Dubai: Gulf Karnatakostava 2023 set to unite accomplished Gulf businessmen to celebrate heritage
Dubai (Press Release): The upcoming Gulf Karnatakostava 2023 is poised to bring together accomplished businessmen from the Gulf region in the vibrant city of Karnataka, India. Scheduled for September 10, 2023, at the prestigious Baniyas Ballroom within the Grand Hyatt, Dubai, this significant event is expected to attract around 1000 attendees. The evening promises a blend of networking, celebration, and cultural experiences, complete with a sumptuous feast featuring authentic Karnataka cuisine.
“The Gulf Karnatakostava 2023 serves as a remarkable platform to recognize and appreciate the achievements, innovations, and significant contributions of these distinguished businessmen in their respective industries. Beyond their financial success, these visionary leaders have played pivotal roles in driving economic growth, generating employment opportunities, and fostering advancement,” a press statement from the organizing committee stated.
A major highlight of the event is the 'Gulf Ratna Awards', where exceptional business icons will be honored for their outstanding achievements. While the event aims to inspire others, it also seeks to foster a sense of unity among people from diverse backgrounds and places.
The Gulf Karnatakostava not only focuses on business recognition but also emphasizes cultural exchange. Attendees will be immersed in Karnataka's rich heritage, enjoying traditional music and savoring delectable cuisine. The event features a star-studded music concert by Santosh Venky, known for his work in 'KGF: Chapter 2', and a side-splitting stand-up comedy act.
The evening will commence with a cultural welcome, followed by Roopesh Shetty, winner of Bigg Boss Kannada OTT Season 1, as the show-stopper. Prakash Thuminad and Deepak Rai Panaje's comedy act adds to the entertainment. Musical performances by Guru Kiran and Chaitra H. G., as well as the energetic Pili Vesha folk dance, are set to captivate the audience. The event will conclude with a lively song and dance performance by Sarah Pinto on the theme ‘Retro to Metro’, celebrating business success and Karnataka's vibrant culture.
A much-awaited highlight of the evening will be the presence of His Highness Sheikh Mohammed Maktoum Juma Al Maktoum, Member of the Ruling Family, Dubai, and Chairman of MBM Group, as the distinguished chief guest. Known for his dedication to business development, philanthropy, and community betterment, His Highness's presence adds significance to the event and underscores the strong ties between the Gulf and Karnataka.
Beyond the festivities, the Gulf Karnatakostava aims to foster global partnerships and collaborations. By bringing together businessmen, thought leaders, and influencers from diverse backgrounds, the event seeks to establish connections that transcend geographical boundaries, driving economic growth, innovation, and sustainable development for both the Gulf region and Karnataka.
Set for September 10, 2023, the Gulf Karnataka Event 2023 promises to be a convergence of excellence, culture, and entertainment, all centered around celebrating accomplished businessmen from the Gulf region. As anticipation builds and the event draws closer, attendees can look forward to an experience that celebrates both the world of business and the richness of culture in all its grandeur.
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Iran war halts Marathwada turmeric exports, prices drop in domestic market
Chhatrapati Sambhajinagar (PTI): The ongoing conflict between the US, Israel and Iran has halted turmeric exports from Maharashtra’s Marathwada region, causing domestic prices to crash from Rs 16,500 to Rs 13,000 per quintal.
Shiv Sena MLC Hemant Patil on Tuesday said that turmeric cultivated in Marathwada is exported to the Gulf and African countries, but the war that broke out last month has halted exports completely.
Turmeric is a cash crop cultivated in nearly 2 lakh acres in Hingoli district, and the Vasmat variety received a Geographical Identification (GI) tag in 2024.
Containers of turmeric from Hingoli and adjoining regions are shipped out of the country from Tamil Nadu and Kerala after processing, said Patil, who also heads the Balasaheb Thackeray Turmeric Research and Training Centre in Hingoli.
"Hingoli, Nanded, Wardha, Parbhani, Yavatmal and Washim are the turmeric belts in Marathwada. These districts produce nearly 25 lakh tonnes of the crop. The land under turmeric cultivation in Hingoli district alone is around 2 lakh hectares," he said.
Prakash Soni, a turmeric trader from Hingoli, said the Iran war has not only completely halted the exports, but the price of the produce in the domestic market has also taken a hit.
"Before the war, turmeric was being sold at Rs 16,500 per quintal. The price has now reached Rs 13,000. The price will drop further if the war continues," he said.
According to data from the Ministry of Commerce and Industry, India exported turmeric worth USD 341.54 million in 2024-25, with Maharashtra alone accounting for USD 155.35 million.
The produce was exported to Bangladesh, the UAE, the US, Malaysia and Morocco.
