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  • MAHABIZ Convention: Bridging Continents for Business Beyond Borders in Dubai

Dubai: The Gulf Maharashtra Business Forum Global (GMBF) recently concluded 7th edition of its highly anticipated two-day convention, MAHABIZ 2024, with a resounding focus on the theme ‘Connect, Expand, and Grow.’

The culmination of MAHABIZ 2024 in Dubai marked a significant milestone for GMBF, as it brought together a diverse array of prominent figures, including local and global leaders, ministers, and politicians. The convention’s theme shed light on the potential of startups in the Middle East. It also explored lucrative business opportunities in African nations.

On the first day of the event, they featured an insightful panel discussion led by startup experts Deepak Ahuja, Sonali Goila, Mann Midha, and Nilmani Gautam. These experts delved into the intricacies of navigating the GCC startup landscape, offering a comprehensive overview of the region’s opportunities and challenges. Their consensus was clear: the Middle East is fertile ground for startups to thrive.

International delegates from countries such as Japan, Ethiopia, Rwanda, UAE, South Africa, and Cango shared their valuable insights on various sectors, including green energy, crypto, and mining. Dr Nitin Seth, Vice Chairman of G.D. Foods from India, added significant value to the convention.

Rajesh Agarwal, the chairman of RKG group, took a moment to underscore the essence of GMBF. Describing it as a 16-year-old organisation boasting over 500 members, Agarwal emphasised the forum’s unique familial approach and its commitment to a problem-solving ethos. GMBF, according to Agarwal, stands as a solution-oriented organisation, reflecting its core philosophy.

The second day of MAHABIZ 2024 witnessed a compelling address by Nitin Gadkari, the Indian Union Minister for Road Transport & Highways. Gadkari unveiled India’s ambitious roadmap to achieve carbon neutrality by 2070, showcasing the nation’s commitment to sustainable development. The gathering served as a platform for global leaders and innovators to engage in discussions surrounding sustainable development and the forging of economic partnerships.

As the Chief Guest, Sheikha Jawaher Bint Khalifa Al Khalifa added a touch of royalty to the event. Minister Gadkari’s virtual discourse highlighted India’s remarkable renewable energy and sustainability strides. He emphasised groundbreaking solutions such as self-sustainable aviation fuel from biomass, bio-CNG production, and bamboo-based bioethanol refining. Gadkari stressed the pivotal role of technology, innovation, and international collaboration in realising India’s ambitious vision of carbon neutrality by 2070. He applauded India’s rapid adoption of electric vehicles and renewable energy sources as critical drivers of sustainable progress.

The significance of Mumbai in India’s economic landscape was also underscored, acknowledging its role in attracting substantial domestic and international investments.

Satish Kumar Sivan, the Consul General of India, echoed Gadkari’s sentiments, emphasising the deep-rooted cultural ties between India and the UAE. He shed light on recent milestones in economic collaboration, including a notable surge in bilateral trade volume, reaching USD 85 billion in the last fiscal year. Sivan highlighted recent agreements, such as the Bilateral Investment Treaty (BIT) and the Intergovernmental Framework Agreement on India’s Middle East Europe Economic Corridor, aimed to bolster economic integration and cooperation across diverse sectors.

A directory of all delegates’ contact details was launched by the GMBF Global Committee members team and made available to all delegates.

Dr Sunil Manjarekar, President of GMBF Global, mentioned that the global impact of MAHABIZ 2024 was evident in the diverse representation, with delegates from 22 countries, including Saudi Arabia, Japan, Kenya, Rwanda, and Ethiopia. He also mentioned that the convention witnessed the participation of more than 400 delegates on the first day and 800 delegates on the second day. During the MAHABIZ 2024, a substantial business of approx. USD 85 million was generated.

Dr Sunil said MAHABIZ 2024’s success lies in its commitment to fostering connections, facilitating expansion, and promoting growth. He also thanked the organising team, who worked relentlessly to make this event a success.

The event catalysed meaningful discussions and collaborations, paving the way for a brighter future in business and economic development.


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