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
November 4,2024

In a tragic turn of events, a young spectator lost his life during a bull-taming event, Kobbari Hori, at Chigalli in Mundgod taluk, Uttara Kannada, on Saturday. 

Parameshwar Siddappa Harijan, aged 22, was fatally gored by a marauding bull during the event, which had drawn large crowds as part of the Deepavali festival celebrations.

With thousands of spectators lining the path to witness the action, the event took a horrific turn when the bull charged directly at Parameshwar, inflicting severe injuries. 

Despite efforts to rush him to the hospital, Parameshwar tragically succumbed to his wounds on the way.

In response to the fatal accident, another bull-taming event scheduled for the evening in Mundgod town was promptly cancelled, as shock and grief swept through the community following the heartbreaking incident.

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News Network
October 31,2024

Bengaluru: Karnataka Chief Minister Siddaramaiah on Thursday alleged that BJP was raking up the "Waqf issue" with an eye on the upcoming assembly by-polls in the state and elections in neighboring Maharashtra.

Following allegations by a section of farmers in certain parts of the state that their lands were marked as Waqf properties, he reiterated that none of them will be evicted, and notices issued to them will be withdrawn.

"BJP is doing politics. Notices were issued during their (BJP) tenure too, what do they have to say about it? During BJP's tenure over 200 notices were given. One should not practice such dual politics," Siddaramaiah said.

Speaking to reporters here, the CM said, "I have already said that the notices will be withdrawn, where is the issue? In case the notices are issued they will be withdrawn and no one will be evicted, where is the issue?" "Whichever district it is...They (BJP) had also given notices in several districts. Why did they give? Why are they doing such politics? In case notices were served by our government, they will be withdrawn and no farmers will not be evicted....the protest they have planned on November 4 is for politics keeping in mind by-polls in three segments and Maharashtra elections," he added.

A section of farmers from Vijayapura district have alleged that their lands were marked as Waqf properties, and similar allegations have surfaced from a few other places.

The BJP is planning a statewide agitation on November 4, demanding the resignation of Minority Welfare and Waqf Minister B Z Zameer Ahamed Khan, and against the Congress government over the issue.

Accusing the BJP of only doing politics and and not speaking the truth, Siddaramaiah said, "they only speak lies, they make issue out of non issue. Is there any issue in MUDA (site allotment case, in which he is accused and facing probe)? They wanted to make a non issue, an issue." Channapatna, Shiggaon and Sandur Assembly segments will go for by-polls on November 13.

The CM said he will go for campaigning in three assembly segments that will go for bypolls, from November 4 to 11.

He expressed confidence about Congress winning all the three segments.

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News Network
November 3,2024

Mangaluru, Nov 3: Mangaluru police have apprehended two individuals connected to a major online purchasing scam, seizing assets worth ₹11.45 lakh. The suspects, Raj Kumar Meena (23) and Subhash Gurjar (27), hail from Rajasthan and are accused of fraudulently acquiring high-value electronics through deceptive orders.

Background of the Case

According to City Police Commissioner Anupam Agrawal, the case began with a fraudulent order placed through an international e-commerce company. Using a false identity under the name "Amrith," the suspects ordered two high-end Sony cameras along with ten other items, directing the delivery to an address near the KSRTC bus stand in Mangaluru on September 21 at 4 p.m.

The Scam Unfolds

During delivery, Raj Kumar Meena received the items by providing a delivery OTP, while Subhash Gurjar reportedly distracted the delivery personnel. The suspects then executed a sticker-swapping tactic, replacing original Sony camera box labels with stickers from other items in the order to mislead the delivery team. Meena also intentionally provided an incorrect OTP, causing further confusion. The duo told the delivery agent they would collect the cameras the next day, then sent him away before cancelling the camera order.

Detection and Arrest

The unusual activity raised suspicions, and upon inspection, Amazon’s delivery partner, Mahindra Logistics, discovered the sticker swap and alerted Amazon. Subsequent investigations revealed that the suspects had taken the genuine cameras and left behind tampered boxes.

Upon deeper investigation, CCTV footage and other tracking methods led the police to identify and pursue the suspects as they attempted to flee the city. Meena was initially detained by the Salem police on October 4 for a similar scam and subsequently transferred to Urwa police custody in Mangaluru. Following his 13-day custody beginning on October 18, which included a thorough probe in both Mangaluru and Jaipur, Subhash Gurjar was apprehended on October 21.

Broader Criminal Network

The arrested individuals are allegedly part of a larger network, with involvement in at least 12 other high-profile cases. Their targets included high-end cameras, iPhones, and laptops, each costing over ₹10 lakh, with cases registered across states like Assam, Odisha, Maharashtra, Rajasthan, Telangana, Uttar Pradesh, Tamil Nadu, and Kerala.

The seized assets, valued at ₹11.45 lakh, have been presented to the court as evidence, and investigations continue as authorities seek to dismantle this organized fraud operation.

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