Faisal Kottikollon is an Indian entrepreneur who managed to invest a very modest amount—no more than $5,000—in the United Arab Emirates and went on to

Thanks to God, his genius, abilities, and exceptional skills, he achieved tremendous success and made substantial profits.

His net worth even surpassed the half-billion-dollar mark—a huge sum compared with the five thousand dollars he started with. He also became responsible for creating jobs for many

people from his hometown and across the Gulf countries. Since this man is considered a role model and a source of inspiration for anyone who wants to become A successful entrepreneur فإننا

In this article, we’ll share his success story, from the beginning to the present day, adding it to the success stories of entrepreneurs and business leaders featured on our website.

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Faisal Kottikollon’s Early Beginnings:

“Faisal Kottikollon” was studying industrial engineering in the United States. After graduating and earning his degree, he decided to move with

his wife to Dubai in 1995. They loved the place and decided to stay in the UAE rather than return to the United States or India, bearing in mind

that construction and development activity in the UAE was far less extensive than it is today.

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Think like an entrepreneur:

“Faisal Kottikollon” says he was staying at the modest Al Karama Hotel in Dubai. But after two weeks in the city, he became more interested in learning about

the activities and businesses operating in the country. He says he contacted and met with some of his friends and business owners to learn about opportunities and prospects in the

manufacturing sector in the UAE.

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Understand market requirements:

His friends, acquaintances, and everyone he consulted about the nature of business and prospects in the UAE manufacturing sector said that working in trade was better

and much easier than working in industry. But he decided to pursue manufacturing and chose the oil and gas sector because it is the foundation on which

the economy of the Arabian Gulf region is built. In addition, he had studied industrial engineering and believed it would help him a great deal. Faisal began doing some

market research and studies to identify available opportunities. During his research, he discovered that most of the alloys used by oil and mining companies in their operations

Manufacturing and production do not take place in the UAE; instead, products are imported from abroad. I found this very surprising.

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Start your own small business:

Faisal seized this opportunity and decided to establish a small company specializing in manufacturing steel products such as valves and pumps. He marketed his products

and offered them to oil and mining companies operating in the UAE at reasonable prices. Most of these companies welcomed his products because

they were high quality and reasonably priced, and could be delivered as quickly as possible without waiting for imports from abroad. This

positive reception enabled Faisal to achieve considerable success and profits. Just 11 years after its founding, his company, “KEF,” had become one of the leading companies that

It serves the oil and mining sectors in the UAE and has many major clients, including Qatar Petroleum, TICO, Takreer, Kuwait Oil, Petroleum Development Oman, and others. It also

has won several international awards, including the award for Best Alloy Company in the World.

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Lessons Learned:

If you decide to start a company or launch a new business, choose a field you’re passionate about and know well so you can excel in it.

Conduct studies and research to identify the market’s key gaps and opportunities, then work to capitalize on them.

Study your competitors, learn about their prices and product quality, and make sure you can offer better products or more competitive prices.

Before launching the project, you should conduct a detailed feasibility study to estimate the expected costs, revenue, and net profits.

It should also cover the main sources of funding and other important details.