Last Updated: Fri, Oct 24 2014 | 10:32 PM |

Shehab Gargash

Daman Investments

United Arab Emirates

Prior to founding Daman Securities in 1998, he was closely involved with the UAE banking sector with leading multi-national and major local banking institutions.

In late 2007, Daman Securities re-structured as Daman Investments PSC, a private joint stock company incorporated under UAE law. The group today is multifaceted and diverse with interests in interests in investments, asset management, mutual funds, brokerage, real estate, venture capital and private equity.

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Cover Story 10

Ravi to riches
Dr Ravi Pillai launched his first business at the age of 14, trading in coconuts so he could afford school books. Three decades later, his RP Group brings in revenue of $4bn and employs 80,000 staff, helping make him one of the world’s richest Indians. But in his first personal interview to date, he explains why a happy workforce and a good reputation are far more important than money. He also talks of the launch of his latest venture — RP Global — a real estate company that will build luxury projects in Dubai this year.

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