'Expertise' CEO Muhammad Ashif Karnire awarded 'Global Beary of Business Youth Icon' award
Dubai: Muhammad Ashif Karnire, CEO of Saudi Arabia-based Expertise Contracting Company Limited, was honoured with the prestigious 'Global Beary of Business Youth Icon' award at the Beary Mela 2025. The event was held on Sunday at the Etisalat Academy Grounds under the auspices of the Bearys Chamber of Commerce & Industry (BCCI), UAE.
Karnataka Assembly Speaker UT Khader graced the event as the Chief Guest.
Karnataka Education Minister Madhu Bangarappa, Indian Ambassador to Dubai Satish Kumar Sivan, State Hajj Minister Rahim Khan, Bengaluru Shanthi Nagar MLA NA Haris. Vice-President of the Government's Non-Resident Indian Directorate Dr. Aarti Krishna, social worker Dr. Ronald Colaco, Thumbay Group founder president Dr. Thumbay Moideen, renowned non-resident Indian businessman and CEO of Al Muzain, Saudi Arabia, Zakaria Jokatte, Expertise Contracting Limited Director K.S. Sheikh Karnire, UAE Bearys Chamber of Commerce & Industry (BCCI) UAE Unit President Hidayat Addoor and others were present on the occasion.
The award recognized Muhammad Ashif Karnire's exceptional contributions to the industry and his outstanding achievements. Karnire, who heads the prestigious Expertise company in Jubail, Saudi Arabia, had previously been honoured in 2021 by Dr. Ausaf Saeed, the Indian Ambassador to Saudi Arabia, for his community services and professional excellence.
Founded in 2008, Expertise is a leading industrial services provider in Saudi Arabia, employing over 15,000 professionals and operating more than 7,500 pieces of equipment. The company serves a wide range of industries, including petrochemicals, oil and gas, fertilizers, steel, cement, water treatment, and power generation. Headquartered in Jubail Industrial City, Expertise has established a strong presence with branches across Saudi Arabia.
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ED attaches fresh assets in PMLA case against Reliance Group; total attachment over Rs 10K cr
New Delhi (PTI): The Enforcement Directorate has attached fresh assets worth Rs 1,120 crore as part of its money laundering probe against the companies of Reliance Group chairman Anil Ambani, officials said.
Eighteen properties, including the Reliance Centre in Mumbai's Ballard Estate, fixed deposits, bank balance and shareholding in unqouted investments of Reliance Anil Ambani Group have been provisionally attached under the Prevention of Money Laundering Act (PMLA), they said.
Another set of seven properties of Reliance Infrastructure Ltd, two properties of Reliance Power Ltd, nine properties of Reliance Value Service Private Ltd, fixed deposits in the name of Reliance Value Service Private Ltd, Reliance Venture Asset Management Private Lt, Phi Management Solutions Private Ltd, Adhar Property Consultancy Pvt Ltd, Gamesa Investment Management Private Ltd and investments made in unquoted investment by Reliance Venture Asset Management Private Ltd and Phi Management Solutions Private Ltd have also been attached, they said.
The ED had earlier attached properties worth over Rs 8,997 crore in the bank fraud cases related to Reliance Communications Ltd (RCOM), Reliance Commercial Finance Ltd, and Reliance Home Finance Ltd.
The total attachment in the case against the Reliance Group is now Rs 10,117 crore.
