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 21,2024

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Prominent NRI community leader SM Syed Khalilur Rehman, fondly known as CA Khalil, passed away in Dubai on Thursday at the age of 86 after a brief illness.

Khalil had been admitted to Aster Hospital in Mankhool on Tuesday after experiencing severe leg weakness. Despite the best efforts of the medical team, he succumbed to a double heart attack that worsened his condition, his son Rais Ahmed confirmed.

The news of his passing has sent waves of grief across communities, particularly in his hometown of Bhatkal, Karnataka, where he was a celebrated figure. Tributes have been pouring in on social media, highlighting his significant contributions to international trade, social service, and education.

A Legacy of Leadership and Service

A chartered accountant by profession, Khalil was a founding member of the Dubai chapter of the Institute of Chartered Accountants of India (ICAI), where he served as chairman from 1987 to 1994. His illustrious career included key leadership roles, such as general manager of Khaleej Times, group executive director of the Ilyas and Mustafa Galadari Group, and vice-chairman of the Jashanmal Group of Companies.

He also chaired Maadhyama Communications and Sahil Online, a web-based news platform, and was a director and trustee of several media companies and charitable organisations in Dubai and India.

A Champion for Education and Philanthropy

Khalil’s impact extended far beyond his professional achievements. As president and general secretary of Anjuman Hami-e-Muslimeen, he played a pivotal role in the development of educational institutions, including schools and colleges in Bhatkal and surrounding areas. His dedication to social upliftment earned him recognition from the Government of Karnataka, which honoured him with a prestigious award for his philanthropic contributions.

A Life Celebrated

The Bhatkal Muslim Khaleej Council (BMKC) recently released a documentary celebrating Khalil’s remarkable life and service to the community—a testament to his enduring legacy.

CA Khalil is survived by his family and countless admirers across the globe. His passing marks the end of an era for Indian expatriates in the UAE and beyond, leaving behind a legacy of leadership, generosity, and commitment to community service.

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News Network
November 10,2024

tokkottudeath.jpg

Mangaluru: A tragic accident took place on Saturday at Chembugudde near Thokkottu, claiming the life of a 47-year-old woman after a tanker lorry ran over her. The victim, identified as Rahmat H Rashid, was riding pillion with her husband, Abdul Rashid G, on their scooter. 

The couple was traveling from Yenepoya Hospital to Bajpe when the scooter skidded on the poorly maintained road. Rahmat fell onto the road and was fatally struck by a tanker lorry that was coming from behind. Despite being rushed to the hospital, doctors declared her dead upon arrival.

The incident prompted a swift response from the DYFI Ullal Taluk Committee, which staged a protest on Saturday night, condemning the unsafe condition of the road. Nithin Kuthar, president of the committee, criticized MLA and Legislative Assembly Speaker UT Khader for failing to ensure safe infrastructure, despite touting the road as toll-free. 

Kuthar demanded immediate repairs, warning that the committee would march to the MLA’s office with black flags if the road is not fixed within a week.

Former DYFI State President Sunil Kumar Bajal also voiced frustration over the deteriorating condition of Thokkottu market, highlighting the struggles people face while crossing roads riddled with dangerous potholes. In response to public outcry, temporary repairs were made to the road at Chembugudde on Sunday, though locals remain wary and demand a more permanent solution. 

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News Network
November 10,2024

Bengaluru: The Karnataka government has warned that disciplinary action will be taken against those officials who change the land mutation records and serve eviction notices to farmers under the Waqf Act.

In a letter, the Revenue Department Principal Secretary Rajender Kumar Kataria reminded all regional commissioners and deputy commissioners in the districts that Chief Minister Siddaramaiah recently had a meeting following complaints about certain land properties being made in favour of the Karnataka Board of Waqfs.

In the meeting it was decided that all the directions issued previously by any government office or authority to change the mutation records has been withdrawn, the letter said.

It added that all the notices served in the past have also been withdrawn and no action should be taken against the farmers who are cultivating on the said land.

On the directions of the chief minister, the previous letters and the latest reminders served on November 7 to the farmers and land owners have been withdraw, the letter said.

"The officials who served reminder-2 despite the chief minister's direction will face appropriate disciplinary action," Kataria said in his letter.

He said he has been instructed to strictly implement the chief minister's direction.

The fresh direction was issued in poll-bound Karnataka, where bypolls to three crucial assembly segments are due on November 13.

Some farmers in Honwad village in Vijayapura in north Karnataka had alleged last month that they were served eviction notices as the Waqf Board claimed rights over it.

Subsequently, complaints started in pouring in from some other parts of the state.

BJP leader Tejasvi Surya on October 25 alleged that Karnataka Waqf Minister B Z Zameer Ahmed Khan directed the deputy commissioners and revenue officials to register lands in favour of the Waqf Board within 15 days, which resulted in confusion.

On Surya's request, the Chairman of the Joint Committee of Parliament on the Waqf (Amendment) Bill, Jagdambika Pal visited Karnataka on November 7 and met farmers in Hubballi, Vijayapura and Belagavi districts who had alleged that their lands were marked as Waqf properties.

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