2. Overview
The world has 1,011 billionaires, up from 793 a year ago, and that was despite
the global economic slowdown, according to the Forbes annual list of the world's
richest people.
Among the top 10 richest persons across the world, there are two Indians.
Although China has more billionaires than India (which has 23 billionaires), ten of
Asia's top 25 are Indian, while one is Chinese. Hong Kong and Japan each have
five in Asia's top 25.
So who are the richest Indians in UAE?
3. List of top 10 richest Indian in UAE
1. Micky Jagtiani, Landmark Group
2. BR Shetty, NMC Group
3. Chhabria family, Jumbo Group
4. Yusuff Ali MA, Emke
5. PNC Menon, Sobha Developers
6. Ramesh Prabhakar, Rivoli
7. Rajen Kilachand, Dodsal Group
8. Tony Jashanmal, Jashanmal Group
9. Dr P. Mohamed Ali, Galfar
10. Sunny Varkey, GEMS
4. Dr P Mohamed Ali
Out of the top 10 richest Indian Galfar construction MD Dr P
Mohamed Ali has been consistently making his way in LIST OF TOP 10
since last 5 years.
In 1972, Dr P Mohamed Ali founded Galfar Engineering and
Contracting, in the Sultanate of Oman, along with Sheikh Dr. Salem
Said Al Fannah Al Araimi.
Galfar began as a small construction company and grew to become
Oman's largest private sector employer. Galfar Engineering &
Contracting SAOG (Galfar) is Oman’s largest construction company
with EPC capability in Oil & Gas, Roads & Bridges and Civil, Marine
Infrastructure and Utilities & Service sectors operating in Oman, other
GCC countries as well as India.
For over 40 years, Galfar has established itself as the “Preferred
Partner in Development” in Oman with a turnover above USD 1
Billion.
5. Dr P Mohamed Ali
As the founder of Galfar Engineering and Contracting Co, Dr P Mohamed Ali has earned his
stripes as one of the Gulf’s leading entrepreneurs.
From its start in 1972, the firm has grown into the single largest private sector employer in
Oman, with an annual turnover of more than $1bn and more than 27,000 staff.
Outside of his business interests, Dr Ali is the founder of the Oman Petroleum Alliance and the
former vice chairman of the state-backed Omanisation Joint Committee.
His charitable works include founding the PM Foundation, which promotes education in rural
Indian communities, and being chief patron of the Talikulam Vikas Trust.
Dr Ali has been awarded the Oman Civil Order for his services to the sultanate and, in 2004,
received the coveted Outstanding Non-Resident Indian Award.
6. Dr P Mohamed Ali Awards and Achievements
Through his work at Galfar and his numerous social initiatives and projects, Dr. Ali has received
many accolades from both the Omani government and those abroad.
He was awarded an honorary degree of Doctor of Science from Glasgow Caledonian University
in 2001. In 2002, he was presented the Oman Civil Order award from the representative of His
Majesty Sultan Qaboos, for his contribution to Oman in the business sectors, as well as for his
social and education initiatives.
Then in 2004 from Atal Bihari Vajpayee, the then Prime Minister of India, Dr. P. Mohamed Ali
received the Pravasi Bharatiya Samman award, for promoting the honor and prestige of India.
In 2013, he was honoured with the Pravasi Diwas, by the President of India for his
contributions to the hospitality sector, as well as his support in developing the Cochin
International Airport.
This past year, he was awarded the Asian Business Leadership Forum Award (ABLF Award), for
Business Courage 2013.
