2013's most powerful Indians in Science and healthcare
BR Shetty, chairman, NMC Group --- Dr Shetty is pretty much an institution in his own right having created one of the UAE’s best known medical outfits. And it just keeps on growing. He is considering opening hospitals in Saudi Arabia and Qatar, with further expansion across the MENA region once political stability returns. In an interview with Arabian Business last year, the chairman of the group said the company could use cash generated from the business, or else it has the option of bond issuances and additional loans. “In about three years’ time, we plan to open one hospital in Doha and one in Saudi. In Saudi they give the land but also give some money. We have been approached by so many people, but we don’t have anything planned yet. When the political situation improves we might look at the MENA region,” he said.
A few months after buying FRHI Hotels & Resorts from investors including Qatar Investment Authority and Kingdom Holding, AccorHotels CEO Sébastien Bazin denies the hotel management firm is growing too fast. In fact, he intends to pick up the pace – especially in the GCC.