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He was 93.
Khan passed away around 2 am today, they said.
He was associated with Anwarul Uloom Group of Institutions, Aiza School. An engineering college in the city has been named after him.
Khan, who owned different companies in the city, was a leading industrialist, the sources said.
He was also known as a philanthropist.
Khan would be laid to rest in the evening, they added.
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