1. Home
  2. Dubai: Mangalurean Shabana Faizal receives NRI entrepreneur award

Dubai: Mangalurean Shabana Faizal receives NRI entrepreneur award

[email protected] (CD Network)
March 25, 2016

Dubai, Mar 25: Recognizing her commitment to responsible business in the UAE and India, Kairali TV has conferred the NRI Woman Entrepreneur Award to Shabana Faizal, Chief Corporate Officer (CCO) and Vice-Chairperson of KEF Holdings at their first-ever business excellence awards. KEF Holdings is a UAE-based multinational diversified group that specializes in innovative offsite construction technology.

006

Hailing from the city of Mangalore ,Shabana started her entrepreneurial career in 1995, when she set up Sophiya's World - luxury and special items studio - in Calicut, following her marriage to Faizal E Kottikollon, Chairman of KEF Holdings and the Faizal and Shabana Foundation.

In her dual role at KEF Holdings, Shabana oversees the corporate functions at KEF Holdings including the HR & Administration, Corporate Communications, IT and Legal functions; she is keenly involved in strategizing KEF's foray across infrastructure, healthcare, and education domains in India and the UAE. Shabana also holds the position of Co-Founder & Vice-Chairperson of the company's corporate social responsibility (CSR) arm - the Faizal and Shabana Foundation.

The Kairali TV NRI Entrepreneur Awards ceremony, which was held at the Indian Consulate Hall, Dubai, was headlined by prominent non-resident Indians. The Awards were chaired and juried by Ashraf Ali, Issac John, Senior Business Correspondent at Khaleej Times and Mr. C.K. Menon, Chairman and CEO of Behzad Corporation.

Shabana has a driving passion to make a difference in the lives of the underprivileged, which led to the setting up the Faizal and Shabana Foundation, which serves as the core of KEF's Corporate Philosophy. The Foundation carries out campaigns to improve education, healthcare, sustainable livelihood, humanitarian assistance, youth development and housing in India and the UAE. Her most recent passion project wasthe revamp and enhancement of the GVHSS in Nadakkavu, Kerala which has empowered more than 2400 young girls to believe in themselves and their dreams, and impacted the lives of more than 69,000 students across 65 schools in Kerala.

In 2015, KEF Holdings also completed a residential complex for staff and students of Yenepoya University in Mangalore in a short nine months. This facility was India's first wholly offsite manufactured building complex, a project that Shabana was closely involved with.

Accepting the award, Shabana Faizal said: “I am extremely honored to receive the NRI Entrepreneur Award from Malayalam Communications Ltd and Kairali TV. As Steve Jobs once said, half of what separates the successful entrepreneurs from the non-successful ones is pure perseverance. That is one quality that has defined me and my work over the last few years. I have had an adventurous entrepreneurial journey over the last 20 years, and I am very proud of the good work that we have been able to do over this time.”

She added, “Our philosophy at KEF Holdings can be defined through our commitment to make a difference that counts, and this is what is at the core of all our initiatives. I am grateful for this recognition for my work, and I will continue to move forward on the same path.”

Shabana Faizal is the daughter of prominent Mangaluru businessman, B Ahmed Hajee Mohiudeen Thumbey, Founder and Chairman of B A Group and is a psychology graduate of St Agnes College, Mangaluru.

Comments

Mohammed
 - 
Saturday, 26 Mar 2016

congratulations Mrs.Faizal

Add new comment

About text formats
  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
January 23,2020

Mangaluru, Jan 23: Bajpe Police on Thursday registered yet another case against the prime accused in Mangaluru International Airport case, Aditya Rao.

According to the police, a complaint was received from the officials of Indigo flight that they had to delay their flight scheduled to take off for Hyderabad at 1615 hrs after receiving a hoax call from Aditya, threatening of bomb.

They also asserted that the passengers were de-boarded from the flight and the luggages were brought back to security check again.

Comments

Add new comment

About text formats
  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
April 4,2020

Mangaluru, Apr 4: The chemistry department of National Institute of Technology-Karnataka (NIT-K) here has started producing hand sanitizers in view of its shortage in the market after the coronavirus outbreak.

The social initiative led by Arun Isloor, professor and head of the department, was launched by NIT-K director K Uma Maheshwar Rao.

The raw materials needed for this product were provided by the institute.

Comments

Add new comment

About text formats
  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
January 6,2020

Bengaluru, Jan 6: Chief minister BS Yediyurappa has plenty on his plate ahead of the 2020-21 state budget to be presented on March 5 what with the economic slowdown and a sizeable shortfall in revenue, but the biggest worry is the uncertainty surrounding Goods and Services Tax (GST) compensation from the Centre.

There is also uncertainty over the state’s share under devolution of funds as per the 14th Finance Commission recommendation.

Finance department officials say that while Rs 3,500 crore is expected as GST compensation for every two months, the devolution of funds would have yielded about Rs 7,000 crore for the current fiscal. But the economic slowdown appears to have hit the Centre’s finances and is likely to impact the state’s share of funds.

“The GST payment for August-September came only in December and we are unsure how much we will get for October-November and December-January,” an official said. Estimates suggest the state’s share under devolution of funds could be reduced by half.

At a meeting of finance department officials last week, Yediyurappa is said to have admitted that unlike those states where non-BJP parties are in power — they have threatened agitations and court cases — the government cannot go “against” Prime Minister Narendra Modi’s regime.

Instead, Yediyurappa has urged senior IAS finance department officials to lobby for funds with their counterparts in New Delhi. On his part, Yediyurappa is said to have already written to Modi and finance minister Nirmala Sitharaman to at least release the state’s share of GST compensation for the current calendar year of 2019. He is planning to personally meet the PM in Delhi to push the state’s case.

Comments

Add new comment

About text formats
  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.