Categories: BusinessHeadlines

LNP – Prominent Sri Lankan businessman Inayet Akbarally passes away

Renowned businessman Inayet Akbarally, a prominent figure in Sri Lanka’s business community, has passed away at the age of 88.

Mr. Akbarally was a pivotal figure in the success of Akbar Brothers, a company he co-founded with his late brothers, Abbas and Abid Akbarally.Â

Together, they played an instrumental role in establishing Akbar Brothers as a global leader in the tea industry.Â

Under their leadership, the company once became the world’s largest tea exporter and has remained Sri Lanka’s largest tea exporter for over 20 years.

Akbar Brothers was crucial in bringing worldwide recognition to Ceylon Tea, significantly contributing to Sri Lanka’s economy and creating numerous employment opportunities for the country’s citizens.

Akbar Group, the parent company, is also involved in various industries such as property development, healthcare, and electricity generation.Â

In July 2022, the company expanded its operations to Oman.

AddThis Website Tools
Tyronne Jayamanne

Recent Posts

LNP – First Deputy Managing Director of IMF arrives in Sri Lanka

LNP – First Deputy Managing Director of IMF arrives in Sri Lanka

Dr. Gita Gopinath, the First Deputy Managing Director (FDMD) of the International Monetary Fund (IMF),…

9 hours ago
LNP – 378 acting sub-postmasters to receive permanent appointments

LNP – 378 acting sub-postmasters to receive permanent appointments

A total of 378 Acting Sub-Postmasters are scheduled to be granted permanent appointments tomorrow (15),…

14 hours ago
LNP – 26 arrested with drugs at party organised through Facebook

LNP – 26 arrested with drugs at party organised through Facebook

A total of 26 individuals have been taken into custody along with drugs during a…

14 hours ago

LNP – Death toll rises to 279 in India plane crash

At least 279 people died in the plane crash in the Indian city of Ahmedabad,…

14 hours ago

LNP – Emergency contact details announced for Sri Lankans in Israel and Iran

The Ministry of Foreign Affairs and Foreign Employment has announced that the Government of Sri…

1 day ago

LNP – Black box found at Air India crash site as families wait for answers

A black box has been found at the site of the Air India plane crash…

1 day ago