Dubai, United Arab Emirates | September 30, 2018
The awards represent the benchmark of success for senior executives in the Middle East and are eagerly anticipated by winners, sponsors, nominees and guests each year
Pantheon Group is proud to announce that its founder Kalpesh Kinariwalahas been selected for the ‘International Achievement CEO of the Year’ award at the 2018 CEO Middle East Awards in recognition of his outstanding work over the past year in which the group witnessed remarkable successes in the UAE and international market.
Mr Kinariwala is the Founder and Chairman of the UAE-based well-diversified Pantheon Group. Headquartered in Dubai, the global business conglomerate has other offices in India, Far East, and Latin America with an annual turnover of more than Dh1.2 billion, or US$325 million.
The CEO Middle East Awards recognise and reward the most successful and innovative CEOs in the Middle East. The 2018 awards honoured top CEOs that have delivered outstanding results, as well as those that have made a vital contribution to the vibrancy of business across the region. The awards represent the benchmark of success for senior executives in the Middle East and are eagerly anticipated by winners, sponsors, nominees and guests each year.
Kinariwala received the prestigious award at the glittering award ceremony held at Rixos Premium Dubai on September 25. It was attended by the elite class of the Middle East CEOs and other dignitaries from the UAE and the region.
After receiving the award, Kinariwala said, “I am humbled by this recognition of our efforts towards promoting the business in the UAE and international markets.”
He said it’s always team efforts when top officials of the companies win awards. He praised the continuous outstanding efforts of the company employees towards achieving success in various fields.
Kinariwala and his Group have interests in Mining, Oil & Gas, Asset Management, Financial Services, Property Development and trading activities in numerous sectors. Mr. Kinariwala is enterprising, forward-looking, and innovative self-made businessman, who has taken a hands-on approach, working relentlessly at the helm of each business he founded.
With more than 15 years of experience in various business verticals, Mr. Kinariwala explored the potential of iodine distribution business and soon became the largest distributors of iodine in the world. Mr. Kinariwala also launched his own hedge fund CapVeda Capital (India) Advisory Pvt. Ltd., and the fund soon became the talk of the industry.
With his rich experience of numerous profitable businesses in different markets, Mr. Kinariwala entered the Dubai’s real estate market in 2016 with Pantheon Real Estate Developments with the aim to fill the gap in the affordable luxury segment in Dubai’s realty market. He launched the first project – Pantheon Boulevard at District 13 of Jumeirah Village Circle. First, he completed the Dh150 million project with his own capital and then launched the sale, which is not common practice in the market as the off-plan sale is quite common in Dubai. The 162-unit project successfully delivered to end-users and investors. Based on the success of the first project, he has planned to launch a number of real estate projects in the UAE and the next will be Pantheon Elysee worth Dh180 million.