India’s Foremost Trade & Investment Magazine

Global Indians in the UAE

August 2017, Global Indians
The United Arab Emirates (UAE) has attracted a series of Indian entrepreneurs to its shores who today stand out as the perfect ambassadors for India-UAE ties.

Yusuffali MA Organisation: Lulu Group Industry: Retail Place of origin: Kerala

Background: Left India in 1973 for Abu Dhabi to join EMKE Group, founded by his uncle. There he developed the business further and launched the Lulu Hypermarket in 1990 at a time when the retail sector in the UAE was undergoing a change. The group today employs the largest number of Indians outside India.

He is one of the wealthiest Indian with stakes in Catholic Syrian Bank, Federal Bank and Cochin International Airport. He has also purchased the Scotland Yard Building in London.

Factoid: He was conferred the title of Padma Shri in 2008 and Pravasi Bharatiya Samman in 2005, which is the highest Indian government award bestowed upon NRIs.