Thumbay Moideen featured on the cover of Forbes Middle East

[email protected] (CD Network)
February 4, 2016

Dubai, Feb 4: Mr. Thumbay Moideen, the Founder President of the UAE-based Thumbay Group has been featured on the cover of ‘Forbes Middle East’, one of the top finance and business magazines in the Middle East region. The cover story, titled “Healthy Choice” traces Mr. Thumbay Moideen’s business journey in the UAE starting from setting up the Gulf Medical University (GMU) in Ajman, to emerging as a prominent name in healthcare and medical education by establishing the leading network of academic hospitals in the country and making GMU one of the highest-in-demand private medical universities in the region.

Forbes

The cover story is a detailed account of how Mr. Moideen’s business acumen and confidence leads GMU and the Thumbay network of hospitals on the continuous path of growth and excellence. Forbes Middle East estimates his fortunes at $1.8 billion.

According to the article, GMU gets around 6000 student applications for just around 270 spots, every year. Since 2003, over 2000 students have graduated from GMU and presently, the student body is made up of 36% Arabs, 32% Asians and 22% Africans and the rest from Europe and Asia. It also has 162 faculty members from 22 countries, says the article. 22% of GMU graduates are admitted to US medical schools for further training. “GMU is part of a network of four pioneering teaching hospitals that now train 19% of doctors in the country and treat nearly 1,800 patients a day,” it says.

Mr. Moideen’s foray into healthcare, says the article, started with the setting up of a 200-bed teaching hospital in Ajman, in 2002. Two 60-bed hospitals, one each in Fujairah and Sharjah in 2011, and a 150-bed hospital in Dubai in 2015 followed. The Thumbay Hospital network reached several notches higher with the prestigious JCI accreditation it received in 2013.

The article also talks about Thumbay Group’s future plans such as the upcoming medical school project in Ghana, which is expected to open by 2017. Mentioning the opening of Thumbay Hospital in Hyderabad – India last year, the article goes on to say that Mr. Moideen plans to build hospitals in Saudi Arabia, Qatar, Mumbai and Bengaluru, next year. “He’s become a billionaire with plans to expand elsewhere in the Gulf and Africa,” it says. The article also features Mr. Akbar Moideen Thumbay, his elder son who manages the Healthcare Division of the Group as its Vice-President, while his younger son Mr. Akram Moideen Thumbay is the Director Operations of the Construction & Renovation Division.

From humble beginnings in 1998 when Mr. Thumbay Moideen migrated to the UAE from India, almost two decades since its inception, today, the Thumbay Group under his Presidency has grown into an international business conglomerate headquartered at DIFC-Dubai. Not only has he made a mark as a pioneer in his flagship businesses: education, healthcare and research, but he has also diversified his business across 13 different sectors and has established global presence. With the completion of the ongoing projects, the Group will employ 6000 people in the next two years, which will reach 15,000 employees by the end of 2020.

Comments

Abdul Hameed U…
 - 
Thursday, 4 Feb 2016

Feel proud of Mr.Muhyiddeen Thumbay.

Prof.M.Abubake…
 - 
Thursday, 4 Feb 2016

Congratulations. Sir. May Almighty Allah keep you and your family members with the best health and long life. ameen.

Brother
 - 
Thursday, 4 Feb 2016

Humble Request... to our Rich Thumbay Moideen...
CAN U Visit the POOR of Mangalore & improve the lives of the POOR muslims and non muslims. Who expect U to follow the teachings of Prophet Muhammad to look after the poor just like the rich Sahabas did ? without business purpose. May Allah reward U more.

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News Network
February 17,2020

Bengaluru, Feb 17: A combative ruling BJP is bracing to face the onslaught of the opposition Congress and the Janata Dal-Secular (JD-S) in the year's first legislature session beginning on Monday.

"We are ready to counter the opposition parties on any issue they want to raise or discuss, keeping in view the spirit of fairness in a democratic set-up, as we have the numbers to provide a stable government," party's state unit spokesman G. Madhusudhana told news agency here.

Ahead of the 3-day session, the BJP's legislature party met here under the leadership of Chief Minister B.S. Yediyurappa to chalk out its strategy to address issues, move bills and present the state budget for fiscal 2020-21.

"We hope the Congress and JD-S members will allow Governor Vajubhai Vala to address the joint session of the legislature on Monday and not disrupt his speech or walkout of the House before he concludes to maintain the dignity of his office," Madhusudhana said after the BJP meeting at a private hotel over dinner.

The legislature will resume the month-long budget session on March 2 with a special discussion for two days on the Constitution, markings the 70th year of its adoption and enforcement.

About 100 legislators, including the three Deputy Chief Ministers, the newly sworn-in cabinet ministers, council members and party's state unit members participated in the 2-hour long meeting.

"Yediyurappa, who also holds the Finance portfolio, will present the state budget for fiscal 2020-21 on March 5, which will be the fifth time as the fourth Chief Minister in over a decade," the official said.

Both the Houses will deliberate on the budget proposals and pass it by March 31.

In the 225-member Assembly, including one nominated, the ruling BJP has 117, opposition Congress 68, Janata Dal-Secular (JD-S) 34, Bahujan Samaj Party (BSP) one, Independents 2 and vacant 2.

Buoyed up by winning 12 of the 15 seats in the December 5 assembly by-elections, the party is confident of passing the finance and other bills, as it has the support of 119 members, including 2 Independents in the lower House.

"There is no threat to our government, which will complete the remaining 3-year term of the Assembly till May 2023. Yediyurappa has already won the majority test on July 29, 2019, three days after he took office for the fourth time," Madhusudhana said.

The Congress, however, asserted that it would raise the alleged misuse of police against the opposition members, anti-CAA protestors and minorities.

"We will question the morality of the government in making a tainted legislator like Anand Singh a forest minister when a dozen illegal mining cases are pending in the courts," a Congress official told news agency.

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News Network
March 23,2020

Bengaluru, Mar 23: The Karnataka Government will impose stricter restrictions till March 31 to tackle the spread of COVID-19, Chief Minister B S Yediyurappa said on Monday.

''While all non-essential government establishments will also be closed from today, we are discussing on whether there should be a total shutdown similar to what was in place on Sunday during 'Janata Curfew'. We will take a call on this after discussing this with Opposition leaders by evening,'' he added.

Addressing press persons after a meeting with doctors and experts from private hospitals, the Chief Minister said free food will be served to the poor in Indira Canteens all through the day.

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News Network
June 3,2020

Karwar, Jun 3: The India Meteorological Department (IMD) has issued an alert, predicting thundershowers and heavy rainfall over north interior Karnataka, coastal Dakshina Kannada and Udupi over the next three days.

With Cyclone Nisarga hitting the Uttara Kannada coast on Tuesday,  parts of coastal Karnataka received heavy rainfall. Gusty winds tore through the coastal towns, as the sea too turned violent with rough waves smashing the shore.

The alert was issued with the advancement of Nisarga from east-central Arabian Sea to north Maharashtra, and adjoining south Gujarat coast. “Though it does not cover Karnataka, the range of cyclonic winds is very big and reaches north interior Karnataka also.

So an alert has been called out,” CS Patil, director in-charge, IMD, Bengaluru, said. The weather department has forecast a severe cyclonic storm and then a depression. Patil said formation of systems is a common factor before the onset of the monsoon and they help in its advancement.

“Cyclone Nisarga is helping in the quick advancement of the southwest monsoon to Karnataka, and the monsoon is likely to arrive before the scheduled date as conditions are favourable,” he added.

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