Press Esc to close
Friday 28 November 2014
News updated at 4:29 PM IST
Weather
Max: 29.2°C
Min : 16.5°C
In Bengaluru
Sunny day

Yusuffali most powerful Indian in Gulf for 4th year in row

Dubai, Oct 6, 2013, (PTI) :
NRI businessman Yusuffali MA. Picture from http://yusuffali.com/

NRI businessman Yusuffali MA, who runs the largest retail chain in the UAE, has topped the list of the most powerful Indians in the Gulf region for the 4th time in a row with an annual turnover of USD 4.5 billion.

Kerala-born Yusuffali, Managing Director of Abu Dhabi- based EMKE Group which owns many brands including the Lulu chain of hypermarkets, employs around 27,000 people, including 22,000 Indians, in 29 nations.

Feroz Allana of the Allana Group, which manufactures and markets a well-integrated range of consumer products, came second in the list of '100 most powerful Indians in the GCC (Gulf Cooperation Council)' published today by Arabian Business magazine.

Standard Chartered banking boss V Shankar stood third, ahead of healthcare boss Dr B R Shetty, with legendary investor Ragu Kataria completing the top five.


Ashish Mehta was the highest placed lawyer at number seven, with Sunil John leading the way for entries from PR and Media, at number 14.

The list was propped up by Geebee Group boss G B Jethwani in 100th place.

This year's list also featured a record 11 female entries, with 20th placed Zulekha Daud leading the way, ahead of Jumbo Group boss Vidya Chhabria ranked 39th. Diva Modelling founder Nicole Larsen made her first ever appearance in the list in 52nd place.

Arabian Business editor Ed Attwood said, "The contribution of the Indian community to the growth of the GCC has been nothing short of spectacular, and everyone on this list has played and continues to play a major part in that story."


Those figuring in the list will be honoured on October 28 at a gala event in Dubai, with cricket legend Sunil Gavaskar appearing as the guest of honour.

The GCC comprises Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE.

Go to Top

Photo Gallery
Prime Minister Narendra Modi on his departure after attending SAARC summit...

Prime Minister Narendra Modi on his departure after attending SAARC summit...

A boy salvages for belongings amid the debris of his house in Mumbai...

A boy salvages for belongings amid the debris of his house in Mumbai...

Shyam Benegal with Naseeruddin Shah during the launch of the latter's book...

Shyam Benegal with Naseeruddin Shah during the launch of the latter's book...

Actor turned politician Kushboo with Congress vice president Rahul Gandhi...

Actor turned politician Kushboo with Congress vice president Rahul Gandhi...

An Indian army soldier keeps vigil near Pindi Khattar village...

An Indian army soldier keeps vigil near Pindi Khattar village...

Men play soccer at a field in Peshawar...

Men play soccer at a field in Peshawar...

NorthEast United FC players celebrate their third goal against Chennaiyin FC...

NorthEast United FC players celebrate their third goal against Chennaiyin FC...

An injured soldier is taken to hosp during a gunbattle with militants at Pindi Khattar village...

An injured soldier is taken to hosp during a gunbattle with militants at Pindi Khattar village...

Netanyahu attends the annual memorial ceremony for Israel's first prime minister, David Ben-Gurion..

Netanyahu attends the annual memorial ceremony for Israel's first prime minister, David Ben-Gurion..

Sharif holds hands with  Modi and  Ashraf Ghani during the closing session of the SAARC summit...

Sharif holds hands with Modi and Ashraf Ghani during the closing session of the SAARC summit...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523