NRI Entrepreneur Nasir Syed honored with Business Icon Award in Dubai
Dubai: In a ceremony held recently at Taj Exotica, The Palm, Dubai, NRI entrepreneur Nasir Syed was bestowed with the prestigious Business Icon award by NKN Media, recognizing the achievements of Indian business leaders in the UAE. The event, which celebrated the success stories of 16 icons spanning diverse industries, including Danube Group Chairman Rizwan Sajan, Petrochem Middle East CEO Yogesh Mehta, Thumbay Moideen of Thumbay Group and others.
The event was graced by the esteemed presence of Dr. Shashi Tharoor, former Minister of State for External Affairs and renowned author. Dr. Tharoor presented the award to Nasir Syed.
Hailing from Moodbidri and the son of Syed Mohidin and Khurshida Begum, Nasir Syed has carved a niche for himself as an acclaimed entrepreneur and international superbike rider in the UAE. He holds the position of Founder and CMD at Creative House Scaffolding, an enterprise that stands testament to his entrepreneurial prowess.
The grand event was organized in collaboration with India Today Group, one of India's foremost media houses. The ceremony received widespread attention, being broadcasted on India's prominent news channels, Aaj Tak and India Today TV. The award ceremony aimed to pay tribute to visionary leaders, acknowledging their significant contributions to the UAE's business landscape and community.
Celebrated actors and influencers such as Vivek Oberoi and Salman Yusuff Khan shared exclusive video messages with their dedicated fan base, expressing their anticipation for the event. Adding to the star-studded affair, India's leading news anchor, Rajdeep Sardesai, graced the occasion with his presence, adding to the event's grandeur.
The ceremony served as a captivating platform, showcasing the inspiring journeys and remarkable accomplishments of these distinguished business icons. Engaging 30-minute episodes, highlighting their stories, are slated for broadcast, allowing viewers a glimpse into the experiences and achievements of these influential personalities.
Superstar NRI Kannadiga in Dubai -
Nasir Syed bravely embraced the challenge of building and expanding his business without getting stuck into a routine job in a Gulf country. In the early 2000s, Nasir ventured into the scaffolding industry, mounting numerous hurdles to establish his own enterprise. Fueled by a strong work ethic, exceptional customer service, innovative approaches, and an unwavering commitment to quality, he propelled his business to a pivotal moment in 2005. Nasir's company garnered the attention of significant clients, marking a significant turning point in his journey. From that moment on, Nasir never looked back. With determination and perseverance, he continued to progress, one step at a time. Today, the companies he initiated single-handedly provides employment to over 200 individuals, a testament to his remarkable achievement.
Presently, Nasir Syed successfully oversees CHS Creative House, a prominent entity in the scaffolding and formwork sector across the entire UAE. Additionally, he manages VME Valves Factory LLC, renowned for its industrial valve manufacturing, as well as Creative House Events, an organization known for orchestrating world-class events. Furthermore, Nasir directs DSBK – D Super Bike Racing, an esteemed entity that organizes international racing competitions. Under his guidance, these ventures continue to flourish and thrive.
Superbike Racing Champion - Nasir Syed, who once indulged in cricket, football, and badminton during his school and college years, found his true passion in bike racing. Despite the inherent dangers and high costs associated with superbike racing, he was captivated by its thrill. Upon relocating to Dubai, his fascination grew, leading him to immerse himself in the world of superbike racing.
Remarkably, Nasir ventured into this challenging field and emerged as an international champion, clinching victory in 38 professional bike racing competitions. His expertise extended to competing in prestigious events such as the UAE National Championship and the Bahrain Superbike Championship, further solidifying his reputation as a formidable racer.
Nasir has recently founded a new enterprise in Dubai, known as DSBK - D SUPER BIKE RACING. The company has already achieved milestones by successfully hosting its inaugural racing competition. It serves as a unique platform, uniting Superbike racers, their dedicated fan base, and esteemed brands.
Anila Nasir, Nasir's wife, has been the cornerstone of support for her husband in both his business and sporting pursuits, providing encouragement and strength. Their son, Abdul Sami, has already begun carving a niche for himself as a promising superbike racer, following in his father's footsteps. Their other children, Yahya Nasir, daughters Hana Nasir, and Rida Nasir, have settled in Dubai with them.
Nasir, a triumphant entrepreneur and champion superbike racer, has also been actively promoting philanthropic endeavors. His initiatives extend to various social activities, focusing on providing essential aid to deserving individuals in areas such as education and healthcare.
Superbike Racing in India -
DSBK - D SUPER BIKE RACING, is also set to host its championship in India next year. Nasir Syed will personally make this announcement during a press conference scheduled in Mumbai on November 4th. Detailed information about this event can be found on the official DSBK Racing Instagram page.(DSBKracing)
This is a feature story published in honor of Kannadiga NRI Nasir Syed and his achievements.
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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.
