Dubai: Bunt Leader, Entrepreneur, Philanthropist M M Rai No More


Dubai: Bunt Leader, Entrpreneur, Philanthropist M M Rai No More

by Sarvotham Shetty, Abu Dhabi

Dubai, Sep 2: Mangalore Mahabal Rai (83), popularly known as M M Rai, a leading businessman and founder of UAE Bunts, breathed his last here on Tuesday September 1.

Rai, a leading businessman, had been living in Dubai since the year 1978.  He was born on April 26, 1926. M M Rai had started his business carrier in 1969 in Lebanon and later shifted to Dubai in 1978. Rai had also founded several organizations in UAE, India, France, UK, Lebanon and Cyprus.

M M Rai was the founder as well as the chairman of M R Group of Companies, M R Development and Commercial Co Ltd, which has centres in Dubai, Cyprus and Lebanon, M R Navigation Inc, which operates in Dubai and Panama and Federal Insurance Services and Consultancy Co LLC with offices in Dubai and Abu Dhabi. He was also one of the founder members of UAE Bunts.

His wife, Vani Rai, a native of Bangalore, India too is a resident of UAE since the year 1978.
 

  

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Comment on this article

  • Vikram Raj Rao/Rita Rao, Mangalore - Abu Dhabi

    Wed, Sep 02 2009

    Our heartfelt and deepest condolences to the bereaved family on the untimely demise of Mr.M.M.Rai. May God give them the strength to bear this loss. May his soul rest in peace. - Vikram/Rita Rao

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  • Mr. Peter D''Souza (Hatta Auto), Mangalore/Dubai

    Thu, Sep 03 2009

    Dear Mrs. Vani Rai, I wish to extend my sincerest condolences to you on the sad demise of your husband. I pray that God gives you all the strength and support that you need in this difficult time. I also extend my sympathies to the management and staff of Federal Insurance Services on the untimely demise of Mr. Rai. May his soul rest in peace.

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  • B.P.KRAPAKAR RAI, MANGALORE/ABUDHABI

    Wed, Sep 02 2009

    I AM VERY SORRY TO HEAR THE SAD DEMISE OF MR M.M.RAI.PLEASE KINDLY ACCCEPT MY HEARTLY CONDOLENCES.

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  • Sarvotham Shetty, Pareeka - Abu Dhabi

    Wed, Sep 02 2009

    Dear Vani Akka, We are deeply aggrieved to hear about the sad demise of our dear Shri M M Rai. Kindly accept our heartfelt condolences. May the Almighty bestow eternal peace on the departed soul and take him in HIS heavenly abode. for UAE BUNTS Sarvotham Shetty - Abu Dhabi

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Title: Dubai: Bunt Leader, Entrepreneur, Philanthropist M M Rai No More



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