News DeskDubai, UAE – In a significant move marking the next phase of BST Group’s growth, Dr. Farooq Abdal has acquired the equity of Iqbal Khokar, signaling a strategic shift in the company’s leadership. This change follows Mr. Khokar’s decision to exit BST Group to focus on other ventures.
Iqbal Khokar has been an instrumental figure within BST Group, contributing invaluable strategic insights and leadership that have been pivotal in the company’s rise in the industry. Under his guidance, the company successfully launched several innovative businesses. His departure, driven by his engagement in other projects, marks the end of an era for BST Group but also signifies a new chapter under Dr. Abdal’s leadership.
Dr. Abdal, who has been a driving force behind BST Group’s vision, will now fully steer the company towards its ambitious goals. His acquisition of Mr. Khokar’s equity underscores his deep commitment to the company’s future. Dr. Abdal’s leadership is anticipated to bring renewed energy and focus to BST Group.
Expressing his gratitude, Dr. Abdal stated, “Mr. Iqbal has been a cornerstone of BST Group’s success. His vision and dedication have laid a solid foundation for us to build upon. However, things aren’t changing much as I was and always was at the forefront of BST.”
Looking ahead, BST Group remains focused on launching new businesses such as Blue Fashion, Safex (Crypto Exchange), Blue Sapphire Travel, BST Bank, BST Metaverse, BST Games, and BST Wealth Management. With Dr. Abdal at the helm, the company is well-positioned to expand its market reach and drive Web3 technology adoption.
As BST Group evolves, Mr. Khokar’s contributions will always be remembered. The company extends its best wishes to Mr. Khokar in his future ventures.
