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NRI NEWS- UAE NRI businessman M.K. Yousuf Ali, annual turnover of $1.4 billion


After Cochin International Airport's success,
NRI Yousuf Ali to establish Kerala Airlines

Munbay, December 15, 2007
Anil Gupta

UAE, NRI businessman M.K. Yousuf Ali, who is leading retail brand in the Gulf with an annual turnover of $1.4 billion, requested Kerala MPs to establish Kerala Airlines, a low-cost airline service for the Gulf region.

He is a director for Infrastructure Kerala Ltd (InKel), a state government company to attract NRI funds for infrastructure development. Millons of NRI from Kerala are keen to see their dream of having a state-owned airline fulfilled.

Yousuf Ali told media that when the project for Cochin International Airport Limited was floated, many were apprehensive whether it would be successful. "Now all those shareholders are not disappointed. The same will happen in the case of Kerala Airlines too"

UAE business delegation also met Kerala Chief Minister V.S.Achuthanandan to explore the possibility of investing in the state such as power, petro-chemical industries and road development


Yusuff Ali receives the Asian Business Leader of the Year Award
from Energy Minister HE Mohammed Bin Dha’en Al Hameli.

Prominent Gulf-based Indian businessman Yusuff Ali has been chosen as the Asian Business Leader of the Year. The top award was presented to him in Abu Dhabi at a glittering ceremony by UAE Energy Minister HE Mohammed Bin Dha’en Al Hameli in the presence of top personalities from all walks of life.

Asian Business Award, which has been held annually in London for the last 12 years, was being held in the Middle East for the first time.

The awards were decided by votes polled throughout the Middle East and evaluated by world-renowned auditors Price Waterhouse Coopers.

Other winners are Lakshmi Mittal as Global Asian of the Year and Narayanamoorthy of Infosys for Lifetime achievements. Yusuff Ali, who is the first Asian to be elected to the Abu Dhabi Chamber of Commerce and Industry, has been in the business for 30 years and as Managing Director of EMKE Group, runs the successful retail chain of LULU across the region. His other business interests include manufacturing, importing and wholesale trading, IT, shipping, real estate etc. With more than 18,000 staff and presence in 18 countries, he is by far seen as the true leader of business community in the Middle East. Winner of Pravasi Bharatiya Samman Award by the President of India, Yusuff Ali is always in the forefront of any initiative to promote Indo-Gulf business ventures.

A founder director of first private airport in India, Cochin International Airport, Yusuff Ali was instrumental in bringing Smart City to Cochin and is actively pursuing many more such projects.






Yousuf Ali


  • The UAE's Emke Group's story is a classic 'small to big' one. It is also the dream come true of an ambitious and enterprising Indian businessman who strove relentlessly to build his business brick by brick to what it is today a leading retail brand in the Gulf with an annual turnover of Dhs5 billion ($1.4 billion).
  • Over the years, EMKE Group has ventured into varied businesses operating in the UAE, Oman, Qatar, Kuwait, Bahrain, Saudi Arabia, Yemen, India, Indonesia, Thailand, Hong Kong, China, Kenya, Tanzania and Benin. Our presence in this traditional supply chain from manufacture to import & export to wholesale and finally to retail of consumer products has given us a competitive edge in understanding consumer needs. EMKE Group operates with a firm philosophy of "right products in the right place at the right time"

    The Group operates popular brands of retail chain stores that include the renowned Lulu chain of supermarkets, department stores, hypermarkets and now shopping malls. Al Falah Plaza and Emirates General Market are other popular retail chains operated by us. EMKE Group's retail chains cater to over 200,000 customers everyday and enjoy over 32% of the total retail market share within the GCC. With the opening of forthcoming stores and malls the Group's market share is sure to increase.