June 28, 2013 2:55 PM

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Forbes felicitates top 100 Indian Biz leaders in Mid East

The leading business magazine Forbes felicitated top 100 Indian business leaders in the Middle East at a function in Dubai. Union Minister of State for Human Resource Development, Shashi Tharoor presented the honors. The Forbes list of top 100 Indian business leaders in UAE is topped by Lulu Group's Yusuff Ali, followed by Landmark Group Chairman Micky Jagtiani and BR Shetty of NMC group. Other prominent Indians in the list are PNC Menon, Sunny Varkey, Azad Moopen, Joy Alukkas, Syed Salahuddin, and Jacky Panjabi. Yusuff Ali has also been featured in the latest Forbes Billionaires list with a net worth of $1.5 billion.He heads Abu Dhabi based Lulu Group, $4.25 billion in sales retail powerhouse that runs 105 hypermarkets, supermarkets, department stores and shopping malls in the Middle East and North Africa region and India.The ranking criteria was for top business leaders was based on features like history of the company and number of years in operation, international reach, impact in terms of employment, local and international presence, CSR initiatives and charity and international recognition.

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