The Habib Group is a Bangladeshi industrial conglomerate. Founded in Chittagong in 1947, it employs over 20,000 people and has interests in textiles, aviation, cement, steel, real estate, insurance and banking. It is the parent company of Regent Airways, a Bangladeshi private airline,[1] and Regent Power Limited, a power generating company.[2]
History
Habib Group was established in 1947 by Habib Ullah Mia as Habib Trading, a consumer goods trading company.[3] It was inherited by his three sons, Mahbub Ali, Yakub Ali, and Yasin Ali, in 1981 who expanded the business in other areas such as garments.[3]