Nisus Finance reports strong results with total income exceeding Dh46million in the first 9 months of FY2026

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Nisus Finance reports strong results with total income exceeding Dh46million in the first 9 months of FY2026

News 3 months ago

Dubai, February 20, 2026 : Nisus Finance Services Co Ltd, a leading alternative investment and urban infrastructure platform, reported a stellar result with a total income of Dh15.68 million (IN₹387 million) for the third quarter and Dh46 million (IN₹1.13 billion) for the first nine months of the of the financial year 2026 delivering strong profitability and sustained growth momentum driven by a disciplined investment strategy and high-quality earnings.

During the nine months ended December 31, 2025, Nisus Finance reported total income of Dh46.19 million (IN₹1.14 billion) and Profit After Tax (PAT) of Dh22.97 million (IN₹567 million), significantly exceeding its full-year FY25 profitability.

This strong cumulative performance highlights the scalability of the company’s business model and its ability to consistently deliver superior returns. In addition to its strong core platform performance, Nisus Finance has further strengthened its consolidated platform through the strategic integration of New Consolidated Construction Co. Ltd. (NCCCL), enhancing its capabilities across the infrastructure and real estate lifecycle. This integrated model enables Nisus to originate, finance, and participate in execution opportunities, improving revenue visibility and strengthening its long-term growth outlook.

Earnings before Interest, Tax, Debt and Amortisation (EBITDA) stood at Dh34.11 million (IN₹842.3million), translating into a robust EBITDA margin of 74.12 percent, underscoring the company’s strong operating efficiency and scalable investment platform. Profit After Tax (PAT) for the quarter reached Dh8.18 million (IN₹201.9 million), with a PAT margin of 52.98 percent, among the highest in the industry.

The strong performance reflects Nisus Finance’s disciplined capital allocation, successful investment exits, and increasing contribution from its diversified investment platforms across India and international markets, including Dubai and GIFT City.

With the consolidation of New Consolidated Construction Company Limited (NCCCL) from the date of acquisition on 22 August 2025 through 31 December 2025, the combined platform recorded total income of Dh150.31 million (IN₹3.71 billion) in 9M FY26, including Dh92.78 million (IN₹2.29 billion) in Q3 FY26.

The EBITDA margin is 29.53 percent and PAT margin of 15.9 percent for 9M FY26.

Building on strong momentum, Nisus had guided for a total revenue of Dh48.62 million – Dh56.72 million (IN₹1.2–1.4 billion) in FY26. With 9M FY26 revenue already at Dh46.19 million (IN₹1.14 billion)(excluding NCCCL), the company is well on track and expects to surpass the upper end of this guidance for the full year. On a consolidated basis, NCCCL’s revenue in FY26 in expected to be approximately Dh226.88 million (IN₹5.60+ billion).

The Management has further appraised on the opportunities across India, UAE and NCCCL. In India, Real Estate Special Opportunities Fund (RESO I Fund) has successfully exited its investment in Skytech Estate, while in Dubai it has made a new investment of Dh93.18 million (IN₹2.3 billion) in Nisus High Yield Growth Fund.

Meanwhile, NCCCL has added two key orders, reinforcing its strong execution capabilities and growing project pipeline. Other strategic highlights include showcasing growth across the three engines i.e. Fund Management, Transaction Advisory and Strategic Investment.

Dr. Amit Anil Goenka, Chairman and Managing Director, Nisus Finance, said, “Our strong Q3 FY26 performance reflects the scalability of our investment platform and our ability to consistently generate high-quality earnings while maintaining industry-leading margins. This growth has been supported by successful investment exits, steady expansion across India and international markets, and continued momentum in our fund and asset management business.

“We remain focused on prudent capital allocation, strengthening our global investment footprint, and expanding our integrated platform across asset management, structured finance, and infrastructure investments. With a robust pipeline and strong capital efficiency, we are well positioned to sustain this growth trajectory and deliver long-term value to our stakeholders.”

The company continues to benefit from structural tailwinds in private credit, real estate, and urban infrastructure financing, supported by its differentiated integrated platform spanning fund management, transaction advisory, and infrastructure execution. Nisus’s global presence across India, GIFT City, and Dubai provides access to diversified high-growth opportunities and enhances its ability to generate superior risk-adjusted returns.

With strong quarterly profitability, expanding platform scale, and a diversified global investment strategy, Nisus Finance remains well positioned to sustain its growth momentum and create long-term value for its investors and stakeholders.

Key Financial Highlights: Consolidated (Core Platform, excluding NCCCL)

Particulars (AED Million)	Q3 FY26	9M FY26	FY 25
Total Income	15.68	46	27.27
EBITDA	11.6	34.11	448.0
EDITDA Margin	73.9%	74.12%	66.1%
PAT	8.18	22.97	325.8
PAT Margin	52.98%	50.87%	48.4%

Key Financial Highlights: Consolidated (Core Platform, Including NCCCL)

Particulars (AED Million)	Q3 FY26	9M FY26
Total Income	92.7	150.31
EDITDA Margin	20.81%	29.53%
PAT	8.52	23.48
PAT Margin	9%	15.9%

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Danube Properties Breaks Ground on Rizwan Askerali Sajan Masjid in Dubai Silicon Oasis

News 3 months ago

Dubai, February 19, 2026 : Danube Properties has officially commenced construction of the Rizwan Askerali Sajan Masjid in Dubai Silicon Oasis, marking a significant milestone in its ongoing commitment to spiritual development and community-building initiatives across the UAE.

The new Masjid represents the fifth mosque to be developed under Danube Group’s AED 50 million pledge to construct Masjids across the country — a commitment previously announced in the presence of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of The Executive Council of Dubai.

A Landmark for Faith and Community

Set within one of Dubai’s fastest-growing districts, the Rizwan Askerali Sajan Masjid will stand as a symbol of faith, unity, and responsible corporate citizenship. The mosque will be developed on a 121,000-square-foot plot, with a built-up area of 19,000 square feet, and is designed to accommodate up to 1,000 worshippers — 800 men and 200 women.

The project has been thoughtfully planned to meet the needs of the surrounding community and will include parking facilities exceeding maximum capacity requirements, ensuring ease of access and convenience for worshippers and visitors. Completion is scheduled for later this year.

Groundbreaking Ceremony Attended by Senior Officials

The groundbreaking ceremony was held in the presence of Rizwan Sajan, Founder and Chairman of Danube Group, and Badr Buhannad, Director General of Dubai Silicon Oasis, alongside distinguished dignitaries and senior officials.

Commenting on the occasion, Badr Buhannad stated:
“It is an honour to witness the groundbreaking ceremony of this beautiful Masjid developed by Rizwan Sajan. Developments such as this reflect a strong commitment towards community wellbeing and sustainable urban growth, reinforcing the importance of integrating social infrastructure within evolving master communities. I commend Danube Properties for their continued contribution to strengthening Dubai’s integrated and inclusive community ecosystem.”

Rizwan Sajan added:
“This Masjid represents our gratitude to the UAE and our commitment to creating spaces that inspire faith, harmony, and togetherness. It is not just a place of prayer, but a foundation for community connection and spiritual growth. I extend my sincere appreciation to the management of Dubai Silicon Oasis for granting us the land for this noble initiative. Their invaluable support and collaboration have made it possible to bring this meaningful vision to life.”

Strengthening a Legacy of Community Investment

With this latest development, Danube Properties continues to expand its legacy of Masjid construction across the UAE. To date, the Group has successfully delivered four mosques, each serving as a vital spiritual and social landmark within its respective community.

Beyond its portfolio of 41 successful real estate projects, Danube Group remains committed to impactful corporate social responsibility initiatives that contribute to the nation’s social development and overall wellbeing.

Upon completion, the Rizwan Askerali Sajan Masjid is expected to become a central place of worship within Dubai Silicon Oasis, serving residents, professionals, and visitors while reinforcing the values of unity, generosity, and faith that define the UAE.

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Ajman Police Club to Host 30-Day Ramadan Community and Cultural Programme

News 3 months ago

Ajman , February 20 , 2026 : Ajman Police Club has announced a comprehensive 30-day Ramadan community and cultural programme set to take place in Ajman, bringing together families, entrepreneurs, innovators and cultural enthusiasts under one unified platform throughout the Holy Month.

The large-scale initiative is being organised by Good Earth Events in association with Wealth i Group of Companies, with the objective of promoting social unity, preserving cultural heritage, encouraging education and supporting innovation.

Grand Opening and Official Inauguration

The programme will commence with pre-event promotional activities, culminating in a grand Opening Day Iftar designed to foster an atmosphere of togetherness and community bonding.

The event will be officially inaugurated by His Highness Amir, marking a key highlight of the month-long programme. The inauguration ceremony will feature VIP participation, extensive media coverage, recognition of outstanding entrepreneurs, and traditional Arabic cultural performances that reflect the rich heritage of the UAE.

Diverse Daily Activities for All Ages

Over the course of 30 days, Ajman Police Club will host a wide array of daily activities catering to all age groups. The programme includes children’s cultural performances, dedicated traditional cultural zones, live cooking experiences, and interactive educational demonstrations in agriculture, animal husbandry and robotics.

Innovative product kiosks and exhibitions will also be showcased, providing entrepreneurs and businesses with an opportunity to present their offerings to a broad audience. In addition, a daily Iftar initiative will serve and engage members of the wider community, reinforcing the spirit of generosity and social cohesion that defines Ramadan.

Promoting Community Engagement and Cultural Preservation

The Ramadan initiative underscores Ajman Police Club’s ongoing commitment to community engagement, cultural preservation and social development. By combining cultural showcases, educational programming and entrepreneurial platforms, the event aims to create a dynamic environment that encourages learning, innovation and family-oriented entertainment.

With anticipated participation from UAE nationals, residents, entrepreneurs and visitors, the 30-day programme is expected to draw significant public interest and media attention throughout the Holy Month.

As Ramadan approaches, the initiative stands as a celebration of culture, knowledge, innovation and unity — reinforcing the enduring values of giving, togetherness and shared heritage across the UAE.

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Dubai’s RTA Unveils Comprehensive Ramadan Community Programme Under “Family is Where We Belong” Theme

News 3 months ago

Dubai , February 20 , 2026 : Roads and Transport Authority (RTA) has launched a wide-ranging programme of community initiatives to mark the Holy Month of Ramadan under the theme “Family is Where We Belong.” The initiative aims to strengthen social solidarity, foster generosity, and bring happiness to diverse segments of society across the emirate.

The Ramadan programme targets underprivileged families and orphans, as well as frontline workers including metro users, bus drivers, delivery riders, taxi drivers and labourers. The humanitarian initiatives will be implemented throughout Dubai during the Holy Month.

Strategic Partnerships Strengthen Community Impact

RTA is delivering its Ramadan agenda in collaboration with a number of government and private sector partners, including Keolis MHI, DAMAC Properties, Noon, Beit Al Khair Society, Al Ahliah Charity Schools and Dar Al Hay Gents Tailoring.

The partnerships reflect an integrated approach to reinforcing community cooperation and amplifying the reach of charitable initiatives across the emirate.

RTA is also actively engaging employees and volunteers in delivering the initiatives, underscoring its commitment to promoting volunteerism, embedding social responsibility, and advancing humanitarian values that characterise the UAE community.

Ramadan Initiatives

8,000 Meals Distributed Across Dubai

Among the flagship programmes is the continued implementation of the “Meals on Wheels” initiative. A total of 8,000 meals will be prepared and distributed during Ramadan at RTA’s headquarters and at Quranic Park. RTA employees and community volunteers will participate in preparing and distributing meals to workers, reinforcing the spirit of compassion and unity.

In addition, RTA will organise the “Iftar Meal Distribution at Metro Stations” initiative in collaboration with Keolis MHI, DAMAC Properties and Noon. Iftar meals accompanied by awareness messages will be distributed to heavy vehicle drivers, bus and taxi drivers, and workers across various locations.

500 nol Cards for Eligible Families

Coinciding with Zayed Humanitarian Day, RTA is rolling out the “Ramadan Rations” initiative, which includes the distribution of 500 nol cards to underprivileged families.

A portion of the cards will be delivered directly to beneficiaries at their homes by RTA teams, while the remainder will be distributed through a cooperative society in coordination with Beit Al Khair Society. The initiative aims to provide both financial assistance and moral support to eligible families during the Holy Month.

Citywide Ramadan Celebrations

As part of broader Ramadan celebrations across Dubai, RTA will support initiatives linked to the “Season of Wulfa” by displaying the “Ramadan in Dubai” logo on Variable Message Signs (VMS) across the emirate.

The programme will also feature a decorated abra parade, enhancing the festive ambience and spreading joy in multiple locations throughout Dubai.

“Thank You, RTA Heroes” Campaign

RTA is launching the “Thank You, RTA Heroes” campaign across its official social media platforms, inviting members of the public to share messages of appreciation for frontline employees and customer service teams, including bus drivers, delivery riders, metro staff and marine transport personnel.

Selected submissions will be recognised, with winners receiving nol cards and shopping vouchers as tokens of appreciation.

“Eid Joy” Initiative

Continuing its community engagement beyond Ramadan, RTA will implement the “Eid Joy” initiative in collaboration with Dar Al Hay Gents Tailoring and Al Ahliah Charity Schools. The programme will provide Eid Al Fitr essentials and Eidiya (cash gifts) to students, ensuring they experience the happiness and excitement of Eid preparations.

Through this comprehensive programme, RTA reaffirms its enduring community role and commitment to reinforcing the values of solidarity, compassion and giving. The initiatives align with its broader strategy to enhance community happiness and improve quality of life across Dubai.

Crystal Wings Integrated Aviation Model Signals Shift Toward Disciplined Growth in Private Aviation

News 3 months ago

Dubai , February 20, 2026 : As demand for professionally managed private aviation services continues to evolve, Dubai-based Crystal Wings is positioning itself around an integrated operating model focused on reliability, transparency, and long-term value, according to senior leadership.

Founded in 2024 and headquartered in Dubai, the company provides private jet chartering, aircraft management, crew management, air ambulance operations, and aircraft acquisition consulting. Krishna Kumar, who oversees sales and operational functions, said the firm was structured from the outset to respond to increasing regulatory complexity, heightened safety expectations, and the growing sophistication of private aviation clients.

From Charter Provider to Long-Term Aviation Partner

Kumar emphasized that the company was designed to move beyond a purely transactional charter model.

“Crystal Wings was built as a long-term aviation partner rather than a single-service provider,” he said. “Our focus has always been on understanding client requirements in detail and structuring solutions that evolve with them, supported by strong after-sales service and operational continuity.”

The company’s integrated framework combines consultative advisory services, aircraft selection, regulatory compliance, operational management, and ongoing maintenance under a single structure. According to Kumar, this unified approach reduces the need for clients to coordinate with multiple vendors.

“In practical terms, it means one trusted partner managing the entire process,” he noted. “From planning and execution to post-flight support, clients are not required to coordinate across multiple providers.”

Leadership believes this consolidation improves service consistency and reduces operational friction, particularly for high-net-worth individuals, corporations, and institutional clients requiring seamless global mobility.

Balancing Discretion, Safety, and Transparency

Private aviation often requires balancing confidentiality with measurable accountability — a dynamic Kumar described as central to the company’s operating philosophy.

“We separate what needs to remain private from what must remain transparent,” he said. “Clients are always informed about outcomes, standards, and accountability, without unnecessary exposure to internal complexity.”

Safety and professional oversight remain core pillars of the company’s operations. Kumar stressed that aviation reliability depends not only on systems and technology but also on the experience and preparedness of personnel.

“In aviation, systems are important, but people make them work,” he said. “Our pilots, engineers, and operations leaders bring extensive experience and are trained to anticipate complexity, not react to it. That accountability directly supports performance and client confidence.”

The company’s medical aviation division further illustrates this operational philosophy. Air ambulance missions require rapid activation, ICU-level aircraft configuration, and coordinated execution between aeromedical teams and flight crews.

“Medical aviation leaves no margin for ambiguity,” Kumar said. “Our air ambulance operations are designed around readiness, clinical precision, and real-time coordination with medical partners.”

Dubai as a Strategic Global Anchor

Crystal Wings’ leadership identifies Dubai as central to its global strategy, citing the city’s geographic positioning, infrastructure, and regulatory environment as advantages for 24/7 intercontinental operations.

“Dubai gives us geographic reach, infrastructure, and regulatory alignment that supports around-the-clock global missions,” Kumar said. “For urgent charter missions and medical evacuations, that operational readiness is critical.”

Looking ahead, Kumar indicated that growth will remain measured and demand-driven. Fleet expansion and geographic reach, he said, will align with operational capacity rather than scale for its own sake.

“Our priorities are clear,” he added. “Reliability will always come before scale. Integration is our core strength, safety and governance are non-negotiable, and Dubai will remain our global anchor.”

As the private aviation sector increasingly shifts toward structured, professionally governed platforms, Crystal Wings’ leadership believes that operational discipline and consistency will define long-term relevance in the market.

Gargash Enterprises Supports the Dubai Duty Free Tennis Championships under the Mercedes-Benz Global WTA partnership.

News 3 months ago

Dubai, February 18 , 2026: Mercedes-Benz, as Premier Partner and Exclusive Automobile Partner of the Dubai Duty Free Tennis Championships 2026 under its long-term Premier Partnership with the Women’s Tennis Association (WTA), will be supported locally by Gargash Enterprises, the authorised general distributor of Mercedes-Benz in Dubai, Sharjah and the Northern Emirates.
As part of this global agreement between Mercedes-Benz and the Dubai Duty Free Tennis Championships, the Mercedes-Benz presence at the event reflects the Middle East’s role within a broader international platform for women’s tennis, connecting performance, innovation and leadership through premium experiences for players, fans and guests.
In support of Mercedes-Benz’s role as Experience Partner, Gargash will bring the brand’s “Welcome Home” philosophy to life by creating environments that prioritise comfort and a sense of belonging for players, officials and spectators. The collaboration will support the Championships through official player mobility, an immersive Mercedes-Benz brand showcase, and curated hospitality and engagement zones designed to
elevate the on-site experience.
The WTA 1000 tournament takes place from 15 to 21 February 2026, followed by the ATP 500 tournament from 23 to 28 February 2026, at the Dubai Duty Free Tennis Stadium in Garhoud.
“Tennis is the ultimate showcase of precision and peak performance, qualities equally reflected in the Mercedes-Benz engineering ethos,” said Thomas Schulz, General Manager, Gargash Enterprises. “Under Mercedes-Benz’s global partnership with the WTA, we are proud to support the Dubai Duty Free Tennis Championships alongside Mercedes-Benz by delivering seamless mobility and curated brand experiences that enhance how athletes and visitors experience the tournament.” Visitors can expect a striking Mercedes-Benz presence throughout the venue, including a premium vehicle display, exclusive hospitality zones, and seamless mobility solutions for players and officials. The brand’s curated spaces will offer fans an up-close encounter with the latest Mercedes-Benz models while enjoying the electrifying atmosphere of the tournament.

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Sharjah Strengthens India Ties with High-Level Investment Roadshow in Ahmedabad and Chennai

News 3 months ago

Sharjah, February 18 , 2026: A high-level delegation from Sharjah has concluded a two-day investment roadshow in Ahmedabad and Chennai, reinforcing economic ties and exploring new avenues for collaboration across technology, industry, services and culture.

The ‘Sharjah–India Investment Roadshow’ was organised by the Department of Government Relations (DGR) in collaboration with Invest in Sharjah and the Confederation of Indian Industry (CII). The initiative reflects growing momentum in bilateral trade and investment between the emirate and key Indian economic hubs.

Strong Economic Indicators

The visit comes amid robust economic growth between Sharjah and India. Indian investments have created more than 3,600 jobs in Sharjah over the past five years. During the first nine months of 2025 alone, Indian investors recorded AED 6.1 billion in real estate transactions in the emirate, underlining sustained confidence in Sharjah’s investment climate.

More than 45,000 Indian companies currently operate across Sharjah’s free zones and mainland, spanning manufacturing, trade, logistics and technology sectors. In 2025, over 100 Indian foreign direct investment (FDI) projects were implemented in Sharjah, with a combined value nearing USD 3 billion.

Connectivity has also strengthened commercial ties, with 110 weekly flights linking Sharjah to 13 major Indian destinations.

High-Level Delegation

The delegation was led by Sheikh Fahim bin Sultan Al Qasimi, Chairman of the Department of Government Relations and the Higher Committee for Economic Integration in Sharjah. It included H.E. Mohamed Juma Al Musharrkh, CEO of Invest in Sharjah; Marwan Saleh Alichla, Director of Investment Promotion and Support at Invest in Sharjah; Saif Mohammed Al Suwaidi, Director of Sharjah Publishing City Free Zone (SPC); and Mohammed Bani Hammad, Director of Business Development at Sharjah Research Technology and Innovation Park (SPARK).

Expanding Industrial and Technology Partnerships

Business seminars hosted in collaboration with CII brought together leading industrialists and investors in both cities. In Chennai, the delegation was received by Ajit Chordia, Chairman of CII Chennai Zone and Managing Director of Olympia Group India, alongside senior business leaders. In Ahmedabad, Sunil Dave, Convenor of the CII Gujarat State Panel on International Trade and Exports Collaboration and Managing Director of BC Instruments India Pvt Ltd, welcomed the Sharjah officials.

In his keynote address, Sheikh Fahim Al Qasimi emphasised Sharjah’s commitment to direct engagement with India’s dynamic industrial centres.

“The vibrant automotive, engineering, technology and manufacturing sectors in Chennai and Ahmedabad reflect the same ambition that drives Sharjah’s economic strategy,” he said, describing the cities as natural partners for long-term cooperation.

Mohamed Juma Al Musharrkh highlighted the depth of the Sharjah–India partnership, noting that India remains one of Sharjah’s most trusted trade and investment partners.

“Our objective is to translate this strong relationship into concrete partnerships that enable Indian companies to scale regionally and globally from Sharjah,” he said.

CII representatives underscored that the UAE–India Comprehensive Economic Partnership Agreement (CEPA) has further strengthened the trade and investment landscape, creating a stable and open framework for bilateral growth.

Spotlight on Emerging Opportunities

Panel discussions titled “Investment Opportunities in Sharjah” were held in both cities, focusing on advanced industries, logistics, digital transformation, research and development, smart solutions and creative sectors.

Officials also highlighted growing interest among Indian publishers in establishing operations in Sharjah, supported by the specialised ecosystem at Sharjah Publishing City. Meanwhile, SPARK’s advanced infrastructure was presented as a gateway for Indian companies seeking access to markets across the Middle East and Africa.

The delegation additionally held meetings with industrial and technology firms to explore collaboration in advanced manufacturing and knowledge-based industries, aligning with Sharjah’s long-term vision to build a diversified, innovation-driven economy.

The roadshow marks another milestone in Sharjah’s expanding economic diplomacy, reinforcing its position as a strategic bridge between India and global markets.

M.A. Yusuff Ali Tops ‘100 NRIs’ List of Most Influential Indians in the Middle East

News 3 months ago

Dubai , February 18, 2026 : M. A. Yusuff Ali, Chairman of Lulu Group International, has been ranked the most influential Indian expatriate in the Middle East, topping The 100 NRIs list released by leading regional business magazine Middle East Entrepreneur.

The annual ranking recognises Indian-origin leaders who have made significant contributions across retail, real estate, healthcare, finance, technology, innovation and strategic investments. According to the magazine, the list was curated after an extensive evaluation of business impact, leadership influence and long-term contribution to regional economic growth.

Yusuff Ali Leads the Rankings

The publication highlighted Yusuff Ali’s transformative role in modernising the retail ecosystem across the Gulf region. Under his leadership, Lulu Group established a professionalised retail model that strengthened supply chains, enhanced food security frameworks and generated large-scale employment opportunities.

Beyond retail, the group’s investments in hospitality, healthcare, financial services and sustainable infrastructure have accelerated diversified economic development in the region, the magazine noted.

Prominent Names in the Top Five

Joining Yusuff Ali in the top five are:

Sunny Varkey, Founder and Executive Chairman of GEMS Education
Dr. Adnan Chilwan, Group CEO of Dubai Islamic Bank
Dr. Azad Moopen, Founder of Aster DM Healthcare
Dr. Shamsheer Vayalil, Founder and Chairman of Burjeel Holdings

The magazine underscored the critical role played by healthcare, education and financial institutions in shaping the Middle East’s long-term growth trajectory.

Business Leaders Dominate Top Ten

Several high-profile Indian business leaders also secured places in the top ten, including:

Adeeb Ahamed, MD of Lulu Financial Holdings
Vivek Oberoi, Bollywood actor and Co-founder of BNW Developments
Ankur Aggarwal, Founder and Chairman of BNW Developments
Ajay Bhatia, Founder and CEO of SOL Properties
Manish Malhotra, Creative Director and entrepreneur

Industry Stalwarts Feature in the List

Other notable figures featured include:

P. N. C. Menon of Sobha Group;
Thumbay Moideen of Thumbay Group;
Ravi Pillai of RP Group;
Firoz Merchant of Pure Gold Jewellers;
Rizwan Sajan of Danube Group;
Sohan Roy of Aries Group;
Ramesh Ramakrishnan of Transworld Group;
Joy Alukkas; and
Shamlal Ahamed of Malabar Gold & Diamonds.

Women Leaders Make Strong Presence

The list also highlights the growing influence of women leaders in the region’s corporate landscape. Among those featured prominently are:

Sima Ganwani Ved of Apparel Group;
Prakriti Singh of Mastercard;
Renuka Jagtiani of Landmark Group;
Shobha Menon of Equiti Group;
Vidya Chhabria of Jumbo Group;
Alisha Moopen of Aster DM Healthcare; and
Sonia Gokhale of VentureSouq.

Celebrating Indian Impact in the Gulf

The 100 NRIs list reflects the expanding economic and strategic footprint of the Indian diaspora in the Middle East. From retail and infrastructure to healthcare and fintech, Indian entrepreneurs continue to play a pivotal role in shaping the region’s evolving business landscape.

With strong cross-border trade ties and long-standing cultural connections between India and the Gulf nations, the influence of Indian business leaders in the Middle East shows no signs of slowing down.

Sheikh Zayed’s vision steered the UAE to become a global player, a new book, Authentic Leadership, shows

News 3 months ago

Dubai , February 17 , 2026 : An event attended by His Excellency Abdulla bin Touq Al Marri, UAE Minister of Economy and Tourism, marked the official launch of Authentic Leadership – Invaluable Lessons from the Life and Natural Leadership Style of Sheikh Zayed bin Sultan Al Nahyan, a new book by prominent Emirati business leader and Lootah Holding Chairman Saleh Abdullah Lootah.

The book explores the visionary leadership of the late Sheikh Zayed bin Sultan Al Nahyan, the founding father of the United Arab Emirates, and offers a timely reflection on the values-driven approach that transformed a collection of coastal emirates into one of the world’s most dynamic and globally respected nations.

A Vision That United a Nation

Sheikh Zayed’s ability to unite diverse tribes and emirates under a shared national vision remains one of the most defining achievements in modern state-building. Through dialogue, conviction, and an unwavering commitment to the greater good, he laid the foundations of the UAE Federation in 1971 and led the country for more than three decades with wisdom, humility, and purpose.

Before unification, the region was known as the Trucial States — a grouping of coastal sheikhdoms navigating complex tribal and geopolitical realities. The emergence of the UAE from these beginnings into a global economic powerhouse required leadership capable of addressing cultural diversity while inspiring unity and shared aspiration.

In less than 55 years since its formation, the UAE has risen to become the world’s 29th largest economy, with Gross Domestic Product reaching approximately US$570 billion — a milestone that underscores the depth of its economic transformation.

From Coastal Emirates to Global Hub

Today, the UAE stands as the second-largest Arab economy and a major global hub for trade, investment, innovation, and talent. In 2025, the nation’s non-oil foreign trade reached Dh3.8 trillion, reflecting sustained growth and resilience amid shifting global dynamics.

The country has become an international destination for entrepreneurs, investors, scientists, professionals, and global talent, widely regarded as one of the safest and most opportunity-rich environments in the world.

According to Lootah, this progress is deeply rooted in Sheikh Zayed’s authentic and people-centred leadership philosophy.

“When the UAE was formed, uniting seven Emirates with distinct identities posed an extraordinary challenge,” Lootah writes. “Sheikh Zayed achieved this unification through the power of vision — speaking with clarity, listening with respect, and inspiring a shared purpose.”

Leadership Through a Modern Lens

In the book, Lootah draws on leadership scholarship and lived national experience to present Sheikh Zayed as a model of “authentic leadership” — a style grounded in integrity, responsibility, empathy, and long-term vision.

The publication also examines how the UAE’s leadership has consistently transformed global challenges into opportunities — from financial crises to the COVID-19 pandemic — demonstrating adaptability, courage, and governance focused on people and long-term sustainability.

By evaluating Sheikh Zayed’s approach through the lens of modern global management frameworks, Lootah argues that the founding father intuitively embodied principles that today’s leadership theorists formally define.

A Blueprint for Future Leaders

Now available in English and Arabic through Amazon, Authentic Leadership serves as both a tribute to Sheikh Zayed’s enduring legacy and a blueprint for the next generation of leaders — those committed to building trust, driving meaningful impact, and shaping a future rooted in values and purpose.

The launch event underscored the continued relevance of Sheikh Zayed’s philosophy at a time when leadership worldwide faces increasing complexity. More than a historical reflection, the book positions authentic, values-based leadership as essential to sustainable national and organizational success in the 21st century.

Dealing’ Debuts to Make Global Markets Accessible for Long-Term Wealth Creation

News 3 months ago

Dubai ,February 17 , 2026 : 2026: Dealing , a new global investing platform, has officially launched with a clear mission to reshape how investors access, understand, and participate in global financial markets. Built as an investment-first platform, Dealing is designed for long-term investors who prioritise diversification, discipline, sustainable wealth creation, and exposure.

Starting today, Dealing will offer opportunities to invest in more than 30,000 financial assets across 10+ global markets operating under 30+ licenses and registrations. Through a single unified account, investors can participate across stocks, ETFs, derivatives, and other global instruments, enabling meaningful diversification across markets.

The platform’s core focus is to provide a fully transparent, secure, simple, and compliant investing experience across mobile and web. It is built on an education-led approach that empowers investors to make informed decisions with the right mindset, free from pressure, urgency, or impulsive actions. At a time when global equity participation remains structurally limited, Dealing unlocks borderless access, enabling investors to participate across markets worldwide and access wealth-creation opportunities that extend beyond the ordinary, beyond borders, and beyond the obvious.

The global investing platform is first consumer-facing platform under the broader umbrella offered by Dealing Investment Banking Services headquartered in Mauritius. Dealing Investment Banking Services offers corporate finance advisory, product structuring and distribution, wealth management and investment advisory, market making / liquidity facilitation and brokerage and execution services through the global investing platform.

Tajinder Virk, Co-Founder and CEO, Finvasia Group and Dealing said at the launch,“Dealing was born from a simple insight: global investing isn’t a lack of opportunity, it’s the complexity and fragmentation that hold most investors back. Even today, around 90% of global stocks remain out of reach for individual investors. Dealing was created to remove these barriers, uniting global markets, opportunities, and assets into a single, transparent experience so investors can participate confidently and focus on long-term wealth creation.The global investing platform is a part of Dealing Investment Banking Services and it is going to revolutionize how investment banking is done. This is our first step of bringing investment bank to the masses.”

Backed by the Finvasia Group, Dealing Investment Banking Services operates within a robust global regulatory and compliance framework, including an FSC Mauritius Investment Banking License, CySEC regulation, and authorisation under the UAE Securities and Commodities Authority (SCA), alongside other international registrations. The platform’s fully-owned technology stack and direct regulatory licensing provide rare end-to-end control over infrastructure, compliance, execution, and data security, reducing reliance on intermediaries while enhancing transparency and investor protection. The group has been serving investors across 120+ countries.

The launch of Dealing was marked at IFX Dubai Expo, one of the world’s leading global fintech and trading industry forums, reflecting the platform’s global ambition and institutional-grade foundations.

Following its launch, Dealing will initially focus on expanding its presence across GCC markets, with plans to progressively scale into Europe, Africa (including South Africa), and other key global regions. As global markets evolve, Dealing will continue to add more assets, more markets, and broader opportunities. As investors increasingly seek international exposure across developed, emerging, and fast-growing markets, Dealing prioritises education over speculation, alignment over activity, and long-term wealth creation over short-term noise.

With its launch, Dealing sets out to redefine what global investing should look like in the modern era: accessible, responsible, and built around the investor.