ICAI Dubai Chapter officials honor prominent Kannadiga NRI SM Syed Khalil
Dubai: A delegation from The Institute of Chartered Accountants of India (ICAI Dubai Chapter) recently visited the reputed NRI Businessman and founding member of the ICAI Dubai Chapter, SM Syed Khalil, at his residence in Dubai to extend their felicitations.
Led by Rajesh Kumar Somani, Chairman of the ICAI Dubai Chapter, the delegation included Secretary Rishi Chawla, Treasurer Dheeraj Ranasaria, and Executive Member Aashna Mulgaonkar.
During the visit, the delegation commended SM Syed Khalil for his dedicated service to the ICAI Dubai Chapter, where he served as Chairman for two terms between 1987 and 1994. They also acknowledged his ongoing guidance and support to the chapter's office bearers since its inception.
As a token of appreciation, the delegation presented SM Syed Khalil with a memento and expressed their gratitude for his continued support and mentorship in the future.
SM Syed Khalil, a distinguished chartered accountant, has contributed significantly to the UAE's business landscape, notably with the Galadari family for nearly three decades when he first joined as general manager of the Khaleej Times daily newspaper. His tenure includes serving as the Group Executive Director of Ilyas and Mustafa Galadari (IMG) Group from 2002 to 2011 and currently holding the position of Founding Chairman of K&K Enterprise, a general trading company based in Sharjah.
Prior to his UAE endeavors, Khalil held prominent roles with Mahindra Ugine Steel in India and served as Vice-Chairman of the Jashanmal Group of Companies. He also serves as the Chairman of Maadhyama Communications Ltd., and Chairman of news channel Sahil Online.
Additionally, he has established various media companies and charitable foundations in Dubai and India, demonstrating his commitment to philanthropy. He is also the patron and board members of various socio, cultural and charitable organisations both in India and UAE.
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Trump pauses tariffs on most nations for 90 days, raises taxes on Chinese imports
Washington, Apr 9 (AP): Facing a global market meltdown, President Donald Trump on Wednesday abruptly backed down on his tariffs on most nations for 90 days, but raised his tax rate on Chinese imports to 125 per cent.
It was seemingly an attempt to narrow what had been an unprecedented trade war between the US and most of the world to one between the US and China.
Global markets surged on the development, but the precise details of Trump's plans to ease tariffs on non-China trade partners were not immediately clear.
