Nestled by the coast of Lusail sits the splendor of Raf es and Fairmont Doha, where luxury is rooted in even the smallest details. Open the doors to mesmerizing hospitality and make memories in a world of sophistication.
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Let’s celebrate the entrepreneurial spirit of Indians
There is no way possible to underestimate the importance of both Indians and India to the UAE.
India and UAE have shared trade links through the centuries. The trade, which was dominated by traditional items such as dates, pearl and fishes, underwent a sharp change after the discovery of oil in UAE (oil exports begun from Abu Dhabi in 1962). With the emergence of UAE as a nation in 1971, the bilateral trade started growing gradually over the years. The last decade has witnessed transformational change in the overall relations with the UAE, including economic and commerce relationship.
As India and UAE strengthened their cooperation, culminating into a Comprehensive Strategic Partnership in 2017, the trade relations also deepened. From US$180
YUSUFF ALI MA
Chairman and Managing Director, Lulu Group International
YUSUFF ALI MA is the Chairman and Managing Director of Lulu Group International, one of the largest and most successful retail conglomerates in the Middle East, Asia, and Africa. Renowned for his visionary leadership, Yusuff Ali has transformed Lulu Group from a small grocery store in Abu Dhabi into a global retail powerhouse, with interests spanning retail, wholesale, hospitality, and real estate. Today, Lulu Group operates over 250 hypermarkets and supermarkets across countries such as Saudi Arabia, Kuwait, Bahrain, Oman, India, Egypt, and beyond.
Born in Kerala, India, Yusuff Ali moved to the UAE in 1973 and began his career in retail by joining a small grocery business
that later evolved into Lulu Group. His entrepreneurial acumen and keen understanding of consumer behavior and market trends have been pivotal to the group’s rapid expansion. Under his leadership, Lulu Group has become synonymous with quality, affordability, and customer satisfaction, earning the the trust of millions of customers worldwide. A key factor behind Lulu’s success is Yusuff Ali’s focus on innovation and diversification. Beyond its retail operations, the group has expanded into sectors such as hospitality and real estate, developing luxury hotels and large-scale residential and commercial projects. The group’s adaptability and commitment to excellence have garnered numerous awards and accolades,
solidifying its reputation as a leader in the global retail industry.
In addition to his business achievements, Yusuff Ali is a committed philanthropist, contributing significantly to causes in education, healthcare, and social welfare. His philanthropic efforts have made a positive impact in both his home state of Kerala and across the countries where Lulu operates.
Yusuff Ali’s journey from a modest background to leading one of the world’s largest retail conglomerates serve as an inspiration to entrepreneurs worldwide, exemplifying the power of vision, determination, and a commitment to giving back to society.
PNC MENON Founder, Sobha Group
PNC MENON is the Founder of Sobha Group, a multinational real estate and construction group with diversified global interests. He has played a key role in the real estate sector for over four decades.
In Oman, he founded a turnkey interior decoration firm catering to the Middle East markets. Within a decade, his firm was a market leader and had handled prestigious and high-profile projects for the Rulers of Oman, UAE, Bahrain, Qatar, and Brunei.
In 1994, PNC Menon founded Sobha Limited (India) to address the gap in superior-quality development and construction in
India and, since its inception, this business has steadily grown from strength to strength (including its initial public offering in 2006 which was over-subscribed by around 126 times) and is now operating in 24 cities and 13 states across India.
As the India business continued to grow, PNC Menon began exploring international opportunities to fuel further growth and, as a result, he founded PNC Investments in 2011 to bring the “Sobha” brand to the UAE. After entering the Dubai market, Menon launched Sobha Hartland and District One. Sobha Hartland is a $4 billion luxury mixed-use development spread over 8 million square feet. District One, an $8 billion joint venture with Meydan Group, includes 1,500 ultra-luxury villas.
Under PNC Menon’s leadership, “Sobha” has now established itself as a multinational real estate development and construction group.
PNC Menon also actively participates in philanthropic initiatives across the UAE, India, and Oman, and is on the board of several prominent charitable organizations. PNC Menon has willed 50 percent of his wealth to charity. He and Sobha Menon are also a part of the “Giving Pledge” run by the Bill & Melinda Gates Foundation and Warren Buffet.
Under Mr. PNC Menon’s leadership, “Sobha” has now established itself as a multinational real estate development and construction group.
RENUKA JAGTIANI
Chairwoman, Jagtiani Group
FOR OVER 30 YEARS, Jagtiani has steered the corporate strategy of Landmark Group, significantly contributing to its emergence as a leading omnichannel retailer of locally recognized brands in the MENA region. Her role in the establishment of the highstreet fashion brand Splash in 1993 was pivotal, marking a significant milestone in the group’s history. Her leadership has also facilitated Landmark Group’s successful foray into the e-commerce sector over a decade ago.
In her current role, Jagtiani is focused on furthering the group’s vision, refining its strategic direction, and identifying new business opportunities. She works in close collaboration with the leadership teams, offering her strategic insights to inform decisions that shape the group’s future trajectory. Her dedication and strategic acumen have been foundational to Landmark Group’s achievements, embodying the group’s commitment to innovation and growth.
Landmark Group has expanded into a multifaceted retail and hospitality conglomerate, boasting over 2,200 retail stores, alongside leisure and hospitality establishments across the GCC, Middle East, India, Southeast Asia, and Africa. Currently, the group stands as one of the GCC’s largest omnichannel retailers and the premier retailer of home and fashion products in India. Among its portfolio are retail brands such as Max, Splash, Babyshop, Centrepoint, Shoemart, Homecentre, Emax, Fitness First, and Funcity, among many others.
Landmark Group has transformed the retail landscape in Dubai, beginning its remarkable ascent with the inception of a single store specializing in baby products in Bahrain in 1973, founded by Micky Jagtiani. This modest beginning has burgeoned into a vast network encompassing over 2,200 retail outlets across more than 20 countries. Under Jagtiani’s visionary leadership, the group expanded its horizons into e-commerce and established the largest privately-owned logistics and distribution hub in the MENA region.
In her current role, Jagtiani is focused on furthering the group’s vision, refining its strategic direction, and identifying new business opportunities.
SIMA VED
Founder and Chairperson, Apparel Group
SIMA VED is the founder and chairperson of Apparel Group, a leading retail and fashion conglomerate in the Middle East. With a vision to create a globally recognized retail business, Ved has transformed Apparel Group into a multi-billion-dollar enterprise that boasts over 75 brands and operates more than 1,000 stores across the region.
Founded in 1999, Apparel Group began as a small business in Dubai. Under Ved’s visionary leadership, the company quickly expanded into a major player in the retail sector. The group’s diverse portfolio includes international fashion, footwear, and lifestyle brands such as Guess, Steve Madden, Tommy Hilfiger, Aldo, Rituals, and Adidas. Apparel Group has become synonymous with style and quality, serving a broad consumer base and contributing significantly to the retail landscape in the UAE and the wider GCC region.
Ved’s entrepreneurial journey is characterized by her sharp business acumen, a focus on customer satisfaction, and an ability to scale operations in a highly competitive market. She has successfully guided the group to adapt to the evolving retail environment by embracing omnichannel strategies, integrating online shopping platforms, and leveraging digital marketing. These innovations have been pivotal in sustaining the company’s growth and resilience, particularly in an era marked by rapid digital transformation.
Beyond her business achievements, Sima Ved is deeply committed to philanthropy and community development. She actively supports initiatives promoting education, women’s empowerment, and social welfare, particularly within the Middle East. Her efforts reflect a dedication to giving back to the community while fostering sustainable development.
Sima Ved’s journey from a small business owner to the leader of one of the region’s most successful retail conglomerates serves as an inspiration, particularly to women entrepreneurs. Her story of vision, perseverance, and innovation highlights her role as a trailblazer in the Middle East’s business world.
Ved’s entrepreneurial journey is characterized by her sharp business acumen, a focus on customer satisfaction, and an ability to scale operations in a highly competitive market.
DR. SHAMSHEER VAYALIL
Founder, Burjeel Holdings
DR. SHAMSHEER VAYALIL is a trailblazing healthcare entrepreneur and the founder and chairman of Burjeel Holdings, one of the UAE’s leading healthcare conglomerates. Under his visionary leadership, Burjeel Holdings has transformed the Middle East’s healthcare landscape, becoming synonymous with high-quality medical services and cutting-edge healthcare facilities.
Since its inception in 2007, Burjeel Holdings has grown into an extensive network of hospitals, medical centers, and specialty clinics, offering comprehensive healthcare services ranging
from general medicine to highly specialized treatments. The flagship Burjeel Medical City in Abu Dhabi stands as a testament to the group’s commitment to clinical excellence, patient care, and innovative medical technology, setting new benchmarks in the region.
Dr. Shamsheer’s journey into healthcare entrepreneurship began with a deep-seated commitment to improving access to quality medical services in the region. A trained physician with exceptional business acumen, he combined his medical expertise with a vision to create world-class healthcare solutions tailored to the needs of diverse communities in the UAE.
Under his stewardship, Burjeel Holdings has continuously expanded its footprint, ensuring that cutting-edge healthcare is both accessible and inclusive. A strong advocate for innovation in medicine, Shamsheer has invested heavily in state-ofthe-art medical technologies and digital health solutions to enhance patient outcomes and streamline healthcare delivery.
His leadership philosophy is rooted in compassion and patient-centric care, fostering a healthcare environment where global standards of excellence meet personalized attention to patients’ unique needs. Beyond business, Dr. Shamsheer has championed philanthropic initiatives in healthcare and beyond, reinforcing his dedication to improving lives across the region.
Through his remarkable contributions, Shamsheer Vayalil has cemented his position as a leading figure in the global healthcare industry, inspiring the next generation of entrepreneurs and healthcare professionals alike.
ADEEB AHAMED Managing Director, Lulu Financial Group
ADEEB AHAMED is a prominent entrepreneur, investor, and Managing Director of Lulu Financial Group, a leading financial services provider with a strong presence across the Middle East, Africa, and Asia. Under his visionary leadership, the company has grown into a globally recognized name in money transfer, foreign exchange, and remittance services, with a network of over 230 branches worldwide.
Ahamed has been instrumental in driving the company’s expansion and leveraging technology and innovation to meet the financial needs of diverse markets. Through his efforts, Lulu Financial Group has embraced digital transformation, introducing cutting-edge solutions such as mobile apps, online remittance platforms, and blockchain-based services to ensure
greater financial inclusion and accessibility, particularly for underserved communities.
In addition to his work with Lulu Financial Group, Ahamed is a passionate advocate for startups, especially in the fintech sector. His active investments in technology-driven enterprises reflect his commitment to fostering innovation and creating financial solutions for the modern world. Lulu Financial Group operates as part of the Lulu Group, a retail giant with over 150 hypermarkets, supermarkets, malls, and department stores across the region.
Ahamed’s business acumen extends to the hospitality sector. He is the founder of Twenty14 Holdings, an Abu Dhabi-based hospitality investment firm with a portfolio of luxury properties, including the Great Scotland Yard Hotel in London, the Waldorf Astoria Edinburgh – The Caledonian in Scotland, the Sheraton Oman in Muscat, the Pullman Downtown Dubai, and Port Muziris in Kochi, India.
Beyond his corporate success, Ahamed is deeply committed to corporate social responsibility, supporting philanthropic initiatives in education, healthcare, and disaster relief. His efforts to combine business growth with positive social impact have made him a respected figure in both the financial and philanthropic communities.
Through his leadership, Adeeb Ahamed continues to shape Lulu Financial Group into a dynamic global enterprise while expanding his influence across diverse sectors, making a lasting impact on both industry and society.
Ahamed has been instrumental in driving the company’s expansion and leveraging technology and innovation to meet the financial needs of diverse markets.
ASHISH VIJAY
Founder, AV Group
FOR OVER 77 YEARS, the AV family legacy has been synonymous with excellence in diamonds, fine jewelry, and high-value collectibles. Carrying forward this rich tradition, Ashish Vijay has redefined the standards of the luxury industry, blending heritage, innovation, and financial acumen to position AV Group as a global leader.
At the heart of Ashish Vijay’s vision lies AV’s Private Collection, an assemblage of the world’s rarest diamonds and gemstones, each selected for its exceptional quality, historical significance, and rarity. From the Scarlet Chakra Fancy Red Diamond to the finest Colombian no-oil emeralds like the Earth Magic Necklace, the collection is a tribute to nature’s artistry and the craftsmanship that transforms these stones into icons of timeless beauty.
Dubai and the UAE have played a pivotal role in this journey, providing the ideal environment for luxury and high-value investments to flourish. With its global connectivity, visionary leadership, and thriving ecosystem, the region has enabled Ashish Vijay to elevate AV Group to new heights, setting new benchmarks in the industry.
Ashish Vijay possesses a rare ability to identify and select the world’s finest gemstones— each piece a testament to his deep expertise, instinct, and appreciation for rarity.
Beyond diamonds, AV’s Private Collection is also home to rare masterpieces of jewelry and high-value artistic creations— each representing an intersection of heritage, exclusivity, and unparalleled artistry.
Ashish Vijay’s passion for rarity extends beyond gemstones, curating some of the world’s most intricate, hand-carved sculptures, each telling a unique story of craftsmanship and culture.
From the Ruby Falcon, sculpted from a single natural ruby every piece reflects an unwavering commitment to preserving and showcasing the highest form of artistic expression. These creations go beyond material worth—they are legacies cast in stone, symbolizing power, resilience, timeless investments and beauty.
Ashish Vijay’s impact extends far beyond the luxury sector. Through Gems of Hope, his initiative in partnership with Tata Memorial Hospital and AIIMS Delhi, he is revolutionizing cancer care and research, ensuring that the brilliance of fine gems is matched by the light of hope for those in need. By directing resources toward critical medical aid and research, Gems of Hope is a testament to his vision of responsible luxury—where wealth creates lasting, meaningful change.
Recognizing the evolving financial landscape, Ashish Vijay is now leading the launch of the AV Investment Fund, a groundbreaking investment initiative aimed at maximizing investor earnings while expanding opportunities in high-value assets. This move cements AV Group’s role as a pioneer in asset-backed wealth creation, ensuring sustainable growth in a rapidly shifting global economy.
DR. THUMBAY MOIDEEN
Founder and President, Thumbay Group
A MAN OF VISION AND DYNAMISM, with the determination to succeed, Dr. Thumbay Moideen is recognized in India and beyond for the various achievements to his credit.
Born on 23rd March, 1957 in Mangalore (India), Dr. Thumbay Moideen was raised in a traditional family with a business background. Today, his name is synonymous with professionalism and positive approach.
Taking to business at the tender age of 21 years, he demonstrated his business acumen from the very start. Dr. Thumbay Moideen handled the mantle of the large business house established by his father Dr. Ahamed Hajee Mohiudeen.
His father Dr. Ahamed Hajee Mohiudeen and grandfather Mr. Yenepoya Moideen Kunhi’s
inspiration enabled him to grow and expand the business, taking it to new heights within a few years. During 1997, Dr. Thumbay Moideen established the THUMBAY Group in UAE.
Under his dynamic leadership, the group went on to achieve tremendous growth, and in the process, provided a means of livelihood to hundreds of families over the last decade. The Thumbay Group has over the years evolved as a diversified business group with operations across 20 sectors including Education, Healthcare, Medical Research, Diagnostics, Retail Pharmacy, Health Communications, Retail Optical, Wellness, Hospitality, Real Estate, Publishing, Technology, Media, Events, Medical Tourism, Trading and Marketing & Distribution.
Taking to business at the tender age of 21 years, he demonstrated his business acumen from the very start.
RAVI PILLAI
Founder and chairman, RP Group
HAILING FROM A FAMILY of farmers in Kerala, Dr. Pillai established RP Group in the 1970s after his small construction firm shut shop, prompting him to migrate to KSA. Between 1985 and 1990, the group expanded to 5,000 employees; procured business from a petrochemical major in KSA; and secured major contracts in Al Jubail. By the nineties, Pillai had expanded
the business to other GCC countries and began construction for oil and gas as well as petrochemical and steel companies, emerging as a leading regional general contractor.
And today, the group covers sectors including construction, infrastructure, retail, hospitality, and healthcare. The group are a preferred partner for some of the largest companies in the world that are actively involved in developing the hydrocarbons industry across the Middle East.
RP Group aims to strengthen its role as a leading diversified conglomerate, with ventures in construction, real estate, hospitality, healthcare, education, IT, and retail. Guided by principles of strategic significance, operational excellence, reliability, and community commitment, RP Group leverages its broad and servicefocused business portfolio to position itself as a top global diversified entity.
With a firmly established foothold of over four decades in the Middle East region, across nine countries, extending in 20 cities, the group is well established across the hospitality sectors in both the UAE and India. Boasting over seven hotels in Kerala and the GCC region, Pillai has purchased two more properties in Pune, and are setting up a 200-villa luxury resort in the Maldives. The group’s successful subsidiary Taj RP International has completed the Crowne Plaza Dubai Marina, with RP Global also developing two projects in Business Bay and on Sheikh Zayed Road, worth $1.5 billion.
The RP Group has underlined its exceptional competency in hospitality services in the UAE and India. The Raviz Group is an ancillary of the RP Group of Companies, with a portfolio of resorts and hotels in the UAE and India.
KABIR MULCHANDANI
Founder and Executive Chairman, FIVE Holdings
KABIR MULCHANDANI is the founder and Executive Chairman of FIVE Holdings.
With assets exceeding USD$2.9 billion, over 1,700 keys, a workforce of over 3,000, Mulchandani’s leadership has propelled the expansion of FIVE Holdings to include flagship properties FIVE Palm Jumeirah, FIVE Jumeirah Village, and FIVE LUXE in Dubai, FIVE Zurich in Switzerland, and acquired Ibiza landmarks—Destino Five Ibiza, El Hotel Pacha, and the iconic Pacha Ibiza nightclub—through the landmark €302.5 million acquisition of The Pacha Group in October 2023, aligning with Mulchandani’s vision of building a universal ecosystem of luxury, entertainment, and sustainability. The Group also encompasses FIVE MODE and The Pacha Collection Fashion Lines, Fly FIVE and FIVE Music, the Group’s record label.
FIVE Holdings’ financial trajectory under his stewardship led to an impressive AED 1,531 million in revenue for the nine months ended September 2024 and an EBITDA
of AED 525 million, reflecting robust growth and consistent performance. His strategic decision-making extends to the financial markets, demonstrated by the successful launch of a $350 million Green Bond on Nasdaq Dubai in October 2023, underscoring his commitment to sustainable innovation while achieving significant financial milestones.
A champion of green innovation, Mulchandani has achieved groundbreaking milestones in sustainable hospitality as evidenced by FIVE Holdings’ pioneering ESG achievements. Both, Dubai Hotels operate on 100% solar power, hold 100% LEED Platinum certifications in Dubai and Zurich, the highest standard in green building, and earned the world’s only and highest ‘A’ ESG Rating through ISS.
Addressing Ibiza’s water scarcity, Destino Five Ibiza has implemented conservation measures, reducing usage by 24.3% during the summer of 2024, as a start of its Net Zero Water initiative underway. A significant achievement in energy was a 100% green power contract, which The Pacha Group secured in 2024. The Resort, Pacha Ibiza Nightclub, and El Hotel Pacha are also registered with the US Green Building Council and are undergoing renovations to meet green building standards of LEED Gold or Higher.
Mulchandani has built a peoplefirst culture right across FIVE Holdings. Acknowledged as a Great Place to Work, in 2024 FIVE Hotels and Resorts ranked #12 for Best Workplaces for Hospitality in GCC, #13 in the Best Workplaces for Millennials ‘Large Category’, #8 in the Best Workplaces ‘Large Category in the UAE’ and #16 in the Best Workplaces ‘Large Category in the Middle East’.
The company’s distinction as a large-sized organization is evident, ranking #31 in the Best ‘Large-Sized Companies in Asia’ 2024. Additionally, FIVE Hotels and Resorts stood #6 for the Happiest Employees in the Region (ahead of Coca Cola and Deloitte).
BAL KRISHEN Chairman, The Century Group
SOME
LEADERS BUILD
COMPANIES; others build legacies. Bal Krishen, the Chairman of The Century Group, has done both. From his modest beginnings as an industrial worker in the UAE to leading a multi-industry group, his journey is one of resilience, foresight, and unshakable belief in people and progress. Today, his leadership spans investment services, wealth management, banking, insurance, real estate, technology, and logistics, making Century Group a force to be reckoned with across global markets.
Bal Krishen’s ascent began with Century Financial, the UAE’s premier investment services provider. Under his leadership, Century Financial evolved from a brokerage firm into a holistic financial powerhouse, providing cutting-edge trading solutions to retail and institutional investors alike. But he wasn’t content with just redefining investment services—his vision extended further.
With the launch of Century Private Wealth, a DIFC domicile and DFSA-regulated firm, he introduced bespoke asset and wealth management solutions for high-networth individuals, offering exclusive fund strategies to prioritize long-term capital growth and alpha generation. Not stopping there, he spearheaded Century Bank Brokers, a strategic player in banking solutions, bridging the gap between financial institutions and clients. His expansion into insurance through Savington International Insurance Broker brought tailored insurance solutions to individuals and corporations.
The story of The Century Group isn’t just about business growth—it’s about revolutionizing industries. “We don’t just create opportunities; we create impact,” Krishen asserts. “Success is not measured by profit alone but by the value we bring to people’s lives.”
Krishen’s leadership philosophy is anchored in three pillars: Sustainability, Simplicity, and Scalability. He believes in sustainable growth that withstands economic shifts, simplicity in execution to keep processes accessible, and scalability to build future-ready solutions. But beyond strategy, what truly differentiates him is his commitment to people.
“We are not just a workforce; we are a force of change,” he often says, emphasizing the importance of fostering a dynamic, motivated, and engaged team. Century Financial
has been recognized as one of the best workplaces, an accolade that reflects the company’s strong culture of trust, inclusivity, and innovation.
His personal leadership style revolves around empowerment—enabling individuals to excel, take ownership, and drive the company forward. Whether mentoring young professionals or guiding seasoned executives, he believes leadership is about creating more leaders, not just followers.
For Krishen, success is incomplete without giving back. A dedicated philanthropist, he actively supports initiatives that promote financial literacy, economic empowerment, and sustainability. His commitment extends to fostering education and skills development for underprivileged communities, ensuring that progress is inclusive and farreaching.
What sets him apart from other industry leaders is his ability to foresee shifts in global markets and pivot strategically. His journey is proof that with vision, perseverance, and an unwavering belief in people, one can build not just a successful enterprise but an enduring legacy.
As he continues to expand the Century Group’s reach across new markets and industries, one thing is certain: this is not just a leader building businesses. This is a visionary shaping the future of global enterprise.
As he says :”Leadership is not about being the strongest in the room—it’s about making everyone else stronger.”
“Success
is not measured by profit alone but by the value we bring to people’s lives.
SUNNY VARKEY
Founder,
GEMS Education Group
SUNNY VARKEY has spearheaded the establishment of a worldwide educational group. Under his leadership, GEMS Education Group has expanded to own and manage over 60 schools in the MENA region alone. Currently, the group holds the distinction of being the largest nongovernmental operator of private K-12 schools globally, catering to approximately 140,000 students from over 150 countries with 400,000 successful alumni placed throughout the world.
Born in Kerala, India, Varkey’s family shifted base to Dubai in 1959 and after going abroad to attend a boarding school, he returned to Dubai in 1970. By then, his parents had already inaugurated the Our Own English High School in Dubai. Varkey took over the helm in 1980 and throughout his career trajectory, has witnessed advancement within the realms of education in the region. Notably, he established the Varkey Foundation, a key force behind the prestigious $1 million Global Teacher Prize, an accolade widely acknowledged within the education sector.
The GEMS Education Group boasts a diverse and international presence, with operations spanning several countries across the globe, including but not limited to Singapore, Kenya, Uganda, Egypt, Libya, Jordan, the US, and Switzerland. This extensive network underscores the group’s commitment to delivering high-quality education across different cultural and geographic landscapes.
In parallel to his significant contributions in the corporate realm, he is also the visionary behind the Varkey Foundation, a charitable organization dedicated to improving the standards of education for underprivileged children around the world. This initiative reflects his deep-rooted belief in the transformative power of education and his commitment to social responsibility.
Further solidifying his dedication to philanthropy, Varkey has been honored with the designation of UNESCO Goodwill Ambassador, a role that recognizes his persistent efforts and contributions towards educational and charitable causes globally. His philanthropic journey is further highlighted by his commitment to The Giving Pledge, an initiative that sees him dedicating a considerable portion of his personal wealth to philanthropic activities. This pledge not only exemplifies his altruistic spirit but also sets a precedent for impactful charitable engagement, aiming to address some of the most pressing challenges faced by communities worldwide.
For over six decades, GEMS Education has consistently prioritized ‘Family First’ as a fundamental value in its educational approach. As the largest private education provider in the UAE, in February 2024, GEMS Education unveiled its intention to integrate this foundational principle into a new initiative aimed at fostering global change, aligning with the UAE leadership’s vision for social transformation. This ethos is in harmony with the objectives of the Dubai Social Agenda 33, which underscores ‘Family: The Foundation of Our Nation’ as a key theme, reflecting the key role of family in the fabric of society.
In 2024, GEMS Education plans to initiate Family First activities, which will encompass a comprehensive survey on family values, including a series of monthly discussions in the style of TED Talks focusing on various facets of family support. These discussions will be conducted by known global experts and advocates. All 44 GEMS schools in the UAE and Qatar are committed to embedding the significance of family values and the importance of family within their educational curriculum, starting from the kindergarten level and continuing throughout the students’ educational journey.
DR. ADNAM CHILWAN
Group CEO, Dubai Islamic Bank
DR. ADNAN CHILWAN stands as a towering figure in the Islamic Banking & Finance sector, known for his transformative contributions and visionary leadership. As a pioneer in the field, he has been instrumental in evolving Islamic finance into a globally recognized phenomenon. His career, which spans nearly three decades, showcases an exceptional blend of strategic insight and innovative foresight across both the conventional and Islamic banking sectors in the region.
Stepping into the role of Group Chief Executive Officer of Dubai Islamic Bank, Dr. Chilwan now oversees an impressive financial empire, the world’s first Sharia-compliant bank and the largest Islamic Bank in the UAE. He manages an organization with assets exceeding US$ 80 billion, a market capitalization of over USD 10 billion, and a dynamic workforce of more than 10,000 employees. Under his guidance, the bank has not only expanded its reach across continents but also solidified its position as a leading entity in the world of Islamic finance.
Beyond managing a financial powerhouse, Dr. Chilwan’s impact extends to the global stage as he advocates for Islamic banking. He is celebrated globally for his pioneering efforts
Beyond managing a financial powerhouse, Dr. Chilwan’s impact extends to the global stage as he advocates for Islamic banking.
in reshaping the landscape of Islamic finance. He is a key spokesperson and thought leader, advocating for the integration of Islamic banking into the global finance mainstream. His unwavering dedication to this cause has transformed the industry, earning him recognition as a visionary and influential figure in the financial world.
Beyond his role at Dubai Islamic Bank, Dr. Chilwan holds significant positions on the boards of various strategic investments, subsidiaries, and associates. His influence extends to Noor Bank, Deyaar PJSC, Liquidity Management Centre, and the International Islamic Financial Market. He serves as Chairman of DIB Kenya’s Board of Directors. He is also known for his consultative role to governments and educational contributions, sharing his expertise at top universities and forums around the world.
While his professional life is marked by numerous achievements, Dr. Chilwan also maintains a vibrant personal life, underscored by his passion for sports, particularly cricket. He has a strong academic foundation, holding a PhD and an MBA in Marketing, and is a Certified Islamic Banker (CeIB), all of which reflect his rich academic background. These academic and professional achievements stand as a testament to Dr. Chilwan’s commitment to excellence and innovation in the banking and financial industry.
ALISHA MOOPEN Managing Director & Group CEO, Aster DM Healthcare
ALISHA MOOPEN joined Aster DM Healthcare in 2013, initially serving as a director for GCC operations before being promoted to Managing Director for the region. In 2023, she played a pivotal role in a US$1 billion transaction, which ultimately led to her appointment as the Group CEO. In this capacity, Moopen is responsible for steering the company’s strategic direction and driving its expansion into new markets.
Aster DM Healthcare is one of the region’s largest integrated healthcare providers, operating a vast network of 15 hospitals, 117 clinics, and 285 pharmacies across the GCC. With a
workforce of over 13,000 employees, including 1,673 doctors and 3,692 nurses, the company serves millions of patients annually, reinforcing its position as a leader in the healthcare sector.
Moopen is a chartered accountant and began her career at Ernst & Young. She holds degrees in finance and accounting from the University of Michigan and a certificate in Global Leadership from Harvard University. She is also the first female Chapter Chair of the Young Presidents’ Organization (YPO) Dubai Chapter. As a strong advocate for women’s empowerment, Moopen launched Aster’s Women in Leadership program, aimed at fostering leadership development among female employees.
In November 2023, Aster DM Healthcare underwent a significant corporate restructuring, with a consortium led by Fajr Capital acquiring a 65% stake in the company’s GCC operations. This move, coupled with an increased Moopen family stake in Aster’s India operations, was designed to propel growth in key markets such as Saudi Arabia and Oman. The restructuring is expected to create 2,000 new jobs and strengthen Aster’s competitive position, including plans to open 250 new pharmacies in Saudi Arabia and launch the Medcare Royal Hospital in Dubai.
With a combined market capitalization of US$2 billion, Aster DM Healthcare is well-positioned for sustained growth across its diverse markets. Moopen, the daughter of Aster DM Healthcare founder Dr. Azad Moopen, continues to build on her father’s legacy while driving the company into a new era of innovation and expansion.
Moopen is a chartered accountant and began her career at Ernst & Young.
FIROZ MERCHANT
Founder and chairman, Pure Gold Group
FIROZ MERCHANT is a prominent entrepreneur, philanthropist, and businessman in the UAE, best known as the founder and chairman of Pure Gold Group, a leading conglomerate in the gold and jewelry industry. With over three decades of experience, Merchant has transformed Pure Gold Group into one of the region’s most respected retailers, with a presence in over 170 outlets across the UAE and other key international markets.
Merchant’s entrepreneurial journey began in the early 1980s when he moved to Dubai from India with a vision to meet the growing demand for gold and jewelry in the region. Leveraging his deep understanding of the market and an unwavering commitment to quality,
he expanded Pure Gold Group from a small jewelry shop into a multi-milliondollar enterprise. Today, the company is celebrated for its wide range of highquality offerings, from luxury pieces to more affordable items, and for its reputation for innovation and exceptional customer service.
Beyond his business achievements, Firoz Merchant is highly regarded for his philanthropic efforts. A passionate advocate for social welfare, he has supported numerous charitable causes in the UAE and internationally, particularly in healthcare, education, and social development. Among his most impactful initiatives is his commitment to aiding the underprivileged. Merchant has funded medical treatments for those in
need and donated millions of dirhams to free hundreds of prisoners in the UAE by paying off their debts and arranging airfares for their safe return home.
Firoz Merchant’s legacy is defined not only by his entrepreneurial success but also by his dedication to making a positive impact on society, reflecting a profound commitment to the values of generosity, compassion, and service.
Beyond
his business achievements, Firoz Merchant is highly regarded for his philanthropic efforts.
YOGESH MEHTA
Founder
and CEO,
Petrochem Middle East
YOGESH MEHTA is a distinguished business leader and the visionary founder and CEO of Petrochem Middle East, a leading distributor of petrochemical products and industrial chemicals across the Middle East and North Africa (MENA) region. With over 30 years of expertise in the petrochemical industry, Mehta has been instrumental in transforming Petrochem Middle East into one of the region’s most successful and diversified supply chain enterprises.
Established in 1995, Petrochem Middle East specializes in the distribution, supply, and storage of a wide range of petrochemical products, including solvents, chemicals, and lubricants. Under Mehta’s leadership, the company has expanded its reach to over 50 countries, serving regional and international markets with a commitment to quality, customer satisfaction, and innovation.
Petrochem caters to a broad spectrum of industries, including automotive, construction, pharmaceuticals, and manufacturing, establishing itself as a trusted partner in the global supply chain.
Mehta’s entrepreneurial acumen and deep industry knowledge have enabled Petrochem to thrive in a highly competitive and regulated market. His forward-thinking approach emphasizes the adoption of cutting-edge technologies and sustainable business practices, positioning Petrochem as a leader in the chemical distribution sector. The company’s state-of-the-art facilities and robust logistics network underscore its reputation for efficiency and reliability.
Beyond his business achievements, Yogesh Mehta is deeply committed to corporate social responsibility and sustainability. He actively promotes ethical business practices, environmental stewardship, and community development through various philanthropic initiatives. His leadership extends beyond the boardroom, inspiring industry peers and the next generation of entrepreneurs with his dedication to excellence and integrity.
Mehta’s contributions to the petrochemical industry and his unwavering commitment to sustainability have earned him recognition as a pioneer in his field, making Petrochem Middle East a benchmark for success in the global market.
Mehta’s contributions to the petrochemical industry and his unwavering commitment to sustainability have earned him recognition as a pioneer in his field.
FAIZAL E. KOTTIKOLLON
Founder and chairman, KEF Holdings
FAIZAL E. KOTTIKOLLON is the distinguished founder and chairman of KEF Holdings, a multinational conglomerate renowned for its innovation and impact across various sectors. With a solid educational background in engineering and management, Faizal embarked on a dynamic career that began in the United States and led to transformative ventures in India and the UAE.
His entrepreneurial journey gained momentum when he established Al Ahamadi General Trading in Ajman in 1995. Within two years, Faizal founded Emirates Techno Casting FZE (ETC) in Sharjah, which became a global leader in foundry manufacturing, particularly for the oil and gas industry. The
strategic sale of ETC to Tyco International in 2012 marked a pivotal milestone, enabling Faizal to reshape KEF Holdings into a conglomerate focusing on infrastructure, investments, healthcare, and wellness.
Faizal’s vision extends beyond business, as evidenced by the Faizal and Shabana Foundation, founded with his wife, Shabana, in 2007. This philanthropic endeavour is committed to enhancing education, healthcare, and humanitarian assistance, positively impacting lives worldwide. Faizal’s life is characterized by a passion for sports, a commitment to family, and a legacy of leadership, innovation, and social responsibility.
Faizal’s life is characterized by a passion for sports, a commitment to family, and a legacy of leadership, innovation, and social responsibility.
ANKUR AGGARWAL
Chairman and Founder, BNW Developments
ANKUR AGGARWAL, an accomplished Chartered Accountant, entrepreneur, and philanthropist is the visionary founder and Chairman of BNW Developments, which is taking the real estate industry by storm.
His journey from humble beginnings in India to becoming a dynamic business tycoon in the UAE is nothing short of extraordinary. Aggarwal has transformed BNW Developments into one of the leading ultra luxury real estate firms, with around AED 19.4 billion in assets under development in less than five years.
Aggarwal’s deep expertise, spanning 18+ years in finance and real estate, has been instrumental in shaping the company’s growth and success. BNW Developments, with its international footprint, specializes in developing luxury residential, commercial, and industrial properties across diverse geographies.
The iconic leader has been widely recognized for his remarkable contributions. His accolades include the prestigious Global Business Icon Award 2024 for Real Estate of the Year by NNS Media Group, the World Realty Congress 2024 Real Estate Excellence Award, and the Golden Entrepreneur Awards 2024 for Best Young Entrepreneur in Real Estate, among others. Featured among the Elite Most Influential 2024 and honoured as a Global Indian of the Year 2023-24 by AsiaOne. He has also been celebrated for uniting global communities at the Global Bharat Festival, Dubai 2024.
Beyond his business achievements, Aggarwal is celebrated for his philanthropic efforts, championing causes like women’s empowerment and social welfare, embodying a rare combination of visionary leadership and genuine humanity. His ability to inspire, lead with a strategic vision, and foster a collaborative work environment has set him apart as a true industry leader.
His ability to inspire, lead with a strategic vision, and foster a collaborative work environment has set him apart as a true industry leader.
VIVEK ANAND OBEROI
Managing Director and Co-Founder, BNW Developments
DR. VIVEK ANAND OBEROI is a serial entrepreneur, philanthropist and critically acclaimed actor. He is transforming the UAE’s real estate landscape with a fresh approach to luxury living and investments.
Under his leadership, BNW Developments has evolved into an ultra-luxury real estate firm with approximately AED 19.4 billion in assets under development within five years. He also actively leads investments in a diverse portfolio of businesses, including edtech, fintech, agritech, media and entertainment, real estate, and sustainable luxury. His vision prioritizes both profitability and purpose.
As a committed advocate for ethical business practices, Dr. Oberoi focuses on creating social impact through his investments. He ensures that profitability is intertwined with sustainability and positive community outcomes. Whether investing in innovative startups, transformative technologies, or socially responsible ventures, he prioritizes businesses that empower marginalized communities, promote environmental sustainability, and uphold the highest ethical standards.
Deeply believing that business can be a powerful force for good, Dr. Oberoi continues to shape a future where profit and social responsibility thrive together. His leadership in both business and philanthropy reflects his dedication to making a lasting, positive impact on society, demonstrating that success can be achieved without compromising integrity. Dr. Oberoi is the only Indian actor to be recognized on the Forbes 40 Under 40 Heroes of Philanthropy list. He also actively spearheads numerous charitable initiatives that pursue scalable impact.
Dr. Oberoi’s impact extends far beyond Bollywood, achieving global recognition as a visionary entrepreneur and a dedicated philanthropist.
His numerous accolades, including being named one of Asia’s Greatest Real Estate Leaders by Asia One, the UAE Ultimate Realty Awards 2024, and Elite’s Most Influential Indians Award, are a testament to his exceptional business acumen. Furthermore, his unwavering commitment to social causes, exemplified by the prestigious Mother Teresa International Award, Good Fellows Award, SWFI 2023, Prajyot Award 2024, and the Dada Vasu Shroff Award for Philanthropy 2024, solidifies his legacy as a true global citizen.
As a committed advocate for ethical business practices, Dr. Oberoi focuses on creating social impact through his investments.
AVINASH BABUR CEO, InsuranceMarket.ae
AVINASH BABUR has played a pivotal role in establishing InsuranceMarket.ae as a leading insurance provider in the UAE. A key element of this success has been the creation of Alfred, the brand mascot, which has become a central feature of the company’s marketing strategy. Alfred represents trust, simplicity, and reliability, making insurance more approachable for customers and enhancing the company’s brand recognition and equity.
Under Babur’s leadership, InsuranceMarket.ae has set itself apart by offering a comprehensive range of insurance solutions tailored to meet the diverse needs of its customers. The introduction of myAlfred, a rewards platform, has further strengthened customer loyalty by providing exclusive benefits, reflecting the company’s unwavering focus on customer satisfaction.
Babur has been a strong advocate for digital transformation, leading the company to adopt a digital-first approach. This shift has streamlined processes, from policy selection to claims management, providing customers with a seamless and
efficient experience. His emphasis on innovation has not only enhanced customer engagement but has also raised the bar for the insurance industry as a whole.
Since its inception in 2010, InsuranceMarket.ae has grown into a dominant player in the UAE insurance sector, serving over 200,000 policyholders in 2023.
With a dedicated team of more than 350 professionals and an impressive 4.8-star rating on Google from over 21,000 reviews, the company has become synonymous with trust and excellence.
Babur’s vision extends beyond achieving customer satisfaction. He focuses on building strong partnerships with insurers and equipping insurance advisors with cutting-edge technology to enhance client service. Through strategic investments and a relentless commitment to innovation, InsuranceMarket.ae has solidified its reputation as a trusted, customer-centric leader in the UAE’s insurance landscape.
Under Babur’s leadership, InsuranceMarket.ae has set itself apart by offering a comprehensive range of insurance solutions tailored to meet the diverse needs of its customers.
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In recognition of the MENA region digital business landscape, the E-Business Awards by Entrepreneur Middle East will take place at Habtoor Palace Dubai, on April 24th 2025, at 8PM April 24th, 2025 I Habtoor Palace Dubai
AVI BHOJANI CEO, BPG Group
AVI BHOJANI’S 40+ YEAR CAREER spans Marketing services, media, education, private equity, real estate direct investments and government sectors. At the helm of the BPG Group since 1991, Bhojani consolidates the Group’s interests across advertising, public relations, design, activations, media asset management and digital verticals, in the Middle East and North Africa region.
Bhojani has stewarded integrated communications campaigns for several high-profile strategic Dubai initiatives such as the Dubai Shopping Festival and Dubai Summer Surprises, as well as the knowledge economy hubs of Internet City and Media City. He was responsible for orchestrating a supportive ecosystem to deliver DSF, a successful, first-of-its-kind event, which comprised civic and public sector authorities, hospitality, retail and tourism
stakeholders. Notably, part of the mandate also included evolving and enhancing guest relations and customer service training capabilities across all tourist touchpoints: from airport immigration to check-in desks at hotels, to offer an enhanced visitor experience.
Bhojani has held several board positions including the Founding Boards of Endeavor UAE and International Institute of Tolerance. Widely perceived as one of the most influential expats in the GCC, Bhojani has been honored by H.H. Sheikh Mohammed Bin Rashid Al Maktoum for his contribution to the evolution of Dubai Shopping Festival. He has also been recognized by leading regional media outlets for his contributions to business and society.
Bhojani has stewarded integrated communications campaigns for several high-profile strategic Dubai initiatives such as the Dubai Shopping Festival and Dubai Summer Surprises, as well as the knowledge economy hubs of Internet City and Media City.
SATISH SANPAL
Chairman, ANAX Holding
SATISH SANPAL, a distinguished businessman and entrepreneur, serves as the Chairman and driving force behind ANAX Holding. Under his leadership, ANAX Holding encompasses a diverse portfolio of ventures, including ANAX Developments and ANAX Hospitality, reflecting his global ambitions and commitment to excellence across industries.
With an entrepreneurial journey that spans continents, Sanpal has built his reputation on a keen ability to anticipate market trends, uncover hidden opportunities, and navigate dynamic business landscapes with precision. His ventures consistently highlight his foresight, innovative strategies, and dedication to quality.
With an entrepreneurial journey that spans continents, Sanpal has built his reputation on a keen ability to anticipate market trends, uncover hidden opportunities, and navigate dynamic business landscapes with precision.
As the Chairman of ANAX Holding, Sanpal’s vision and leadership unify a diverse array of sectors into a cohesive and goal-driven conglomerate. His exceptional business acumen and forward-thinking approach continue to drive ANAX Holding and its subsidiaries toward new horizons of success, cementing his status as a transformative leader in the global business arena.
Sanpal is also an advocate for sustainable entrepreneurship, mentorship, and philanthropy. Among his aspirations is to be listed among the Top 50 billionaires globally by 2034, all while contributing to societal growth and inspiring the next generation of leaders.
Beyond his professional achievements, Sanpal enjoys a wide range of personal interests, including art collection, yachting, maritime exploration, rare books and manuscripts, and luxury automobiles. He is also passionate about endurance sports, music, dance, yoga, and meditation, reflecting a well-rounded approach to life and well-being.
Recently, Sanpal was honored with the prestigious Golden Excellency Award for his contributions to the UAE’s real estate sector, a recognition of his impact and dedication to the industry.
With a vision to redefine possibilities, Sanpal aims to position ANAX Holding as a transformative entity, fostering innovation and progress while shaping a future where businesses act as catalysts for societal change.
DR. DHANANJAY DATAR
Chairman and Managing Director, Al Adil Trading
FROM HIS EARLY DAYS of helping in his father’s small grocery shop in Dubai in 1984, Dr. Dhananjay Datar’s entrepreneurial drive led him to transform the modest establishment into the renowned Adil Group.
Dubbed as the ‘Masala King’ by UAE rulers in 2001, his influence stretches far beyond the realms of the spice trade, serving as a testament to what can be achieved through relentless dedication and a desire to make a meaningful contribution to society. Datar actively participates in a range of philanthropic endeavours, demonstrating a profound dedication to social welfare
projects that complement his business and family commitments.
His involvement in these activities underscores his belief in giving back to the community, enhancing the lives of those less fortunate, and contributing to societal betterment. This blend of business success and social responsibility amplifies his legacy, making him much more than a successful entrepreneur, it highlights his role as a compassionate leader who understands the importance of uplifting communities.
Today, the group manages a network of 50 superstores across the Gulf countries, along with two spice factories, two flour mills featuring modern technology, and an import-export company operating in India. Datar’s influence extends beyond business achievements to significant philanthropic efforts, balancing his family and business commitments effectively.
Adil Trading, under Datar’s leadership, achieved notable certifications in 2006, including ISO 22000, HACCP, GMP, and GHP, and introduced over 9,000 Indian products to the UAE market. The company produces more than 700 items, such as flours, spices, and instant foods under the Peacock brand. For over three decades, Adil has provided authentic, hygienic Indian food products in the GCC region. Additionally, it has established a manufacturing unit in Dubai’s Al Quoz industrial area, producing a variety of Indian food products.
The Indian subsidiary, Mumbai-based Masala King Exports, is a leading exporter of high-quality Indian pulses, spices, and groceries. In October 2023, Datar was awarded the Icon of Dubai award by the India Today Group, recognising his contributions to the retail industry.
The Adil Group, under his guidance, continues to offer high-quality food products, maintaining strong standards and catering to the Indian community’s preferences in Dubai and beyond.
The company also recently overhauled its e-commerce platform. This significant update underscores the company’s recognition of the growing importance of online sales channels. By enhancing the user experience and streamlining the purchasing process, the company aims to not only expand its digital footprint but also to meet the increasing consumer demand for convenient and efficient online shopping options.
ZUBIN KARKARIA
Founder and Chief Executive Officer, VFS Global
IN 2001, ZUBIN KARKARIA conceptualised and founded VFS Global – as an outstanding example of disruptive innovation – and led the company to become a global leader in its space within four to five years of its inception. Today the company is a trusted partner of multiple governments across the world and is enhancing global cross-border mobility of people. Karkaria was also the CEO of the Switzerland-headquartered Kuoni Group (of which VFS Global was a part) globally from 2015 until 2017 when the Group was split-up into stand-alone businesses following its privatization. VFS Global, headquartered in Zurich, Switzerland and Dubai, UAE is a portfolio company of Blackstone, the world’s largest alternative asset manager.
With a rich experience of over 30 years in the travel and tourism business and in developing a truly global business, Karkaria has taken on and overcome several challenges successfully. An economic value creator, his success lies in his sharp entrepreneurial sense combined with organisation building skills. A visionary leader, Karkaria is also deeply attuned to the evolving technological landscape. He is a strong believer in the importance of emerging technologies and has actively championed the integration of these advancements into the strategic fabric of VFS Global. His ability to understand and leverage technol-
ogy has been instrumental in building VFS Global into a technology-led, innovative company that continuously enhances its market leadership position.
Joining Kuoni in 1991, Karkaria handled several managerial roles before he was appointed as the CEO and Managing Director of Kuoni India and South Asia in 2005 – managing the Outbound and Domestic tours division, the Business Travel division, and the Inbound Travel division, and simultaneously growing the VFS Global business. He was made a member of the Kuoni Group Executive Board in 2013, and in 2015 he became the first Asian to be appointed as the CEO of Kuoni Group.
However, Karkaria’s greatest achievement has been the conceptualisation and the outstanding success of VFS Global – the world’s leading outsourced visa, passport and consular services specialist.
In recognition of his immense experience and contribution to the broader travel and tourism related services domain and his entrepreneurial experience Karkaria has been appointed on several high-powered committees during his career. Most recently, in June 2023, he was appointed on the National Tourism Advisory Council of the Ministry of Tourism, Government of India. Karkaria has also been appointed as an Executive Committee member of the World Travel & Tourism Council (WTTC), the preeminent global travel & tourism industry body, since December 2022, prior to which he was a Global Member of the Council.
In December 2016, Karkaria was appointed ‘Chevalier de l’Ordre National du Mérite’ (Knight of the National Order of Merit) by the President of the French Republic, François Hollande. This exclusive distinction recognised Karkaria’s exemplary contributions of over the past three decades in supporting the development of travel and tourism to France. He has won several other accolades recognizing his leadership and entrepreneurial achievements, including being recognized as the “Pioneer of the Global Visa Services Industry” and being listed as one of the “Top 25 Young Executives in India” by Business Today. He has also served on the boards and committees of several industry bodies including as External Director on the board of ITDC (India Tourism Development Corporation).
VINEET BUDKI
CEO, Sigma Capital
VINEET BUDKI is a dominant force in the Web3 landscape, not only as a serial entrepreneur and the architect of successful Middle Eastern funds like Cypher Capital, but as a global thought leader. He is the CEO of Sigma Capital, a US$100 million crypto-native fund headquartered in the Middle East. Sigma Capital is poised to invest in over 100 blockchain startups within the next three years, cementing its commitment to fostering the growth of the decentralized ecosystem. Budki’s strategic investment acumen has already fueled the growth of gamechanging Web3 startups, including Mysten Labs (Sui), Gunzilla, Peaq Network, Berachain, Revolving Studios, My Pet Hooligan, and a diverse portfolio of over 300 investments.
Budki’s influence extends far beyond financial backing. He is a sought-after global speaker, sharing his expertise at prestigious events such as the World Economic Forum, Binance Blockchain Week, Token2049, and numerous other international conferences. He’s a powerful voice shaping the discourse on the future of blockchain and decentralized technologies.
His insights have garnered significant attention from leading global media outlets. Budki has been extensively featured in platforms like The Times, The Sun, CoinDesk, Cointelegraph, , Entrepreneur Middle East, and Decrypt, where he provides invaluable perspectives on market trends, adoption rates, and the overall growth trajectory of the blockchain space. He is a strong opinion leader across the internet, actively engaging on social media and furthering the global conversation.
Budki’s core belief centers on investing in transformative technologies that redefine global interaction. As he emphasizes, “Web3 investments is not about finding Magic coins but investing in startups that are changing the way the world will transact and interact with each other in the future.” With his conviction that “Web3 is the future and it’s great to arrive here early!”, Vineet Budki continues to be a driving force, propelling the evolution of the decentralized web on a global scale.
Budki’s core belief centers on investing in transformative technologies that redefine global interaction.
BALBINDER SINGH
Chairman and Co-Founder, AIOKA
BALBINDER (BALLY) SINGH has worked in the marketing, entertainment and tech industries for over fifteen years. He is currently the Chairman and co-founder of AIOKA - a UAEborn company specialising in high end Formula 1 corporate and hospitality experiences for clients such as LVMH, ADGM (Abu Dhabi Global Markets), OKX & Emirates NBD.
Singh has completed projects with and consulted for several global blue chip companies including Microsoft, The Marriott Group, Hilton Group, Alfa Romeo F1 Team, Mercedes and OKX.
AIOKA - CRAFTING CORPORATE EXPERIENCES
AIOKA has been operating in the Formula 1 space for over 15 years crafting luxurious hospitality and corporate services. Today, AIOKA operates globally, delivering activations at some of the world’s most prestigious venues from Monaco to Las Vegas, Singapore to Brazil and Abu Dhabi to Australia for leading companies including LVMH, OKX (McLaren official partner) and Jiushi Group. From recently hosting activations at The Museum Of The Future to hosting private Dom Pérignon tastings on a yacht during Abu Dhabi Grand Prix, AIOKA has ambitious plans for the future.
The company has made a name for itself hosting the uber wealthy and crafting luxury track-side experiences which include high-end cuisine, world class events and up-close encounters with the sport’s stars. But AIOKA is now leveraging the glamour and excitement of F1 to drive its expansion into the corporate B2B space. The shift to B2B also reflects changes in the hospitality industry, where clients are demanding more bespoke experiences in a corporate environment whilst enjoying the race weekend atmosphere. AIOKA utilises its strategic relationships across Formula 1, hospitality and entertainment to craft unique experiences that serve each clients needs.
Looking ahead, AIOKA has ambitious plans to continue serving its global clients. Over the next five years, the company aims to continue its rapid expansion, both within the world of Formula 1 and beyond. Most recently supporting OKX with its Dubai launch at the Museum Of The Future. With a strong foundation of excellence, innovation, and bespoke corporate experiences, AIOKA is well-positioned to build on its existing success and redefine the future of corporate hospitality.
AIOKA has been CRAFTING experiences in the Formula 1 space for over 15 years with luxurious hospitality and corporate services.
DYUTI PARRUCK
Co-Founder and CEO, Decisive
Zone
DYUTI PARRUCK, Co-founder and CEO of Decisive Zone, has earned the moniker “Mr. Golden Visa” for his unparalleled expertise in business expansion and facilitating UAE Golden Visas. Recognized by leading media outlets such as Arabian Business, India Today, and CEO Middle East, Parruck’s influence has solidified his reputation as a prominent figure in regional development. His inclusion in the UAE’s Top 50 Power List further highlights his contributions to the country’s economic growth and talent attraction.
Through Decisive Zone, Parruck has played a pivotal role in helping top-tier professionals and companies leverage the UAE’s Golden Visa program. By simplifying the complexities of local regulations, he has positioned himself as a trusted advisor and champion of the UAE’s Dubai 2040 Vision, aimed at attracting global talent and fostering sustainable development.
Beyond visa facilitation, Parruck provides strategic guidance to influential entrepreneurs, empowering them to build profitable networks and make informed decisions in Dubai’s competitive market. Decisive Zone acts as a bridge between Dubai and the international business community, offering a wide array of tailored services, including business setup, visa processing, PRO Services, finance and banking, VIP business setup, citizenship, marketing, and concierge services.
Parruck’s celebrity status has also enabled him to form highimpact partnerships, such as his collaboration with Safa Siddiqui of Dubai Bling. Together, they drive the success of Decisive Living, a luxury real estate venture catering to the growing demand for Dubai’s high-end lifestyle, particularly in the American market. The partnership simplifies relocation and investment in Dubai, offering a seamless, end-to-end experience for clients.
Through innovative strategies and a forward-thinking approach, Parruck has positioned Decisive Zone as a vital player in Dubai’s economy. From supporting startups to collaborating with key stakeholders and expanding the firm’s global footprint, Parruck continues to ensure Dubai remains a premier destination for business and luxury living.
Beyond visa facilitation, Parruck provides strategic guidance to influential entrepreneurs, empowering them to build profitable networks and make informed decisions in Dubai’s competitive market.
SURESH VAIDHYANATHAN
CEO Special Projects, Ghassan Aboud Group
Suresh Vaidhyanathan is one of the region’s accomplished C-suite leaders with an experience of 25+ years with multi-business organizations. He manages a diverse portfolio of businesses at the Ghassan Aboud Group, including strategic public private partnerships with AD Ports Group, digital platforms, and the food sector value chain.
Vaidhyanathan has an excellent professional standing in the region.
He is an alumnus of the Leading Digital Business Transformation program at IMD Business School and is certified in Blockchain Technologies and Artificial Intelligence at MIT Sloan School of Management. He completed the M&A program at University of Chicago Booth School of Business and in addition to programs in governance and investing at Harvard, INSEAD and Wharton.
He is also an alumnus of the Oxford Leading Sustainable Corporations Program.
On the governance front, Vaidhyanathan is a Certified Board Director with IOD Hawkamah, UAE, Member of GCC Board Directors Institute, Fellow Member of IOD, India and was recognized as a 2012 Board Leadership Fellow NACD, USA. He is also a charter member of the Harvard Business Club of the GCC.
Vaidhyanathan has an excellent professional standing in the region.
PARAS SHAHDADPURI
Chairman, NIKAI Group of Companies
PARAS SHAHDADPURI, Chairman, NIKAI Group of Companies, is an ex-diplomat serving the Indian government. Today, a leading businessman who is affectionately known in business circles as a gentleman and a Statesman. He is also the winner of the prestigious Bharat Shiromani Award; owner of a superbrand; and above all a philanthropist who takes deep pride in serving the community.
Shahdadpuri has been honored with many accolades and titles for serving the business community. He received the ‘CEO International Achievement Award for 2012’ at power brands
hall of fame and was hailed for his contribution to the Global Electronic Sector during the Middle East Business Leaders’ Summit in 2013. Forbes listed him as one of the top Indian leaders in UAE and he has been featured as 100 Most Influential Global Indians.
He started with trading in commodities in 1988 and chose Dubai to be the headquarters of his business activity and this laid the foundation of the NIKAI Group of Companies – a diversified business group which has forayed into Electronics, Home Appliances, IT, FMCG and Retail Food Chain.
GAURAV SINHA
CEO, Insignia Worldwide
GAURAV SINHA is CEO of Insignia Worldwide, a destination design, development & experience company.
He has been working in the industry for over three decades and is renowned for his strategic and creative acumen to make places and experiences distinct, meaningful and commercially viable.
Previously, he was the Area Director (Middle East & Asia Pacific) for Hilton Worldwide, overseeing the Waldorf Astoria, Conrad & Hilton brands.
He has provided his services to some of the world’s most revered hospitality brands, real estate developers, tourism boards and sovereign funds.
Sinha is also the author of Compassion Inc., a book about the power of empathy in life and business, published by Penguin Randomhouse UK, and critically acclaimed by Forbes and the Financial Times.
He is an active philanthropist and established Harmony House, a day-shelter for over 1,200 destitute children in India.
He has provided his services to some of the world’s most revered hospitality brands, real estate developers, tourism boards and sovereign funds.
ASHISH MEHTA
Founder, Ashish Mehta Associates
AS THE FOUNDER and managing partner of a multi-jurisdictional law practice ASHISH MEHTA ASSOCIATES, the Dubai based international lawyer’s list of clients is both impressive and diverse. His firm operates in the UAE, India and UK and includes multinationals, regional and local corporates, ultra-high net worth individuals, amongst others. Mehta is the first licensed, independent Indian lawyer in Dubai.
He is qualified to practice law in India since 1992 and the United Kingdom since 2000 (currently maintains a valid practicing certificate as a Solicitor from SRA), United Arab Emirates including before the Courts of Dubai International Financial Centre.
Mehta, who has been practicing legal professional for almost 30 years, provides analysis and counseling on complex legal documents and policies including but not limited to corporate matters, commercial transactions, banking and finance, securitization, property and construction, real estate acquisitions, mergers and acquisitions, financial restructuring for distressed assets, arbitration, mediation and litigation, intellectual property, advise and create offshore structures for wealth management, family matters, general crime and litigation issues.
As part of corporate social responsibility, since many years the firm has provided pro bono (free) legal services to distress Indians residing in the UAE at the offices of the Consulate General of India in Dubai (Pravasi Bharatiya Sahayata Kendra).
As the founder and managing partner of a multi-jurisdictional law practice Ashish Mehta Associates, the Dubai based international lawyer’s list of clients is both impressive and diverse.
SUNIL JOHN Senior Advisor (MENA), Stagwell
SUNIL JOHN, a pioneer of the Middle East’s public relations industry, serves as the Senior Advisor for the Middle East and North Africa (MENA) at Stagwell, the challenger network redefining marketing through its suite of digital-first and transformation-focused services.
In his role, John leads Stagwell’s MENA operations with a focus on driving regional growth, executing strategic acquisitions, and fostering collaboration among local agencies and partners.
With nearly 30 years of experience at the forefront of the region’s PR industry, John is best known as the founder of ASDA’A, which he established in 2000. Under his leadership, ASDA’A grew into the benchmark public relations consultancy in the Arab world. In 2008, WPP Group acquired a majority stake in ASDA’A, with John retaining a significant share. In May 2023, WPP
completed its acquisition of his remaining stake, and John left the firm in December 2023.
Since taking on his advisory role at Stagwell, John has demonstrated his characteristic energy and strategic insight.
Additionally, he introduced Forsman & Bodenfors, a globally renowned creative advertising agency, into the MENA markets, securing key clients in Saudi Arabia and the UAE. Under his guidance, Assembly Global, Stagwell’s omni-channel media agency, has achieved exceptional growth, with revenues increasing by nearly 50% in both 2023 and 2024.
John’s contributions to the PR industry have been widely acknowledged including, Outstanding Individual Achievement SABRE Award (EMEA) from Provoke (2014), Best PR Professional in the Middle East, PRWeek Global Awards (2020, 2023), MEPRA Fellowship Award (2018) and Chairman’s Award, Middle East PR Awards (2016).
John has also been instrumental in driving thought leadership through the Arab Youth Survey, an initiative he launched in 2008. Today, this research remains one of the most widely cited sources of public opinion on the region, shaping discussions among policymakers and media globally.
John’s unparalleled expertise and forward-thinking approach continue to influence the marketing and communications landscape in the MENA region. His new role at Stagwell reaffirms his commitment to innovation and excellence in shaping the future of the industry.
In his role, John leads Stagwell’s MENA operations with a focus on driving regional growth.
TONY JASHANMAL
President, Jashanmal Group
TONY JASHANMAL is a prominent businessman and the President of the Jashanmal Group, one of the UAE’s oldest and most respected retail and distribution companies. With a heritage spanning over a century, the Jashanmal Group has become synonymous with excellence in retailing, offering a diverse portfolio of premium brands across home goods, electronics, fashion, and lifestyle sectors.
Founded by his grandfather in 1919, the Jashanmal Group began as a small business in Basra, Iraq, before expanding to Kuwait and later the UAE. Under Tony Jashanmal’s modern and visionary leadership, the company has evolved into a market-leading conglomerate,
operating in the UAE, the Gulf Cooperation Council (GCC) countries, and beyond. His efforts have played a key role in the group’s diversification and its expansion into retail, distribution, and franchising.
Jashanmal has been instrumental in bringing globally renowned brands to the Middle East, including Marks & Spencer, H&M, Tiffany & Co., and Lego, among others. His innovative approach has kept the company at the forefront of the region’s retail industry, ensuring it remains competitive in a rapidly changing market. Recognizing the growing importance of technology, he has driven the adoption of e-commerce platforms and digital marketing
strategies, blending traditional retailing with modern consumer trends.
In addition to his business achievements, Jashanmal is deeply committed to philanthropy and community development. The Jashanmal family has been actively involved in charitable initiatives, focusing on education, healthcare, and social welfare, reflecting the group’s dedication to giving back to the communities it serves.
Jashanmal’s leadership, commitment to innovation, and dedication to preserving the family legacy have solidified his reputation as a key figure in the region’s retail and business landscape.
