Abdul Razzak Yaqoob
() (ARY) is a wealthy Pakistani businessman based in Dubai. He is the owner of ARY Group
Mr Yaqoob was born into a poor family and spent his youth working in a factory to earn some extra money for his family. His migrated from Surat in India after independence of Pakistan
in 1947. He came to Dubai
from Pakistan in 1969 to recover some money owed to him from a friend. But Yaqoob realised that Dubai
was a place of opportunities and decided to stay on. It was in Dubai that Yaqoob created his wealth after running his business on a simple "maiz-kursi" (Table-Chair) format.
In 1972 Yakoob established ARY and opened its first outlet in Fikri market Deira
. He also started importing watches, perfumes and cigarettes. Two years later, when his brother, Mohammed Iqbal, joined him, the group branched out into dealing with food and Textiles. Besides catering to the local market, they also began exporting food-stuff to Iran. Yaqoob's current business includes a Gold and Silver trading segment.
Yaqoob is known to provide financial assistance to the Pakistani government in times of need.
Yaqoob is Muslim
by faith. He keeps a full beard and enjoys simple food. He has also performed the Islamic pilgrimage of Hajj
. He is therefore often listed as having the prefix of "Haji" before his name.
Abdul Razzak Yaqoob is head of the World Memon Organization
. The WMO is a... Read More