Lulu Group boss Yusuff Ali MA has topped the Forbes "100 top Indian leaders in the Arab World 2014". Forbes, world's top business and financial source unveiled the list at a function held at Godolphin Ballroom, Jumeirah Emirates Tower, Dubai.
Landmark Group Chairman Micky Jagtiani came in the second position while Dr. BR Shetty of NMC group stood in the third position. The other prominent persons who appeared in the list are Sunny Varkey, Tony Jashanmal, Sayed Salahuddin, Rajan Kilachand, PNC Menon, Ravi Pillai etc.
The glittering function was attended by T.P. Seetharaman, Indian Ambassador to UAE and Bollywood Star Sharukh Khan and members of business community.
The Bollywood superstar is the first Indian celebrity to grace the cover of Forbes Middle East special issue. Forbes Middle East's Top Indian Leaders in the Arab World event celebrates the drive and passion of the top Indian business leaders in the region.
Nearly 170 individuals have made it to the list that celebrates the achievements of India’s top movers and shakers in the Middle East business world. With 170 individuals making it onto the list, the ranking celebrates the impressive diversity of the achievements of India’s top movers and shakers in the Middle East business world.
The Top Indian Leaders list is compiled after extensive and detailed research into Indian businesspeople residing or operating a business in the region.
About Yusuff Ali:
Yusuff Ali has also been featured in the latest Forbes Billionaires list with a net worth of $2 Billion. He heads Abu Dhabi headquartered Lulu Group, more than $ 5 billion in sales retailing powerhouse that runs 110 hypermarkets, supermarkets, department stores and shopping mall in the MENA region & India and plans to open 42 Hypermarkets in the next two years.
The group is all set to expand its operations in Malaysia with 10 new hypermarkets scheduled to open by early next year. Lulu group which has recently been ranked by Deloitte as one of the fastest growing retailers in the world is also investing in developing a logistics and sourcing center Turkey and Brazil, which are expected to be operational very soon.