Faizal E. Kottikollon named in Entrepreneur Middle East 100 NRIs
Dubai: UAE-based Indian entrepreneur and philanthropist Faizal E. Kottikollon, founder and chairman of KEF Holdings, has been named among the top 100 Non-Resident Indians (NRIs) of the year by Entrepreneur Middle East.
The annual list recognises prominent NRI entrepreneurs across diverse industries, highlighting leaders who have made significant business and social contributions globally.
Born to P.K. Ahmed, founder of Kozhikode-based Peekay Steel, Faizal E. Kottikollon has built a diversified business empire spanning infrastructure, healthcare, technology, and sustainable investments.
KEF Holdings, established in 1995 with Al Ahamadi General Trading in Ajman, UAE, expanded into world-class foundries, valve trading through JC Middle East, and Emirates Techno Casting (ETC), an integrated engineering and R&D facility rated among the top three technologically advanced foundries globally.
In 2012, Tyco International acquired the business for USD 400 million, paving the way for KEF Holdings’ two verticals – KEF Investments and KEF Infra. KEF Investments focuses on low-risk, high-income global opportunities, while KEF Infra has executed strategic projects including a 2018 merger with Menlo Park-based Katerra, revolutionizing construction and design.
Faizal currently serves on the board of Sharjah Research, Technology, and Innovation Park (appointed 2023) and chairs the UAE Chapter of the UAE-India Business Council. Under his leadership, KEF Holdings invests in innovative, sustainable solutions aimed at benefiting society.
Alongside Faizal, his wife Shabana Faizal, originally from Mangaluru, Karnataka, plays a pivotal role in business and philanthropy.
Shabana is the daughter of the late B. Ahmed Haji Mohiudeen, founder of the BA Group of Businesses in Thumbay near Mangaluru.
She holds a degree in psychology from St. Agnes College and a diploma in fashion design and merchandising from the National Institute of Fashion Design, Dubai.
Shabana has been recognised as one of India’s top philanthropists, ranking among the youngest women in the top 10 of the EdelGive Hurun India Philanthropy List 2025, having donated Rs 40 crore through the Faizal & Shabana Foundation.
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The couple co-founded the Faizal & Shabana Foundation in 2007, officially incorporated in India in 2012, with the motto “Giving to Create Impact.” The foundation focuses on education, youth development, healthcare, community outreach, regenerative development, humanitarian aid, and the arts. Faizal & Shabana Foundation has contributed more than INR 340 million ($4.5 million) toward renovating schools in Kerala, Karnataka, and Tamil Nadu, creating prefabricated classrooms to quickly replace crumbling infrastructure.
The Nadakkavu School in Kozhikode, restored in 2013 with Faizal & Shabana Foundation funding of INR 180 million (2.4 million dollars), became a model for school renovation nationwide, now influencing nearly 1,000 schools and benefiting over 300,000 students. Faizal & Shabana Foundation initiatives extend to Krishnagiri district in Tamil Nadu, supporting 5,000 residents through education, vocational training, organic farming, and community development.
Faizal emphasizes education equality as central to his philanthropy, stating, “Government schools are typically in a bad situation because they haven’t been properly maintained due to a lack of funding. Around 90 percent of India’s kids go to these schools, and that’s where inequality starts.”
The foundation also responds to emergencies, including floods in Kerala, Chennai, Kashmir, Haiti, and repatriation and food relief for Indians stranded in the UAE during the COVID-19 pandemic.
Faizal & Shabana Foundation initiatives further include a scholarship endowment at the University of Sharjah and a proposed Dhs10 million ($2.72 million) medical research grant for the UAE’s Al Jalila Foundation.
The couple has also contributed to the healthcare sector, with KKR acquiring a majority stake in Meitra Hospital, a premium Kozhikode-based institution founded by Faizal.
Both Faizal and Shabana signed the 2022 Responsible Tourism Charter at London’s Magna Carta Island, joined by their youngest daughter, Czarina, who became the youngest person globally to sign the charter.
In addition to philanthropy, Faizal and Shabana lead KEF Holdings’ upcoming initiatives, including the Tulah Clinical Wellness Sanctuary in Chelembra near Kozhikode Airport, set to open in April 2025.
Spread across 30 acres with an investment of Rs 1,000 crore, Tulah integrates Ayurveda, Chinese and Tibetan medicine, yoga, meditation, sports rehabilitation, and genome-based treatments, aiming to redefine global wellness.
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Screenwriter Salim Khan on ventilator support and stable, say doctors
Mumbai (PTI): Veteran screenwriter Salim Khan suffered a brain haemorrhage which has been tackled, is on ventilator support as a safeguard and stable, doctors treating him said on Wednesday, a day after he was admitted to the Lilavati Hospital here.
The 90-year-old, one half of the celebrated Salim-Javed duo which scripted films such as "Sholay", "Deewar" and "Don" with Javed Akhtar, is in the ICU and recovery might take some time given his age.
"His blood pressure was high for which we treated him and we had to put him on a ventilator because we wanted to do certain investigations. Now the ventilator was put as a safeguard so that his situation doesn't get worse. So it is not that he is critical," Dr Jalil Parkar told reporters.
"We did the investigations that were required and today we have done a small procedure on him, I will not go into the details. The procedure done is called DSA (digital subtraction angiography). The procedure has been accomplished, he is fine and stable and shifted back to ICU. By tomorrow, we hope to get him off the ventilator. All in all, he is doing quite well," he added.
Asked whether he suffered a brain haemorrhage, the doctor said, "Unko thoda haemorrhage hua tha, which we’ve tackled. No surgery is required.
As concern over Khan's health mounted, his children, including superstar Salman Khan and Arbaaz Khan, daughter Alvira, and sons-in-law Atul Agnihotri and Aayush Sharma, have been seen outside the hospital along with other well-wishers. His long-time partner Akhtar was also seen coming out of the hospital.
Khan, a household name in the 70s and 80s, turned 90 on November 24 last year. It was the day Dharmendra, the star of many of his films, including "Sholay", "Seeta aur Geeta" and "Yaadon Ki Baraat", passed away.
Hailing from an affluent family in Indore, Khan arrived in Mumbai in his 20s with dreams of stardom. He was good looking and confident he would make a mark in the industry as an actor. But that did not happen. And then, after struggling for close to a decade and getting confined to small roles in films, he changed lanes.
He worked as an assistant to Abrar Alvi and soon met Akhtar to form one of Hindi cinema's most formidable writing partnerships. They worked together on two dozen movies with most of them achieving blockbuster status.
Other than "Sholay", "Deewar" and "Don", Khan and Akhtar also penned "Trishul", "Zanjeer", "Seeta Aur Geeta", "Haathi Mere Saathi", "Yaadon Ki Baarat" and "Mr India".
