DUBAI, United Arab Emirates, May 11, 2016 (GLOBE NEWSWIRE) -- Sunil Vaswani, the Group Chairman of multinational conglomerate Stallion Group was ranked No.1 for the second consecutive year by Forbes Middle East, in its List of Top 100 Indian Business Leaders in the Arab World.
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/c2c12758-9ce0-475d-a783-3bede868541a
He was awarded as the top entrepreneur at the 4th Top Indian Leaders in the Arab World 2016 event held in Dubai. His Excellency T.P. Seetharam, the Ambassador of India to the UAE graced the exclusive ceremony as guest of honor and presented the awards to top ranked entrepreneurs and executives.
Forbes revealed that the selection for Top 100 entrepreneurs was based on revenues, number of employees, age of the company and visibility.
Sunil Vaswani was also the highest ranked in the Richest Indians in the GCC 2016 List published by Arabian Business earlier this year with a net worth of US$ 7.10 billion.
Stallion Group is a 45-year-old business enterprise that has grown from its modest start in West Africa into a fledgling multi-business conglomerate, with extensive operations in 18 countries.
Stallion is engaged in commodities, agriculture, automobile assembly and distributorship, food products, industries, steel manufacturing, mining, technology, logistics and financial services. The group is the most preferred partner for several global multinationals across a range of business sectors.