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
April 26,2020

Mangaluru, Apr 26: Yet another covid-19 positive case has been reported from Bantwal taluk of Dakshina Kannada district. 

Health and Family Welfare Department's latest bulletin revealed that a 47-year-old woman from Panemangaluru in Bantwal was tested positive for the coronavirus. 

With this the total number of covid-19 infected people in Dakshina Kannada rose to 19 out of which 7 are from Bantwal taluk. 

According to sources, this woman was working as a sweeper in a private hospital in the city where a coronavirus victim from Bantwal was being treated before she was shifted to covid-19 hospital.

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News Network
January 10,2020

Bengaluru, Jan 10: Education technology company Byju’s is learnt to have raised $200 million in a funding round from Tiger Global Management, which has valued the Bengaluru-based start-up at around $8 billion, making it the third-largest unicorn (start-up valued over $1 billion) in the country.

With this, the Byju Raveendran-founded company has seen over 50 per cent jump in its valuation in just around nine months. In March 2019, Byju’s was valued $5.4 billion, when it raised around $31 million from General Atlantic, and Chinese investment giant Tencent.

At the current valuation, Byju’s has now replaced home-grown cab-hailing major Ola as the third-largest unicorn, next only to Paytm and OYO, which are valued around $16 billion and $10 billion, respectively.

Byju’s confirmed the transaction through a press statement, though the company declined to share any specific details of the deal. Tiger Global could not be immediately reached for its comments.

“We are happy to partner with a strong investor like Tiger Global Management. They share our sense of purpose and this partnership will advance our long-term vision of creating an impact by changing the way students learn,” said Raveendran. “This partnership is both a validation of the impact created by us so far and a vote of confidence for our long-term vision.”

This is Tiger Global’s first investment in the edutech space in India after Vendantu, an online tutoring platform, where it, along with WestBridge Capital, led a $42-million round in August.

An early backer of India’s internet growth story, the New York-headquartered Tiger Global has been a prolific investor in the Indian start-up space. Its portfolio in the country ranges from consumer focused e-commerce companies that are vital for the growth of the sector, such as Flipkart, Delhivery, Grofers, Quikr and PolicyBazaar, to mention a few.

After tasting success with Flipkart, one of its earliest investments, where it had pumped in around $1 billion, the PE major is now doubling down its focus on the Indian start-up space, under its new investment head Scott Shleifer.

Shleifer, who set up international private equity practice for Tiger Global, is said to be as aggressive deal maker like his predecessor Lee Fixel, who left the investment firm in March. Since then, Tiger has also invested in a host of technology-focused companies in diverse sectors including Ninjacart, CRED, NoBroker and Facilio to mention a few.

“Byju’s has emerged as the leader in the Indian education-tech sector. They are pioneering technology shaping the future of learning for millions of school students in India,” Shleifer was quoted in the press statement issued by the edutech firm.

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coastaldigest.com news network
February 16,2020

Mangaluru, Feb 16: A 45 year-old man committed suicide by jumping into Netravati River from the bridge near Thokkottu along with his six-year-old son in the early hours of Sunday here, police said.

The deceased have been identified as Gopalkrishna Rai and his son Aneesh Rai, residents of Baltila in Bantwal.

According to the police, Gopalkrishna along with his wife Ashwini Rai and son had come to Konaje for a family programme. At about 4:30 a.m. he came to the bridge with his son, left a suicide note and jumped into the river.

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