Maghanmal Pancholia is one of Dubai’s most respected businessmen. Residing in Dubai for more than six decades, he has achieved an admirable number of accolades and senior appointments. In 1957, Pancholia decided to set up a firm to buy a generator and supply electricity to the markets around Dubai Creek. This made him the first man to bring electricity to the emirate, and he was later appointed the director of Dubai Electricity by the late Ruler of Dubai, HH Sheikh Rashid Bin Saeed Al Maktoum.