Nine UAE billionaires figure in Forbes India rich list

Sunday, 27 September 2015 14:48

Nine UAE-based Indian billionaires have made it to Forbes magazine's India's 100 Richest ranking. The October issue of Forbes Asia names Micky Jagtiani as the richest UAE-based Indian, with an estimated net worth of $5.3 billion. The list includes two new Dubai names, Sunil Vaswani and Raghuvinder Kataria. Others named in the list are retailer M.A. Yusuff Ali, construction magnate Ravi Pillai, property tycoon P.N.C. Menon, GEMS Education’s Sunny Varkey and Healthcare pioneers B.R. Shetty and Azad Moopen.

More from Business

H.H. Sheikh Hamdan highlights economic resilience at Dubai Majlis

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, UAE Deputy Prime Minister and Defence Minister, attended a specially convened Dubai Majlis to discuss strategies to reinforce economic resilience.
Oil sinks 11% as Trump predicts Middle East de-escalation

Oil prices plummeted by more than $10 a barrel on Tuesday after soaring to an almost four-year high in the previous session after U.S. President Donald Trump predicted the war in the Middle East could end soon, lowering expectations of prolonged disruptions to oil supply.
DP World appoints Ahmad Yousef Al-Hassan as CEO and MD for GCC

DP World has appointed Ahmad Yousef Al-Hassan as Chief Executive Officer and Managing Director for the GCC.
Oil prices surge to highest since 2022 at over $119 a barrel

Oil prices surged over $119 a barrel, hitting levels not seen since mid-2022, on Monday as some major producers cut supplies and fears of prolonged shipping disruptions gripped the market due to the expanding US-Israeli war with Iran.