SOMETHING VENTURED, MUCH ACHIEVED // COVER
Something VENTURED, Much Achieved THE SUCCESS OF BILAL HYDRIE’S INCLUSIVE ENERGY
BY MELANIE DARBYSHIRE
T
he head of Calgary’s Inclusive Energy – a private oilfield equipment supply company unlike any other in the country – hardly fits the typical image. Bilal Hydrie is a young, Pakistani immigrant to the city with no connections to the oil and gas sector before starting his business. An outsider in an industry with deep Alberta roots, Hydrie has let none of these differences stand in his way. Truly, nothing has. In the span of seven years, Hydrie has taken Inclusive from nascent startup to one of the most successful oilfield equipment suppliers in the country. In addition to Inclusive and partly due to its success, Hydrie also now runs Global Centurion Investments (a private equity firm) and is an independent member of the board of directors of Pennine Petroleum Corporation (a public company). The polite and soft-spoken executive will tell you his success, and that of his businesses, has been the result of good old-
fashioned hard work and, he admits, a bit of good fortune. He has no plans to slow down. Born into a wealthy, established family in Pakistan, Hydrie always knew he was destined for business. He is a member of a family business – the Habib Group – a large group of international investors headquartered in Dubai, with businesses in a range of sectors around the world including banking (Bank AL Habib, Habib Bank, Habib Overseas Banks Limited, Habib African Banks Limited and Habib Capital Markets), manufacturing and retail (Habib Sugar Mills and HSM Textiles), insurance (Habib Insurance Company Limited, Global Insurance Services and Greenshield Insurance Services), and several schools, colleges and universities. He grew up in both Pakistan and Dubai watching his family run these businesses, understanding that one day he would do the same.
BUSINESSINCALGARY.COM // BUSINESS IN CALGARY // SEPTEMBER 2016
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