Richest Indians in the UAE 2018
Mon 26 Nov 2018 02:02 AM
Thumbay Moideen
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Thumbay Moideen

Industry: Healthcare

Company: Thumbay Group

Designation: Founder and president

Wealth: 2.6 Billion

Dr Thumbay Moideen is the leading figure behind the Thumbay Group, a diversified international conglomerate headquartered at DIFC. Starting with the establishment of Thumbay Group in 1998, he has set up business operations in 20 sectors. Today, the group has activities in education, healthcare, medical research, diagnostics, retail pharmacy, health communications, wellness, hospitality, real estate, publishing, technology and medical tourism.

Thumbay Group today employs close to 5,000 people, which is projected to increase to around 25,000 by 2022, with the completion of ongoing and upcoming projects. The Thumbay chain of hospitals, the constituent teaching hospitals of the Gulf Medical University (GMU) are one of the largest healthcare services providers in the UAE, serving patients from over 175 nationalities.

The GMU is one of the leading private medical universities in the region and attracts students from over 80 nationalities. Currently, Thumbay Group is focusing on its strategic plans to grow its businesses tenfold and expand its operations globally.