DM Group

Azad Moopen

The story continues for Azad Moopen, founder and chairman of DM Healthcare, who is looking at listing one of the UAE’s biggest private healthcare providers in the next two to three years. He’s also in the middle of financing a $300m expansion drive across the Gulf, with a similar amount set aside for growth into India. It’s all a far cry from 1987, when Moopen came to Dubai and set up his own clinic.

Over the next 20 years, he established a chain of healthcare facilities across Asia and the Gulf, under DM Healthcare (Dr Moopen Healthcare), which today employs about 2,000 people in the Gulf, and serves more than three million patients a year.

Elsewhere, DM Healthcare is also working on a project to provide 3,100 hospital beds in Kerala via eight different projects. One of the project is Aster Medcity, a hi-tech healthcare destination being developed in over 40 acres of land in Kochi.

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100 most powerful Indians in the Gulf

Rank Name Industry Designation Company
1 Yussuffali MA Yussuffali MA Retail Managing director EMKE Group
2 Raghuvinder Kataria Raghuvinder Kataria Telecoms Chairman Kataria Holdings
3 Feroz Allana Feroz Allana Consumer Goods Founder IFFCO
4 Ravi Pillai Ravi Pillai Industry Chairman RP Group of Companies
5 Micky Jagtiani Micky Jagtiani Retail Founder Landmark Group
6 Sanjiv Mehta Sanjiv Mehta Consumer Goods Chairman Unilever
7 Ajay Bindroo Ajay Bindroo Consumer Goods Group CEO Super-max Group
8 V Shankar V Shankar Banking CEO Standard Chartered
9 Harshad Mehta Harshad Mehta Retail Chairman Rosy Blue Group
10 BR Shetty BR Shetty Healthcare Chairman NMC Group
11 Sunny Varkey Sunny Varkey Education Chairman GEMS Education
12 Ramesh Prabhakar Ramesh Prabhakar Retail Rivoli Group
13 Yogesh Mehta Yogesh Mehta Energy Managing director Petrochem ME
14 Gulu Wamey Gulu Wamey Hospitality Trustee Zuma
15 Rizwan Sajan Rizwan Sajan Industry Chairman Danube
16 K Kumar K Kumar Culture Chairman Indian Community Welfare Committee
17 Vishal Tikku Vishal Tikku Consumer Goods Managing director Kraft Foods
18 Vasu Shroff Vasu Shroff Retail Chairman Regal Group
19 Tony Jashanmal Tony Jashanmal Retail Executive director Jashanmal Group
20 Sunil John Sunil John Media ASDA’A Burson-Marsteller
21 Kabir Mulchandani Kabir Mulchandani Real Estate CEO SKAI Holdings
22 PNC Menon PNC Menon Real Estate Chairman Sobha Developers
23 Vidya Chhabria Vidya Chhabria Retail Chairperson Jumbo Group
24 Mukund Cairae Mukund Cairae Media CEO Zee TV
25 Surya Subramanian Surya Subramanian Banking Chief financial officer Emirates NBD
26 Ram Menen Ram Menen Transport Divisional senior vice president cargo Emirates SkyCargo
27 Avishesha Bhojani Avishesha Bhojani Media Group CEO Bates PanGulf
28 R Padukumar R Padukumar Healthcare Medical director Doctor
29 Shashank Srivastava Shashank Srivastava Banking CEO QFCA
30 Sania Mirza Sania Mirza Sport Tennis Player
31 Hitesh Bodani Hitesh Bodani Banking Chairman Bond Investment Group
32 Maghanmal Pancholia Maghanmal Pancholia Retail Chairman Arabian Trading Agency
33 Mohan Valrani Mohan Valrani Industry Vice chairman Al Shirawi Group
34 Dananjay Datar Dananjay Datar Retail Managing director Al Adil Group
35 P Mohamed Ali P Mohamed Ali Construction Vice chairman Galfar
36 Firoz Merchant Firoz Merchant Retail Chairman Pure Gold
37 Abdullah Ajmal Abdullah Ajmal Retail General manager Ajmal Perfumes
38 Jayant Ganwani Jayant Ganwani Retail Director Lal's Group
39 Azad Moopen Azad Moopen Healthcare Chairman DM Group
40 Yuvraj Narayan Yuvraj Narayan Transport Chief financial officer DP World
41 Zulekha Daud Zulekha Daud Healthcare Founder ZHC
42 GB Jethwani GB Jethwani Industry Chairman Geebee Group
43 Tidu Maini Tidu Maini Science Executive chairman Qatar Science & Technology Park
44 Nilesh Ved Nilesh Ved Retail Founder Apparel
45 JR Gangaramani JR Gangaramani Construction President Al Faraa
46 Thumbay Moideen Thumbay Moideen Education President Thumbay Group
47 L T Pagarani L T Pagarani Retail Chairman Choithram
48 Vijay Malhotra Vijay Malhotra Banking Chairman and CEO KPMG
49 Deepak Babani Deepak Babani Retail CEO Eros Group
50 R Seetharaman R Seetharaman Banking CEO Doha Bank
51 SK Pathak SK Pathak Industry Founder Al Basti & Muktha Group
52 KV Shamsudeen KV Shamsudeen Culture Chairman Pravasi Bharatiya Welfare Trust
53 Dr Shamsheer Dr Shamsheer Healthcare Managing director Lifeline Hospital Group
54 K Venkata Rama Moorthy K Venkata Rama Moorthy Banking GM and chief executive Bank of Baroda
55 Faisal Kottikollon Faisal Kottikollon Industry CEO KEF Holdings
56 CK Menon CK Menon Industry Chairman and managing director Behzad Group
57 Asgar Shakoor Patel Asgar Shakoor Patel Transport Group chairman House of Patels
58 Dr Promod Dr Promod Healthcare Ophthalmologist City Hospital
59 Pankaj Agrawal Pankaj Agrawal Chairman and founding member Banking Signature Group
60 Santosh Joseph Santosh Joseph Real Estate CEO Dubai Pearl
61 Ranjeev Menon Ranjeev Menon Transport CEO Gulf Warehousing Company
62 Lachmandas Pagarani Lachmandas Pagarani Retail Chairman Al Maya Group
63 Khimji Family Khimji Family Industry Founders Khimji Ramdas
64 Majid Uzzin Kazi Majid Uzzin Kazi Healthcare Former director Royal Clinic
65 Mohan Nambiar Mohan Nambiar Media CEO MEC MENA
66 Dilip Rahulan Dilip Rahulan Industry Executive chairman Pacific Controls
67 Mustafa Vazayil Mustafa Vazayil Managing director Managing director Gargash Insurance
68 Malini Gulrajani Malini Gulrajani Culture Founder and owner 1x1 Art Gallery
69 Vineet Bhatia Vineet Bhatia hospitality Chef Indego by Vineet
70 Paras Shahdadpuri Paras Shahdadpuri Retail Chairman Nikai Group
71 Jayshree Gupta Jayshree Gupta Law Senior adviser DLA Piper
72 Sara Belhasa Sara Belhasa Retail Vice chairperson Belhasa Group
73 Gulshan Kavarana Gulshan Kavarana Director Culture Special Families Support Group
74 K Rajaram K Rajaram Retail CEO Al Naboodah Motors
75 Mohamed Dadabhai Mohamed Dadabhai Construction Chairman Dadabhai Group
76 Talib Majwal Talib Majwal Healthcare Heart surgeon The City Hospital — Dubai
77 Deepak Arora Deepak Arora Construction CEO City Diamond Contracting
78 Ramesh Ramakrishnan Ramesh Ramakrishnan Transport Chairman Transworld
79 Rajeev Kakar Rajeev Kakar Banking CEO Dunia Finance
80 Mushtaq Shaikh Mushtaq Shaikh Retail Managing director Lobo Tailors
81 Prashant Gulati Prashant Gulati Banking Angel investor and CEO Optimistix Ventures
82 Kamal Puri Kamal Puri Education President Skyline University College
83 Ashok Aram Ashok Aram Banking CEO Deutsche Bank
84 Poonam Bhojani Poonam Bhojani Education CEO Innoventures Education
85 KM Noordeen KM Noordeen Industry General manager Ocean Rubber
86 Ashish Mehta Ashish Mehta Law Lawyer Ashish Mehta & Associates
87 Joy Alukkas Joy Alukkas Retail Owner Joyalukkas Group
88 Ram Buxani Ram Buxani Retail Director ITL-Cosmos Group
89 Hassan Chougle Hassan Chougle Chairman Retail Emad Group of Companies
90 Suddesh Aggarwal Suddesh Aggarwal Industry Chairman Giant Group
91 Ashok Khanna Ashok Khanna Retail CEO Al Tayer Motors
92 Ajay Bhatia Ajay Bhatia Industry Chairman Bhatia Brothers
93 Suresh Subberwal Suresh Subberwal Consumer Goods Chairman Al Kabeer Group
94 Khurshid Vakil Khurshid Vakil Retail Founder Marina Home Interiors
95 Mahendra Patel Mahendra Patel Construction Group managing director GEAP International
96 Sundar Menon Sundar Menon Energy Chairman Sun Group of Companies
97 Dr. Tejinder Singh Dr. Tejinder Singh Technology Managing Director & CEO BPO+ (Formerly Spanco Golden Key Solutions)
98 Rishi Kapoor Rishi Kapoor Banking CFO Investcorp
99 Bharat Thakur Bharat Thakur Culture Founder Artistic Yoga centres
100 Ayesha Depala Ayesha Depala Retail Fashion designer