Forbes Middle East has announced the Top Indian Business Leaders of the Arab World 2017 at an exclusive ceremony in Dubai.
The event honoured business owners, executive management and the next generation of leaders of some of the largest companies in the Arab region.
Yusuff Ali M.A., Managing Director of Lulu Group international leads the business owners’ category, followed by Sunil Vaswani, Chairman of Stallion Group and Dr. B.R. Shetty, Founder of NMC Healthcare and the UAE Exchange. 11 business owners have PhDs with five being medical doctors of which three have founded hospitals in the UAE.
Total revenues of the top 10 business owners adds up to an estimated $28.9 billion.
Speaking at the event, Vipul, Consul General of India in Dubai, said, “Indians make up the largest expat community in the GCC region, with over 7 million Indians residing and contributing to the economies of the host countries, not only as big business conglomerates but also as professionals, construction workers and in government departments.
Indian and Arab civilisations have been at the forefront of human progress over centuries, connected by land and sea.
For several decades, the partnership between the two has intensified further, especially with the contributions made by these leaders. It is a pleasure to celebrate and recognise the Top Indian Leaders in the Arab World and I am thankful to Forbes Middle East for inviting me to the event.”
The 2017 list of Top Indian Business Leaders comprised 100 business owners and 50 executive management. This year, for the first time, Forbes Middle East also highlighted 28 young and talented next generation business leaders who will take the family legacy forward.
The businesses of the top 100 business owners represent different vital sectors, with most of the leaders running diversified companies, followed by the retail, real estate and construction sectors. 27 business leaders have roots from Kerala, followed by Sindhis and Gujarats with 23 and 16 respectively.