hayel Saeed Anam
Key People:[1]
Industry:Cement, Agricultural Production and Processing,Wheat Flour manufacturing, Sugar refining, FastConsumer Goods manufacturing, Dairy Products,Oil & Ghee, Tobacco, Plastic, Mineral Water,Trading, Construction, Oil & Mining, Real Estatedevelopment, Insurance, and Banking, Traveland Tourism, Hotels Biscuits, ConfectioneryLogistics
Foundation:1938
Location Country:UAE، Dubai
Num Employees:35,000
Locations:Saudi Arabia, the United Kingdom, Malaysia,, Indonesia, Singapore, the United Arab Emirates, Egypt, Yemen, and Kenya

The Hayel Saeed Anam & Co. (Arabic: هائل سعيد أنعم وشركاه) is a multi-billion dollar conglomerate active in the Middle East, 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 Yemen, Saudi Arabia, UAE, Malaysia, Indonesia, Egypt, United Kingdom, Kenya, and Nigeria.

History

The history of the group dates back to 1938, when Hayel Saeed Anam and hisbrothers, Mohamed Saeed An'am, Abdu Saeed Anam, and Jazem Saeed Anamfounded a retail store in Aden, Yemen. Five years later, they founded an import and export company based in Aden which paved the way for their growing business.In 1950, they expanded their business in Northern Yemen through opening stores inMocha, Taiz, Hudaydah and Aden and after 2 years the company was incorporatedas Hayel Saeed Anam and Partners.The group extended their business through several regions. In 1977 they launchedthe starting point for investment in Europe by setting up the group's first trade and industrial company in the UK. In 1987, their business expanded even in the Arabregion as they launched a National Biscuits and Confectionery Company in SaudiArabia.Following the death of the founder Hayel Saeed Anam in 1990, the group continuedhis legacy by launching many more initiatives across different regions. In 1992, thegroup launched an Establishment of cooking oil and gee in Egypt. In 1999, HSAGroup launched one of the biggest plants of oil refining in Indonesia. In 2006, thegroup established The General Trading of Agro commodities Midstar FZE in theUAE.

Criticism

In 2018, Greenpeace claimed to have documented large scale deforestation inareas, which have been given an extra level of legal protection from deforestationand are controlled by subsidiaries of the Hayel Saeed Anam Group (Arma Foodsand Pacific Oils and Fats). Following these accusations, Unilever suspendedplacement of any new orders from HSA's Group subsidiaries until the allegationshave been satisfactorily addressed by them. The allegations were not sustained orproved as per the RSPO, hence the Greenpeace's claim of Complaint was closedand resolved as of 2022.

Reaction to the COVID-19 outbreak

The International Initiative on COVID-19 in Yemen (IICY) was founded, amongstothers, by the charity arm of the HSA Group with the goal to improve the limitedtesting capabilities for the SARS-CoV-2 in Yemen. The IICY said in a statement thatthe first 34-tonne shipment contained 49,000 virus collection kits, 20,000 rapid testkits, five centrifuges and equipment that would enable 85,000 tests, and 24,000COVID-19 nucleic acid test kits.[2] The air-borne shipment arrived in Yemen on 19 June 2020.[3]

Working with UN and its agencies, IICY partners have donated money to fund the salaries of frontline medical workers and delivered much-needed medical equipment including PPE which has been distributed to hospitals and laboratories acrossYemen.

External links

Notes and References

  1. Web site: About us . 17 June 2024 . HSA Group.
  2. News: Lisa Barrington . Companies give Yemen tens of thousands of corona virus test kits to ease shortage . Reuters . 2020-04-21 . 2020-06-29 .
  3. News: Saeed Al-batati . Deaths in Aden drop by 43 percent, officials say . Arab News . 2020-06-20 . 2020-06-29 .