Paras Shahdadpuri

“Dubai’s pace of development is unmatched”

“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, Chairman of Nikai Group of Companies.

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

He says ease of doing business, 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 Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai. He is grooming the Crown Prince of Dubai, Shaikh Hamdan bin Mohammed bin Rashid Al Maktoum, 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 businesses, be it small, medium or large. “Any particular sector of business, or profession, you will find your appropriate place to grow here.”