Thumbay Group wins 4 honors at Sheikh Khalifa Excellence Awards 2018

coastaldigest.com news network
February 21, 2018

Abu Dhabi, Feb 21: UAE-based diversified global conglomerate Thumbay Group has become the first business group in the history of the prestigious Sheikh Khalifa Excellence Awards (SKEA) to win four awards in a single assessment cycle.

At the 16th Sheikh Khalifah Excellence Awards (SKEA) ceremony held under the patronage of Sheikh Mohammad Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, at the at the Emirates Palace in Abu Dhabi on February 21, 2018, the awards were presented by Sheikh Hamed bin Zayed Al Nahyan, Chairman of Abu Dhabi Crown Prince’s Court, to Dr. Thumbay Moideen, the Founder President of Thumbay Group.

The awards were won by the following entities owned by Thumbay Group:

• Gulf Medical University, Ajman – Gold Award
• Thumbay Hospital, Dubai – Silver Award
• Thumbay Hospital, Ajman – Silver Award
• Thumbay Hospital, Fujairah – Silver Award

Dr Thumbay Moideen said that Thumbay Group was proud to be honored at SKEA. “It is a matter of great pride that we have been honored at the prestigious SKEA awards, not once, but with four awards won by our entities in education and healthcare. I thank the SKEA jury for recognizing our efforts and our commitment to quality. I congratulate my team and I also take this opportunity to thank our customers for the trust they’ve invested in us, during the course of our two decade long journey. We have always striven to set new standards in education and healthcare, two of our core sectors, and ingrained innovation as the underlying function of our operations across all 20 sectors of business that we are involved in.”

Mr. Akbar Moideen Thumbay, the Vice President of Thumbay Group’s Healthcare Division said that the multiple recognitions for the healthcare division recognized not only the high quality of care that is received by patients at Thumbay Hospitals, but “It also emphasizes the fact that our high standards of patient care and service delivery pervade all the departments in all our hospitals.”  He further said, “We take tremendous pride in the fact that people from over 175 countries place their trust in our hospitals in the UAE and Hyderabad-India.”

The SKEA awards are given to both government and private companies and organizations that set and follow best all round business practices in various fields, every year.

About Thumbay Group

Founded by Dr. ThumbayMoideen in 1998, Thumbay Group is a diversified international business conglomerate with operations across 20 different verticals including Education, Healthcare, Medical Research, Diagnostics, Retail Pharmacy, Health Communications, Retail Opticals, Wellness, Nutrition Stores, Hospitality, Real Estate, Publishing, Technology, Media, Events, Medical Tourism, Trading and Marketing & Distribution. Headquartered in Dubai, the group presently employs around 5000 people, which is projected to increase to around 25,000 by the year 2022, with the completion of ongoing and upcoming projects. 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 Gulf Medical University (GMU), Ajmanis a leading private medical university of the Middle East region, attracting students from over 80 nationalities and employing staff from 25 different countries. The Thumbay network of academic hospitals is now the largest network of private academic hospitals in the Middle East, treating patients from around 175 nationalities. The hospitals, presently located at Dubai, Ajman, Sharjah and Fujairah in the UAE and in Hyderabad – India, are also among the biggest JCI-accredited private academic hospital networks in the region. Thumbay Group’s healthcare division also operates a chain of family clinics (Thumbay Clinic) and multispecialty day care hospitals (Thumbay Hospital Day Care) in the UAE as well as diagnostic labs (Thumbay Labs) and pharmacies (Thumbay Pharmacy) in the UAE and India.

Comments

Muhammed Ali U…
 - 
Thursday, 22 Feb 2018

Masha Allah, great achievement Moideen Saab. To win prestigious Sheikh Khalifa Excellence   awards in a single assessment cycle is highly praiseworthy. Keep the spirit and keep setting and achieving new goals.

Ahmed
 - 
Thursday, 22 Feb 2018

Ma Shaa Allah Mabrook 

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News Network
June 30,2020

Shivamogga, Jun 30: The organic farmers' market in Shivamogga in Karnataka has seen a rise in the demand for organic fruits and vegetables in the midst of the COVID-19 pandemic.

Residents of nearby areas frequently visit the market to get fresh produce.

According to Sridhar, a farmer who sells his produce in the market, the demand for organic fruits and vegetables was very low before the coronavirus outbreak.

"I have been involved in organic farming for the last two decades but there was no real market. Since these days everyone is trying to boost their immunity, we are getting a lot of positive response from the locals," he told news agency.

Sridhar and other farmers come from villages near the city. They are authentic organic farmers under the Vikas Trust and Savayava Krishi Parivar, a federation of organic farmer's families based in Karnataka, and they promote pesticide and fertiliser free agriculture.

Gurumel Singh, who often comes to the local market said, "My family has started eating more organic fruits and vegetable now because of the pandemic. We have been told it is important to take care of our health and organic fruits and vegetables are good immunity boosters. The fruits I buy from the organic market are also much sweeter than the ones I get elsewhere."

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coastaldigest.com news network
May 27,2020

Abu Dhabi-based NMC Healthcare has reportedly received bids to sell its distribution unit and will soon be selling it to different parties.

The development comes over three months after NMC Healthcare’s founder and then-chairman B R Shetty stepped down amid allegations of massive fraud. 

The company, which recently laid off hundreds of workers, is offloading stake in the subsidiary as it is considered non-core and requires substantially high working capital to run the operations. In addition, this stake sale will help the company pay off some of its debt

"There are parties who have strong interest in the distribution business. NMC will be offloading the unit soon and that also to different parties," a source said.

"The company is in the process of exploring options for NMC Trading, the group's distribution business, which it has determined to be non-core and requiring substantial levels of working capital. The process should not materially adversely impact distributors' activities, nor NMC Trading's customers," an NMC Healthcare spokeswoman said.

The UK-court has appointed Alvarez & Marsal as administrator to oversee the operations of the debt-ridden hospital operator. The healthcare firm has been caught in a whirlpool of $6.6 billion debt while its senior former high management team is under investigation for financial irregularities.

The UAE Central Bank has direct local banks to freeze all bank accounts of NMC founder BR Shetty and his family members as well as accounts of those companies where he has a stake. The Central Bank move is subsequent to a criminal complaint filed by Abu Dhabi Commercial Bank, which has the largest exposure to NMC Healthcare, amounting Dh3 billion.

As the company faces financial difficulties, Reuters reported that NMC Health delayed May staff salaries and now expects to complete making payments by the first week of June.

The spokeswoman said: "The company has been in regular dialogue with its creditor constituencies through various creditor committees, including the direct bank lenders to its NMC Trading businesses."

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News Network
April 20,2020

Bengluru, Apr 20: Lockdown restrictions have been extended by a day by the Karnataka government, in an order issued by chief secretary TM Vijay Bhaskar on Sunday.

The order directed all heads of departments, district deputy commissioners and superintendent of policies to "continue to implement the measures presently in force" as per Ministry of Home Affairs guidelines dated April 14, "till the midnight of April 21, 2020."

The MHA guidelines had earlier allowed the state government to relax lockdown norms post-April 20.

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