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Paras Shahdadpuri, photographed by Yasir Saeed
Electronics

Paras Shahdadpuri

Chairman, NIKAI Group of Companies

Ease of doing business, the absence of taxes, free flow of forex are a great support to business.

Interview and portrait by Yasir Saeed 2 min read

“Dubai learnt very early on to have an immaculate vision, plan and execute to perfection, ensuring that the projects are sustainable, moneymakers,” says Paras Shahdadpuri, the Chairman of Nikai Group of Companies.

Dubai’s pace of development is unmatched

Shahdadpuri, a diplomat turned businessman heads Nikai Group of Companies, a global conglomerate headquartered in Dubai with business interests in electronics & home appliances, information technology, general trading and foodstuff.

He says ease of doing business, the absence of taxes, free flow of foreign exchange, open immigration, and immaculate infrastructure are a great support to business. “In this ecosystem, businesses can do nothing but grow along with the city. At times the development of the city even outpaces the speed of business,” he adds.

“If history is to be considered, the future of Dubai is enormously bright. God Bless His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Vice President and Prime Minister of the UAE and Ruler of Dubai. He is grooming the Crown Prince, Sheikh Hamdan bin Mohammed, which gives the business community the confidence that these policies and vision will continue far into the future,” Shahdadpuri says.

He says there are ample opportunities to grow for all types and sizes of business, be it small, medium or large. “Any particular sector of business, or profession, you will find your appropriate place to grow here.”

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