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ARY Group

ARY Communications (Private) Limited is registered with Securities and Exchange Commission of Pakistan’s Karachi registry office in 2001. The company was registered to do businesses to “promote, design, implement, establish, manage and run, whether in Pakistan or abroad, GPS-based vehicle, tracking service, card pay phone service, web based transmission service, pay phone, local loop service, access service, web content service, network communication service, Direct-To-Home (DTH) TV Rebroadcast service, cable TV service and web TV service. The company runs a network of television channels in 24/7 current news and analysis, entertainment, music and religion. It has a sister company in the name of ARY Digital FZ LLC and registered in Dubai, United Arab Emirates. ARY Digital FZ LLC holds the biggest share – 45 – in ARY Communications (Private) Limited, according to document provided by Securities and Exchange Commission of Pakistan. The rest of shares are divided among nine remaining directors. However, Muhammad Salman Iqbal and Muhammad Mehboob hold second biggest shares – 19 and 18% each respectively.

Key facts

Mother Company

ARY Digital FZ LLC

Business Form

Private

Legal Form

Limited Liability Company

Business Sectors

TV Broadcasting

Ownership

Individual Owner

ARY Digital FZ LLC

ARY Digital FZ LLC is registered in the United Arab Emirates. The team didn’t have access to the shareholding structure of the Dubai-registered business entity, however it is clear that the founder’s family controls the business in Dubai as well. Mohammad Iqbal is the Group’s and the company’s Chairman, while Salman Iqbal is its President and CEO.

45%
Media Outlets
Other Media Outlets

Other TV Outlets

ARY Digital

Other Online Outlets

https://arynews.tv/en/

Facts

Media Business

TV Broadcasting

ARY Communications (Private) Limited

Business

Film Distribution

ARY Film

Film Production

ARY Films

Media

ARY Digital FZ LLC (Dubai, United Arab Emirates)

TV Broadcasting

ARY Digital Asia

General Information

Founding Year

2001

Affiliated Interests Founder

Late Abdul Razzak Yaqoob

was a gold bullion trader who founded ARY Gold company in the United Arab Emirates and later he launched ARY Media Group in 2000. In 1944, his parents migrated from India to Karachi, Pakistan, before India was partitioned in1947. He was a wealthy businessman and also a philanthropist. He came to Dubai in 1969 where he discovered that the city offers opportunities and he made a fortune out of his business there. In 2014, he died of protracted illness in London.

Employees

Missing Data

Contact

6th Floor, Madina City Mall

Abdullah Haroon Road, Karachi

Tel.: +92(0)-21-111-279-111

Fax: +92(0)-21-35657314

Email: info@arydigital.tv

Website: arynews.tv

Tax/ ID Number

1325559-2 (ARY Communications Pvt. Ltd.)

Financial Information

Revenue (Financial Data/ Optional)

Missing Data

Operating Profit (in Mill. $)

Missing Data

Advertising (in % of total funding)

Missing Data

Further Information

Data Publicly Available

ownership data is easily available from other sources, e. g. public registries etc.

2 ♥

Meta Data

An information request was sent to the company on 15 January 2019 through a courier company as well as by email on same day - 15 January 2019. There was no response to the request. A reminder was couriered on 01 February 2019 and emailed on 04 February 2019. Again, there was no response from the company to date. Documents about the ARY Communications (Private) Limited provided by Securities and Exchange Commission of Pakistan did not include any audited budget of the company for any financial year although under the law registered company has to submit annual audit report to comply with regulations. The company does not share revenue, operating profit nor shareholders on its website although Dubai-based ARY Digital FZ LLC, which holds biggest shares in ARY Communications (Private) Limited, does provide all such details on its website.

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