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Richest Indian in UAE which includes Dr P Mohamed Ali on the top
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Background on Indian Expatriates • Since the 1970’s oil boom, the gulf region has been one of the principal destinations for workers from South Asia. • Indian’s constitute a large percentage of non nationals living in UAE. • Out of estimated 15 million 5 millions are Indians, which makes Indians the largest expatriate group in each of the Gulf countries. • Most Indian immigrants are from south Indian state like Kerala, Tamil nadu, Karnataka out of which maximum are from Kerala.
Background on Indian Expatriates • The UAE’s success in such a short period of time is often credited to its citizens. • Many of the country’s high-flying achievers and future makers hail from India. • From computers to telephones, to schools and hospitals, prominent Indians have shaped and enriched lives of all those who live in UAE. • From last five years many of the Indian business tycoons in UAE, who hail from India, have made it in the list of top influential personalities in UAE as well.
List of Richest Indian • Micky Jagtiani- $4.5 bn • FerozAllana - $4.3 bn • RaghuvinderKataria- $2.5 bn • Yusuffali MA - $2.2 bn • BR Shetty - $1.9 bn • Ravi Pillai - $1.85 bn • Sunny Varkey - $1.6 bn • Dr P Mohamed Ali- $95om
Richest Indian since last 10 years • One businessmen who have always been in the list of richest and influential personalities since last 10 year is • Dr P Mohamed Ali
Dr P Mohamed Ai • Dr P Mohamed Ali is a Non-resident Indian businessman hailing from Thalikulam in Thrissur. • He is the founder of Galfar Engineering and Contracting Co. • Ali is ranked as the twelfth richest Indian ($950 million) in the Gulf region by Arabian Business.com. • The Oman Government has awarded "Civil Order Grade Three" to him for the contribution to the country • Then in 2004 from Atal Bihari Vajpayee, the then Prime Minister of India, Dr. P. Mohamed Ali received the PravasiBharatiyaSamman award, for promoting the honor and prestige of India.