Amity University confers honorary doctorate on Thumbay Moideen

coastaldigest.com news network
November 21, 2017

Dubai, Nov 21: Thumbay Moideen, the Founder President of Dubai-based global conglomerate Thumbay Group, was conferred an Honorary Doctorate at the annual convocation ceremony of Amity University – Dubai, on November 20. Mr. Moideen, the Guest of Honour of the convocation ceremony, was awarded the doctorate in the presence of distinguished dignitaries, academicians, students, teachers and parents.

An official statement by Amity University Dubai said that Mr.ThumbayMoideen was being conferred the honor in view of his “significant contributions towards promotion of medical education, trade and industry, and social and economic development of the nation.”

In his acceptance speech, Mr. Thumbay Moideen expressed his gratitude to Amity University Dubai for awardingthe doctorate. “Throughout my career, I have had the privilege of transforming lives through education and healthcare, strengthening communities and contributing to the growth and progress of the nation. I owe my success to God Almighty, the support of the government, and my team. This recognition will inspire me to do more in driving positive change,” he said.

Mr. Thumbay Moideen awarded certificates to the graduates and the honors for batch toppers.

About Mr. Thumbay Moideen

Mr. ThumbayMoideen is the Founder President of Thumbay Group, a diversified international conglomerate headquartered at DIFC - Dubai, United Arab Emirates (UAE). Starting with the establishment of Thumbay Group in 1998, he has set up business operations in 20 sectors. Today, the Group has activities in Education, Healthcare, Medical Research, Diagnostics, Retail Pharmacy, Health Communications, Retail Optical, Wellness, Nutrition Stores, Hospitality, Real Estate, Publishing, Technology, Media, Events, Medical Tourism, Trading and Marketing & Distribution.

Thumbay Group today employs close to 5000 people, which is projected to increase to around 25000 by the year 2022, with the completion of ongoing and upcoming projects. The Thumbay chain of hospitals, the constituent teaching hospitals of the Gulf Medical University are one of the largest healthcare services providers in the UAE, serving patients from over 175 nationalities. The Gulf Medical University (GMU) which is one of the leading private medical universities in the Middle East region, attracts a student cohort of 80 nationalities and faculty and staff from over 25 countries. Currently, Thumbay Group is focusing on its strategic long-term plans which will see the group scale its businesses almost ten times and expand its operations globally.

The Group plans to build three more international campuses in the next five years. This is in addition to the plans to expand the chain of academic hospitals to 15 worldwide by 2022, with a total capacity of 1000 beds in the UAE, 1500 beds in India and 750 beds elsewhere in the Gulf and in Africa. The group also plans to expand specialized retail outlets.

Comments

ABDUL SALAM BELMA
 - 
Wednesday, 22 Nov 2017

All the best, congrats to well deserved person

Ahmed Bava
 - 
Tuesday, 21 Nov 2017

Masha Allah Mabrook Mr.Moideen Thumbay

AR Shetty
 - 
Tuesday, 21 Nov 2017

Hearty Congratulations saab

Muhammed Ali Uchil
 - 
Tuesday, 21 Nov 2017

Great honor-A Doctorate from World reputed Amity University-

thanks for  choosing the  right and most deserved person for 

this Privilege .

 

Heartily Congratulations Moideen Saab.

Danish
 - 
Tuesday, 21 Nov 2017

Wow. great! All the best for your future ventures..

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News Network
February 19,2020

Feb 19: Pay increases across India’s organized sector will probably grow at the slowest pace since 2009 this year, according to a survey from Aon Plc.

Companies will increase average pay by 9.1% in 2020, down from 9.3% in 2019 and 9.5% the previous year, Aon said in a report published Tuesday. The small increase reflects a deep slowdown in Asia’s third-largest economy, where growing pessimism about job prospects have led many to cut down on consumption -- the main driver to growth.

India still leads the Asia-Pacific region in pay rises, but that is mainly due to higher inflation and a “war for key talent and niche skills,” Aon said.

“There is a general air of caution about the economy as we enter into 2020,” Tzeitel Fernandes, partner for rewards solutions at Aon, told reporters in New Delhi. “Low GDP projection and weak consumer sentiment are the reasons behind our lowest ever prediction.”

E-commerce companies and start-ups will probably get the biggest salary increases, projected at an above-average 10%, while financial institutions will hand out 8.5%. Unsurprisingly, the auto sector witnessed the biggest drop in growth -- down to 8.3% from 10.1% in 2018, according to Aon. The survey covered more than 1,000 companies across over 20 industries.

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News Network
May 30,2020

Udupi, May 30: A total of 45 Novel Coronavirus (COVID-19) patients, including 17 children were discharged after recovery from the designated hospital in Udupi.

This comes as a big relief amid the rising number of cases in the district.

A total of 164 cases has been confirmed in the district so far.

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Agencies
May 17,2020

New Delhi, May 17: Eight of the 10 most valued domestic firms suffered a combined erosion of Rs 1,37,311.31 crore in market valuation last week, with Reliance Industries (RIL) taking the biggest knock.

Only Bharti Airtel and ITC from the top-10 list managed to close the week with gains.

RIL's market cap plunged Rs 65,232.46 crore to Rs 9,24,855.56 crore.

The market valuation of HDFC Bank declined Rs 22,347.07 crore to Rs 4,87,083.88 crore and that of Hindustan Unilever Limited tanked Rs 13,192.26 crore to Rs 4,77,458.89 crore.

ICICI Bank's market cap dropped Rs 9,770.06 crore to Rs 2,08,900.79 crore.

Infosys witnessed a decline of Rs 9,518.84 crore in valuation to reach Rs 2,77,814.09 crore while that of HDFC tumbled Rs 9,370.38 crore to Rs 2,83,293.70 crore.

The m-cap of Kotak Mahindra Bank slipped by Rs 7,805.2 crore to Rs 2,25,327.22 crore.

Tata Consultancy Services' market valuation dipped Rs 75.04 crore to Rs 7,10,439 crore.

In contrast, Bharti Airtel added Rs 13,147.89 crore to its valuation to stand at Rs 3,02,292.43 crore.

ITC's valuation also rose by Rs 7,744.11 crore to Rs 2,02,330.13 crore.

In the ranking of top-10 firms, RIL retained the number one spot, followed by TCS, HDFC Bank, HUL, Airtel, HDFC, Infosys, Kotak Mahindra Bank, ICICI Bank and ITC.

During the last week, the Sensex declined 544.97 points or 1.72 per cent.

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