< Previous20 Indian Aces, March 2024 From modest beginnings in Bahrain in the year 1983, the group has evolved into a household name in the UAE. The multifaceted conglomer- ate comprises of diverse verticals with successful brands in electronics, retail, household goods, garments, travel acces- sories, fashion, footwear and more. Today, the group employs over 35,000 personnel which are spread across 12 countries. Headquartered in Dubai, the group continues to strengthen its presence across the Middle East, Africa, South Asia, Europe and subcontinent with new brands and divisions constantly enriching the port- folio. Their group of companies includes Geepas Electronics and Appliances; Nesto Supermarkets and Hypermarkets; Royalford Homeware and Kitchenware; Olsen- mark Electronics and Appliances; Geepas.com; Geepas Technol- ogies; TrendyMe; Zeal; Gala Supermarkets, and many more. About Nesto Founded in 2004 by Basheer, Nesto began as a retail endeav- our and has rapidly become a favoured choice among consum- ers. Today, with over 100 outlets spread across the GCC and India, Nesto stands as one of the fastest-growing retail chains. The retail chain has experienced signifi cant growth from its humble origins and as an integral part of the Western Inter- national Group, Nesto has redefined industry standards through the implementation of an innovative business strategy. The brand is unwavering in its commitment to delivering convenience, accessibility, and premium quality products at competitive prices to its clientele. This approach has not only facilitated Nesto’s expansion across various nations in the GCC but has also endeared the brand to hundreds of thou- sands of consumers within a relatively short period. Presently, Nesto distinguishes itself from competitors by offering a distinct shopping experience that customers value and seek to revisit repeatedly. In its pursuit of operational excellence, Nesto has estab- lished one of the largest warehouses in the UAE, encompass- ing an impressive 40,000 sq m. This facility plays a crucial role in Nesto’s operational strategy, enabling the integration of multi-level functions and real-time decision-making to ensure optimal stock levels at all times. The state-of-the-art warehouse, featuring 35 loading bays with thermally insulated pneumatic dock shelters to minimise heat gain, accommodates an extensive range of products includ- ing groceries, footwear, apparel, and equipment. It serves as the central distribution hub for Nesto’s retail channels, supported by one of the largest fl eets of modern delivery vehicles in the region. This not only strengthens the brand’s supply chain effi ciency but also contributes to job creation for thousands, underlining Nesto's signifi cance within the UAE’s economic landscape. In October 2023, Nesto Group announced plans to invest approximately $26m in Bahrain, marking the opening of four new stores within the next six months. The upcoming hypermar- kets, situated in Muharraq, Busaiteen, Isa Town, and Askar in Bahrain, are nearing the completion of their construction phase. This expansion underscores Nesto Group’s confi dence in the ongoing economic growth of Bahrain. Currently, the group employs 200 Bahraini nationals, reflecting the company’s commitment to integrating local talent into its success. RETAIL K P BASHEER Chairman Western International Grouparabianbusiness.com 21 KIRAN ASHER Founder and Group Managing Director Al Ansari Global CONSTRUCTION Upon his arrival in Muscat in 1975, Asher dedicated himself to revitalising the business legacy established by his great-grandfather. With roots in India and inspired by familial ties to Oman, he founded Al Ansari Trading Enterprise as a commission agent, being its sole employee. Over the past fi ve decades, the company has evolved into a premier, trusted provider of integrated solutions across diverse sectors including hospitality, luxury, infrastructure, utilities, energy, sustainability, and industrial domains, demonstrating Al Ansari’s extensive market presence. The Al Ansari Group, founded in 1975, was a response to the burgeoning infrastructure demands within the Sultanate of Oman. Since the inception of the enterprise, Asher has been instrumental in guiding the company's expansion across the GCC and Asia. His leadership has signifi cantly contributed to the group's diversifi cation, managing a wide array of busi- ness operations encompassing manufacturing, trading, services, and real estate. Al Ansari has broadened its geographical footprint, execut- ing projects in countries such as the UAE, Qatar, KSA, India, and Sri Lanka, with a mission to inspire and enhance business performance through human values. Throughout his career, Asher has held numerous leader- ship roles, notably on the board of Oman Cricket and the board of directors for Indian Schools. As a visionary leader based in Muscat, he is committed to delivering superior services and driving innovation within the Al Ansari Group. The group, with its headquarters in Wadi Kabir, specialises in construction, government, defence, agriculture, healthcare, tourism, energy, telecommu- nications, utilities, and transport sectors. They have expertise in building prod- ucts, integrated hospitality solutions, utility infrastructure, and energy & sustainability solutions. About Al Ansari Trading Al Ansari Trading Enterprise is renowned for its comprehensive building, infrastructure, and engineering solutions. With a work- force of 4,000 employees and operations in India and the UAE, the company is poised for further expansion. As an 'Excellent Grade' entity recognised by the Tender Board of Oman and certifi ed by ISO 9001:2008, the group's integration technologies division is at the forefront of system integration, off ering solu- tions in data centres, computer systems, networking, standby power, e-mobility, telecom, and digital transformation. Al Ansari excels in creating effi cient, intelligent ecosystems through AIoT systems, security and surveillance, access management, and building management systems, enhancing operational effi ciency and security. Moreover, Al Ansari’s e-mo- bility solutions extend to electric vehicles, scooters, and charg- ing infrastructure, championing eco-friendly and cost-eff ective transport solutions in line with global sustainability objectives. Addressing climate change necessitates tackling carbon dioxide emissions. The Decarbonisation & Sustainability Divi- sion of Al Ansari is dedicated to pioneering solutions for the capture, reduction, and elimination of CO2 emissions. Through the utilisation of sophisticated technologies and methods, the division captures and sequesters CO2 emissions and devises strategies aimed at minimising the overall emission.22 Indian Aces, March 2024 HOSPITALITY KABIR MULCHANDANI Founder and Chairman FIVE Chairman The Pacha Group A pioneering figure in real estate, hospitality, and philanthropy, Mulchandani is the visionar y entrepreneur behind FIVE Hotels and Resorts, which encompasses proper- ties including FIVE Palm Jumeirah, FIVE Jumeirah Village, FIVE Zurich in Swit- zerland, and their latest, FIVE LUXE in Dubai. Under the guiding principle of ‘Sustainable Indulgence’, Mulchandani led FIVE to achieve a strong EBITDA margin of 38 percent in 2023, alongside reaching signifi cant sustainability bench- marks, including an ‘A’ rating for ESG by ISS. In the same year, FIVE reported remarkable revenue of $547m, with an EBITDA totaling $210m. Throughout 2023, FIVE Palm Jumei- rah and FIVE Jumeirah Village consist- ently achieved an average occupancy rate of 92 percent, outperforming competitors by 27 percent. The Average Daily Rate (ADR) stood at $304, with performance metrics showing TrevPAR at $702, which is 2.3 times higher than its comparative set. From 2019 to 2023, total revenue experi- enced a substantial growth of approximately 345 percent, esca- lating from $123m to $547m. Notably, FIVE Jumeirah Village has become the most reviewed hotel on Booking.com with over 38,500 reviews and an impressive rating of 9.1/10. Beyond his business achievements, Mulchandani is also recognised for his philanthropic endeavours through FIVE Cares. He has spearheaded Project Udaan, facilitating life-sav- ing surgeries for over 800 children in India. His philanthropic contributions amount to nearly $2 million, supporting both local and international partnerships. This includes a signifi cant donation exceeding $200,000 to a foundation focused on literacy and the empowerment of girls. Sustainable Indulgence Mulchandani advocates for ‘Sustainable Indulgence’, a concept combining innovation and transformation to off er guests superior experiences while adhering to top sustainabil- ity standards. FIVE, created by acclaimed developers, rede- fi nes luxury with a focus on sustainability, integrating it into every aspect of a guest’s stay. Their hotels in Dubai and Zurich are LEED Platinum certifi ed, with FIVE LUXE achieving the highest LEED v4 score worldwide for 5 Star hotels. Moreover, FIVE has emerged with the highest ESG rating in the world to date from Global Rating Agency ISS, as the only company to receive an ‘A’ grade across all sectors, surpassing global heavyweights like Melia Hotels, Apple, among others. According to Cornell University’s benchmark, arabianbusiness.com 23 FIVE’s carbon footprint per night is fi ve times lower than the average UAE luxury resort. A night at FIVE is equivalent to fi ve nights at a similar UAE luxury hotel, according to a data- base of over 25,000 global hotels. Successful acquisitions FIVE completed a $329m acquisition of the legendary Pacha Group in Europe, comprising assets including the Pacha Night- club, Destino Pacha Hotel, El Hotel Pacha, Toy Room Club, and WooMoon Storytellers (globally) and registered trademarks ‘Pacha’ (globally) and its ‘cherries’ logo design. The acquisition was funded through a Green Bond issuance and a Revolving Credit Facility (RCF). FIVE will utilise Pacha Group's success for global expansion, transforming Pacha's Destino Hotel into a FIVE brand and launching Lío at FIVE LUXE in 2025. Off ering an eco-friendly experience FIVE Palm Jumeirah stands out for its carbon footprint, which is fi ve times lower than that of its counterparts, according to a hotel carbon footprint benchmarking study by Cornell University’s Hotel Sustainability Benchmarking (CHSB) program. The hotel is powered entirely by solar energy and features advanced water recapture systems, which are used to nourish its extensive greenery, enriching the luxury property with verdant surroundings. It has achieved the highest green building rating from the Dubai Land Department, becoming the world's fi rst hotel to earn a 3 Star SPIRE Smart Building Rating, in addition to receiving LEED Platinum certifi cation. FIVE LUXE is set within an eco-conscious architectural design that has garnered the prestigious LEED Platinum rating, the highest of its kind globally for fi ve-star hotels. This property is a beacon of innovation, featuring a comprehensive array of on-site and off -site renewable energy technologies alongside highly effi cient energy systems. These initiatives refl ect a deep commitment to environmental stewardship with- out compromising on the opulence and extravagance that defi ne the FIVE brand. From solar panels that harness the sun’s power to sophisti- cated water recycling systems that contribute to the lush land- scapes, every detail is meticulously crafted to reduce the envi- ronmental footprint. This project represents the culmination of years of expertise and a bold vision for the future of luxury hospitality, off ering guests an immersive experience that blends indulgence with eco-friendly practices. Under Mulchandani’s leadership, FIVE has implemented a series of initiatives aimed at reducing environmental impact. These include the elimination of one million plastic bottles per hotel annually through the adoption of glass bottling, the replacement of single-use plastics with bamboo amenities like toothbrushes and combs, the diversion of plastic straws from landfi ll through the use of biodegradable alternatives, and the replacement of plastic mini bottles with refi llable dispensers. Additionally, by extending laundry options, FIVE has halved water usage for washing linens and doubled linen lifespan, utilised repurposed water for irrigation, and sourced regionally grown produce. These initiatives have led to signifi cant environmental savings against a 2020 baseline, including a 47.8 percent reduc- tion in carbon use intensity, a 36.5 percent reduction in water use intensity, a 48.8 percent reduction in energy use intensity, and a 35.7 percent reduction in per capita energy consumption, culminating in a total of 13.5 million litres of water saved in 2022. Moreover, FIVE’s pursuit of sustainability excellence has resulted in the group achieving a one hundred percent LEED Platinum portfolio, the highest LEED certifi cation. (*2023 fi gures are estimated and represent proforma numbers for FIVE including Pacha) FIVE boasts party and culinary hotspots with a range of bars, nightclubs and restaurants, hosting the hottest parties in Dubai24 Indian Aces, March 2024 Amulti-faceted authority with diverse experience across multiple sectors, Bhatia is an author, poet, investor, and advisor with over 35 years of experience marked by adapt- ability, innovation, and visionary lead- ership. His career encompasses the pioneering new ventures, leading change management initiatives, and overseeing strategic acquisitions, making signifi - cant contributions to both the business and arts sectors. His strategic insight serves as a driving force behind trans- formative projects, ranging from intro- ducing AI-driven agriculture in the UAE’s deserts to navigating through industry disruptions. Bhatia is recognised as a visionary, trans- forming potential into tangible progress, and seamlessly inte- grating sustainability with technology to pioneer eco-conscious living solutions. The Hilshaw Group, under Bhatia’s guidance, operates as a Dubai-based multi-family offi ce and investment advisory fi rm, managing a fund size of $500m. The fi rm specialises in providing funding and investment resources for the real estate sector, utilising advanced technologies, market data, and analytics to innovate and redefi ne industry standards. The group off ers a suite of services designed to optimise operations and boost performance through exclusive data insights and solutions, including portfolio monitoring, investor reporting, and investment insights, among others. Following a strategic transformation, the Hilshaw Group has expanded its presence with offi ces in Thailand, Italy, and Russia, with its investment and acquisition headquarters located in Dubai, UAE. Bhatia also holds positions as the chairperson for David & Goliath Films since August 2018, and is the chairperson and director of UAE STRAT: 2071 since December 2022, a think tank focused on enhancing the UAE's global position through research and advocacy on humanitarian and environ- mental issues. In August 2023, Bhatia played an instrumental role in establishing a strategic partnership through a joint venture with Aeolus, a company renowned for its expertise in aviation services. This collaboration was strategically designed to venture into the domain of aircraft leasing, special fl ight oper- ations, and a range of associated services, marking a signifi cant expansion in this sector. The partnership commenced with an initial fl eet consisting of 20 commercial aircraft, setting a strong foundation for its operational capabilities. About David & Goliath Farms Bhatia serves as the chairman of David & Goliath Farms, UAE, since July 2023. This innovative agricultural project is set to dominate a market projected to reach $6.30bn by 2028, having already generated approximately $5.53m in carbon credits. David & Goliath Farms exemplifi es a novel approach to agriculture through vertical farming and advanced technology, emphasising the cultivation of exotic fruits and enhancing sustainability through the production of carbon credits. The eff ective generation of carbon credits by David & Goliath Farms highlights a pioneering approach to utilising environmental initiatives for economic gain. INVESTMENT LAL BHATIA Chairman Hilshaw Grouparabianbusiness.com 25 NARESH BHAWNANI Founder and Chairman West Zone Group RETAIL Originating from a family of entrepreneurs in India, Bhawnani relocated to the UAE in the late eighties. This placed him at the heart of the UAE’s rapidly expanding retail and hospitality sectors, setting the stage for a jour- ney of growth and innovation. On 2 December 2005, his entre- preneurial career was marked by the opening of his very fi rst supermarket in Mirdiff . This heralded the birth of the West Zone Group, with Bhawnani at its helm, initiating a trajectory of expansion that would redefi ne the retail landscape in the region. About the West Zone Group Over the course of two decades, the West Zone Group has evolved from its humble beginnings with a single store to emerge as a formidable retail conglomerate, boasting in excess of 125 retail establishments. The group’s comprehensive port- folio now spans a wide array of sectors, including supermar- kets, hypermarkets, building contracting, shopping malls, hotels and hospitality, food and beverage, real estate, and several others. Distinguished as a holistic destination for both everyday essentials and niche specialty products, each West Zone store is strategically designed to address the nuanced needs of the communities it serves. This approach is rooted in a deep- seated heritage of off ering consumers high-quality products, exemplar y customer service, and value. Central to the group's operational excellence is its state-of-the-art distri- bution centre, which plays a key role in ensuring a seamless supply of over 5,000 global brands to its retail outlets. Supermarkets and hypermarkets remain the cornerstone of the group's business activities, underscoring its commitment to leading the retail sector. The group's aggressive expansion strategy was signif- icantly bolstered by strategic acquisi- tions, including a $10m investment to acquire the Safestway supermarket chain, three branches of Giant, and G-Mart from the Giant Group, marking a new era of growth and diversifi cation. The hospitality division of the West Zone Group is another testament to its overarching goal of providing unparalleled convenience and the highest standard of service. Properties such as The West Zone Plaza and West Zone Pearl Hotel Apart- ments are designed to off er an inviting and comfortable expe- rience for guests. Positioned strategically near Dubai’s major tourist hotspots, the West Zone Hotel Apartments not only off er easy access to the city’s attractions but also a suite of amenities that cater to the diverse needs of guests. This unique combination of location, comfort, and convenience positions the West Zone Hotel Apartments as a premier choice for trav- ellers seeking an exceptional stay in Dubai. Through strategic leadership, a commitment to innova- tion, and a dedication to customer satisfaction, the group is poised to scale greater heights, further establishing its prom- inence in the UAE’s commercial domain and beyond. This journey of transformation from a single retail outlet to a lead- ing conglomerate is a refl ection of Bhawnani’s visionary lead- ership and the West Zone Group’s relentless pursuit of excel- lence in all its endeavours.26 Indian Aces, March 2024 Established by Thakurdas Choithram Pagarani in West Africa in 1944, a pivotal element of his strategy was the creation of the Choithrams Remembrance Trust in 1959, initiating the group's sustained commitment to philanthropy and its profound impact on millions of lives. The group has under- gone signifi cant transformation under the leadership of his son, Pagarani, especially within the GCC region. Boasting a pres- ence of over seven decades in 25 coun- tries, he has guided Choithrams’ expan- sion into Oman, Bahrain, and Qatar. About Choithrams The brand provides customers with a unique hybrid shopping experience, featuring over 50 outlets in key locations across the UAE, a strong online platform via Choithrams.com, and a mobile-op- timized delivery network. This network ensures customer reach through various platforms, including Instashop, Talabat, Deliv- eroo, El Grocer, and Noon. The brand maximises customer accessibility through a mobile-fi rst delivery network, partner- ing with platforms like Instashop, Talabat, Deliveroo, El Grocer, and Noon. Known for its wide range of local and international products, Choithrams is favoured by expatriates for its imported goods selection. Its ‘Green Goodness’ initia- tive promotes organic and eco-friendly products, refl ecting its commitment to health and environmental sustainability. With ambitious expansion plans, Choithrams has forged partnerships for enhanced delivery services and opened 10 new stores in the UAE in 2023, reinforcing its market leader- ship. Aiming for continued growth, Choithrams has unveiled ambitious plans for a signifi cant expansion across the Gulf region and includes launching new stores in the UAE, Bahrain, and Qatar. Recently, Choithrams commemorated its 50th golden jubilee anniversary in the region, a milestone celebrated with the introduction of a special edition 50-year logo. This logo will be featured across all Choithrams corporate literature throughout the anniversary year, symbolising the group's legacy and ongoing contributions to the communities it serves. Key partnerships Choithrams has established itself as a signifi cant player in the retail market across the UAE and GCC, holding exclusive RETAIL LT PAGARANI Chairman Choithrams Group arabianbusiness.com 27 rights to sell Tesco and SuperValu products in the UAE. It operates more than 70 supermarkets and has a strong distri- bution network that reaches over 18,000 outlets. The brand is well-known for its partnerships with global brands and its commitment to quality, showcased through its in-house brands, Goodness Foods, and Leone. This extensive retail and distribution presence, combined with a focus on quality, solid- ifi es Choithrams’ position in the market. Sustainability goals Choithrams has taken signifi cant steps in sustainability and technology, reducing plastic and food waste, and adopting sustainable sourcing and process automation for fresh imports. The company is transitioning to one hundred percent renew- able energy, in line with its longstanding Planet 7 Sustaina- bility framework, which integrates technology to achieve ESG goals, including waste reduction and clean energy use. This eff ort supports social inclusion and gender parity, contribut- ing to one of the retail sector's success stories. Aligned with net carbon zero goals, the company collab- orates with Dubai Municipality to reduce and recycle food waste, aligning with the Dubai Clean Energy Strategy 2050 to promote a green economy. A solar plant installed by Sira- jPower in Al Quoz, Dubai powers its operations with renew- able energy, demonstrating a commitment to operational excellence and environmental stewardship. Choithrams aligns with the UN Sustainable Development Goals, tackling food waste and supporting the UN World Food Programme and the UAE Food Bank, donating over 6 million meals and promoting the Zero Hunger campaign. Choithrams has reduced its carbon footprint by transi- tioning its main distribution centre to renewable energy and upgrading lighting and refrigeration systems. The partnership with Emirates Nature WWF's ‘Rethink Plastic’ campaign reduced plastic bag use by over three million in its fi rst year, and through its membership with the Global Reporting Initi- ative, Choithrams leads in retail sustainability in the UAE, supporting the UN SDGs. Moreover, partnerships with Mohammed bin Rashid Global Initiatives, including Dubai Cares, UAE Food Bank, and Al Jalila Foundation, refl ect Choithrams' commitment to creating a positive, long-term impact. Its 14-year association with Dubai Cares includes building schools in Nepal and Senegal and supporting local awareness campaigns. Recent expansion In September 2023, Choithrams celebrated the opening of its ground-breaking store in Dubai's bustling Marina Wharf 2 area. This store stands out as the UAE's fi rst operationally women-run supermarket, a signifi cant achievement for the brand. Managed entirely by a female staff covering all positions from stockers and cashiers to the store manager, this initiative underscores Choithrams’ commitment to promoting gender diversity and empowering women in the workforce. This aligns with the UAE’s goals for gender diversity, off ering women equal opportunities for employment, training, appraisal, and promotion, thereby positioning Choithrams as a pioneer in fostering an inclusive work environment. Operating 24 hours, seven days a week, the store also provides a complimentary home delivery service, catering to the diverse needs of its customers. It distinguishes itself by off ering a selection of niche products for women that are hard to fi nd elsewhere, refl ecting Choithrams' ongoing dedication to diversity, equality, and inclusion. By empowering women and advocating for gender diversity, Choithrams continues to lead by example in the UAE’s corporate landscape. Choithrams has taken significant steps in sustainability and technology, reducing plastic and food waste, and adopting sustainable sourcing and process automation 28 Indian Aces, March 2024 NITISH JAIN Founder and President S P Jain Global Group EDUCATION Adistinguished figure in the Asia Pacifi c region, Jain is celebrated for his contributions to evolving business education and enhancing global job prospects for business students. Merging his expertise as an educationist, philanthropist, entrepre- neur, and advocate for technology, Jain’s active participation in key professional organisations, such as the FICCI and the Young President’s Association, underscores his commitment to industry excel- lence. Beyond his professional endeavours, Jain is deeply involved in social welfare, serving as a trustee for several organ- isations including the Sukhanand Ashram (Dharamshala) Trust and the SP Jain Welfare Foundation, among others. These trusts, many initiated by his family, aim to support education and medical aid for underprivileged families. SP Jain Global, an Australian institution, was inspired by the principle that global business practices necessitate a global approach to business education. This philosophy has led to the development of an international educational model that off ers students immersive experiences across the East, West, Middle East, and India, promoting a comprehensive understanding of global business dynamics. Under Jain's guidance, the institution has achieved numerous milestones and is committed to a student-centric approach to education. Catering to a diverse student body from India and across Asia with aspirations for international study, the institution has expanded its reach to include campuses in Sydney, Singapore, Mumbai, Dubai, and, most recently, London. About S P Jain School of Global Management Guided by Jain's vision, SP Jain Global is committed to prepar- ing its students for the technology-centric business landscape. Boasting several fi rsts, SP Jain Global introduced Engaged Learning Online (ELO), a pioneering online learning platform that replicates the interaction of a physical classroom online. ELO off ers interactive features and employs AI, big data, and robotics to enhance the online learning experience, making it eff ective irrespective of students’ physical locations. Also, the curriculum across its programmes, including its MBA programme, integrates cutting-edge technologies to equip students with the tools to drive innovation in their careers. The globally recognised S P Jain School of Global Manage- ment has expanded its footprint by recently launching its latest campus in London, the S P Jain London School of Manage- ment (SPJ London). SPJ London received formal accredita- tion from the Offi ce for Students (OfS) in the UK to issue degrees in 2023. This accreditation establishes SPJ London, a constituent of the SP Jain group, as the fi rst institution of Indian origin to be recognised by the UK’s regulatory author- ity for higher education. In addition, a collaborative arrangement has been formal- ised between SPJ London and the SP Jain School of Global Management (SP Jain Global), enabling students to partici- pate in academic sessions across the network's campuses in Dubai, Singapore, Sydney, and Mumbai. SP Jain Global students were provided the option to enrol for specifi c terms or opt for transfers to SPJ London, thereby augmenting their international academic exposure.arabianbusiness.com 29 SHAJI UL MULK Founder and Chairman Mulk International INDUSTRY Established in 1982 and led by Ul Mulk, Mulk Interna- tional Group is a global conglomerate boasting a diverse portfolio that spans construction, renewable energy, plastics, and healthcare sectors. With a net worth of $2.7bn, the group manages 18 companies worldwide, main- taining operations across the US, Europe, India, the UAE, Oman, and Ghana. Under Ul Mulk’s experienced leadership, the company has forged strategic global joint ventures, resulting in notable partnerships with entities such as ALUPCO in KSA, Vallibel One Group in Sri Lanka, DACS Systems in India, and Al Hamed Group in Abu Dhabi. These collaborations have led to signifi cant achievements, particularly in the healthcare sector and interior fi touts, under the guidance of Sheikh Khalid Al Hamed and Sheikh Majid Al Nuaimi. Further- more, Ul Mulk guides the Mulk Foundation, which is dedi- cated to community support through various initiatives. These include providing free medical clinics, establishing libraries, off ering aid to disabled children, and facilitating an orphan marriage programme. About Mulk International Group The group’s fl agship brand ALUBOND has grown into the world’s largest metal composite brand with operations in 11 countries and market reach of 90 countries. Also, their A2 fi re- rated aluminium composite panel, ALUBOND A2, positions it as the world's largest manufacturer of such panels and has transformed the group to become the world's largest manufacturer of aluminium composite panels, boasting an installed capacity of 25 million sq m with installations span- ning over 100 countries. The group’s $500m investment in Zim Cyber City signifi es its expansion into real estate in the USA and the UK, featuring projects like the ongoing Zim Cyber City in Zimbabwe, a mixed-use development in Mount Hampden, New Harare. This 46,000 sq m landmark project is managed through the locally registered subsidiary, Zimbabwe Global Investments (ZGI), operating under the Special Economic Zone (SEZ) programme approved by Emmerson Mnangagwa, President of Zimbabwe. Mulk Med Healthcare was launched in 2010 and provides physiotherapy, telemedicine, and diagnostic services, including the Mulk Med Healthcare Virtual Hospital. The group is also gaining recognition for introducing the T10 cricket league, a global brand with leagues in the UAE, Africa, US, Sri Lanka, Europe, and India, boasting a viewership of over one billion since its launch in 2017. In October 2023, Mulk International entered a joint venture with Ajman Holding, led by Sheikh Abdul Aziz Al Nuaimi. This partnership strategically positions both compa- nies to utilise their collective expertise, networks, and resources eff ectively. An essential element of this collaboration is the T10 Cricket League, a globally recognised cricket event. This alli- ance aims to elevate the league to new levels of international recognition, increasing the sport’s visibility and offering unmatched cricket experiences to audiences worldwide. Furthermore, supported by Ajman Holding, ALUBOND is expected to achieve signifi cant expansion, exploring new markets, and solidifying its status as a construction material industry leader.Next >