The origin of ARY group of companies stems from pre-partition times of the subcontinent where ARY family was in the business of refinery based in Surat (in the state of Gujarat, now in India). After partition, their family moved to Pakistan. ARY Refinery was the only registered refinery in Pakistan that minted hallmarked gold bars with a brand of two horses. These gold bars were renowned for their purity in the subcontinent and were exported to the province of Punjab (in Pakistan) and East Pakistan (now Bangladesh).
ARY family diversified into various other businesses which included trading in cotton yarn, textiles, and wire drawing industry.
In 1969 Mr. Haji Abdul Razzak moved to Dubai and ARY started its operations in 1970. In 1985 ARY began trading in gold bullion and in 1990’s launched the first UAE branded gold bar. In early ‘90s, it diversified into jewellery. They expanded their jewellery operation into retail stores throughout the city and wholesaling to other jewelers in the country and across the region.
ARY through its Cleargem concept, introduced the awareness for certified diamonds way back in 1999 when the consumers were not confident to buy diamonds from Dubai. Since then the need for certified diamonds initiated. As diamond is a high margin product, businesses diversified into certified diamonds that gave consumers the confidence and thus stimulating demand for diamonds in this very city of gold, which has now become the hub for diamonds too.
Companies under ARY Group
- ARY Traders
- ARY Jewellery
- ARY Gold Refinery
- ARY Gold Assaying and Gemstone certification
- ARY Digital Network
- H.M. Cables Pakistan
- New Delite Industries
- Security Investment Bank
Complying to its philosophy of innovation and pioneering, ARY as an organization strives to set trends in the region and beyond. ARY were pioneers in launching Rainbow Hearts, which was the first-ever brand in 24k gold in the region. Due to its visionary risk taking ability, ARY has always diversified into related and unrelated industries to take advantage of business opportunities.