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The Finance World Magazine| Edition: December 2023

As the UAE commemorates its National Day, this edition celebrates the journey that transcends the sands, embracing the skies of global influence. It honours the UAE's growth, resilience, and significant global contributions while eagerly anticipating the promising chapters yet to unfold. The cover story highlights the narratives of Indian business leaders whose contributions have significantly contributed to the UAE's journey on the global stage. Their entrepreneurial spirit and initiatives have played a role in shaping aspects of the nation's growth and international presence. Highlighting the UAE’s visionary initiatives and strategic planning, this edition explores several aspects of the country’s progress. From the transformative journey of its energy sector and pioneering advancements in healthcare to the expanding domains of crypto and the ever-evolving landscape of real estate, each narrative illuminates pivotal moments in the UAE's narrative of success. Keep yourself up to date with all financial sector news with our current news segments. Each person can find something unique from us. We believe our readers deserve real value from what we have to offer.

As the UAE commemorates its National Day, this edition celebrates the journey that transcends the sands, embracing the skies of global influence. It honours the UAE's growth, resilience, and significant global contributions while eagerly anticipating the promising chapters yet to unfold.

The cover story highlights the narratives of Indian business leaders whose contributions have significantly contributed to the UAE's journey on the global stage. Their entrepreneurial spirit and initiatives have played a role in shaping aspects of the nation's growth and international presence.

Highlighting the UAE’s visionary initiatives and strategic planning, this edition explores several aspects of the country’s progress. From the transformative journey of its energy sector and pioneering advancements in healthcare to the expanding domains of crypto and the ever-evolving landscape of real estate, each narrative illuminates pivotal moments in the UAE's narrative of success.

Keep yourself up to date with all financial sector news with our current news segments. Each person can find something unique from us. We believe our readers deserve real value from what we have to offer.

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Cover Story<br />

Business Leaders<br />

Crafting the UAE’s Global Eminence<br />

Abdulla Ajmal<br />

CEO, Ajmal Group<br />

Abdulla Ajmal, CEO of Ajmal Group, epitomises<br />

entrepreneurial success in the perfumery domain<br />

acknowledged as a standout among Divya Chakra<br />

award recipients. His remarkable journey began with a<br />

pursuit of education, propelling him from the UAE to the<br />

UK, where he earned a Bachelor’s in Marketing and later<br />

pursued an MBA specialising in International Relations.<br />

Returning to Dubai armed with global insights, Abdulla<br />

brought a fresh perspective to Ajmal Perfumes. He strategically<br />

redefined the brand’s fragrance line, tapping into<br />

diverse consumer segments and positioning Ajmal as a<br />

distinguished player in the competitive market.<br />

Boasting an extensive 26-year tenure in the perfumery<br />

realm, Abdulla Ajmal envisions a global footprint for Ajmal<br />

Perfumes, aspiring to elevate it to a premium lifestyle<br />

brand. Guided by mentor Jacques Chabert, a revered independent<br />

perfumer, Abdulla seeks to infuse Ajmal with<br />

an international flair.<br />

Ajmal Perfumes, under Abdulla’s stewardship, proudly<br />

collaborates with globally acclaimed master perfumers<br />

like Dominique Ropion, Maurice Roucel, Arturetto Landi,<br />

and Alberto Morillas. <strong>The</strong>se collaborations have received<br />

widespread acclaim, contributing significantly to Ajmal’s<br />

growing international reputation.<br />

<strong>The</strong> brand has also taken proactive steps towards<br />

sustainable packaging, launching products with recycled<br />

plastic components and exploring recycled glass options.<br />

For Abdulla and Ajmal Perfumes, sustainability isn’t<br />

merely a trend—it’s a tradition, deeply ingrained in their<br />

ethos and operations, far preceding the current global<br />

sustainability wave.<br />

Abdulla’s ambition extends beyond boundaries. Ajmal<br />

Perfumes now extends its reach far beyond the GCC,<br />

penetrating markets in North America, Europe (including<br />

the UK and France), Africa, and the Asian Subcontinent.<br />

This expansion mirrors Abdulla’s aspiration to position<br />

Ajmal as a true global fragrance powerhouse.<br />

Recognised for his pioneering initiatives, Abdulla Ajmal’s<br />

achievements go beyond the acclaim of the Divya Chakra<br />

awards. His inclusion in the Arabian Business list of the<br />

“100 Most Powerful Indians in the Gulf” acknowledges<br />

his pivotal role in catapulting a family business into a<br />

multi-million-dollar corporate entity. He’s been nominated<br />

as the “Asian Rising Star of the Year” and featured<br />

in Forbes Middle East’s “Top 100 Indian Business” list,<br />

reflecting his influential presence in the business sphere.<br />

Abdulla Ajmal’s keen interest in global affairs underscores<br />

his leadership prowess. He continues to drive<br />

innovation and dedication, shaping Ajmal Perfumes into<br />

a globally recognised, premium fragrance brand. Abdulla’s<br />

unwavering commitment to excellence solidifies his<br />

standing as an economic icon, shaping the future of the<br />

perfumery industry.<br />

32 www.thefinanceworld.com <strong>December</strong> <strong>2023</strong>

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