Company: Thumbay Group
By 1997, Thumbay Moideen had been travelling to the UAE on business for five years. A third-generation businessman, he was well aware of the Gulf state’s growing acumen for money-making opportunities.
But it was not until a chance meeting with the ruler of Ajman, Sheikh Humaid Bin Rashid Al Nuaimi, that the middle-aged father of two decided it was time to move.
“It was an accidental meeting with His Highness,” Moideen told us last year.
That meeting resulted in Moideen setting up the Gulf Medical University. Nowadays, the group employs more than 1,500 staff, and is hoping to hire more than 7,000 in the next five years.