Dr. Thumbay Moideen honored with 'Gulf Karnataka Ratna' Award at Gulf Karnatakotsava
Dubai (UAE): (Press Release) In a testament to extraordinary achievements and contributions, Dr. Thumbay Moideen was bestowed with the 'Gulf Karnataka Ratna' Award, emphasizing his leadership in healthcare delivery and medical education. Notably, Dr. Moideen holds the distinction of being the only Indian in the world to own and operate the biggest private medical university outside India. This recognition reflects his dedication to enhancing healthcare and nurturing the future of medical professionals. Alongside him, 20 other distinguished businessmen were also honored for their remarkable contributions at the festivities of the Gulf Karnatakotsava- the United Arab Emirates' most prominent platform for celebrating business excellence and recognizing the remarkable contributions of Karnataka's businessmen in the Gulf region.
The award was presented by the esteemed Chief Guest, His Highness Sheikh Mohammed Maktoum Juma Al Maktoum, a Member of the Royal Family of Dubai and the Chairman of MBM Group to Dr. Thumbay Moideen.
In 1997, Dr. Thumbay Moideen founded the Thumbay Group in 1997, which has grown from a private medical college to a prominent conglomerate in medical education, healthcare delivery research, diagnostics, pharmacies, and hospitality sectors. With over 110 locations across seven emirates, the group partners with over 70 institutions.
Speaking about receiving the award, Dr. Thumbay Moideen, founder president, Thumbay Group stated, “I am grateful to God Almighty, the support of the Rulers and the government, and my own sincere team. This recognition will inspire me to do more in driving positive change."
Beyond business excellence, Dr. Moideen has been an ardent advocate for the importance of healthcare accessibility and quality education globally. His philanthropic efforts have reached communities in need, providing medical services and educational opportunities to those who would otherwise lack access.
The Gulf Karnataka Ratna Award is a testament to Dr. Thumbay Moideen's commitment to improving the well-being of people and his dedication to nurturing the future leaders of the medical field.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
Iran war halts Marathwada turmeric exports, prices drop in domestic market
Chhatrapati Sambhajinagar (PTI): The ongoing conflict between the US, Israel and Iran has halted turmeric exports from Maharashtra’s Marathwada region, causing domestic prices to crash from Rs 16,500 to Rs 13,000 per quintal.
Shiv Sena MLC Hemant Patil on Tuesday said that turmeric cultivated in Marathwada is exported to the Gulf and African countries, but the war that broke out last month has halted exports completely.
Turmeric is a cash crop cultivated in nearly 2 lakh acres in Hingoli district, and the Vasmat variety received a Geographical Identification (GI) tag in 2024.
Containers of turmeric from Hingoli and adjoining regions are shipped out of the country from Tamil Nadu and Kerala after processing, said Patil, who also heads the Balasaheb Thackeray Turmeric Research and Training Centre in Hingoli.
"Hingoli, Nanded, Wardha, Parbhani, Yavatmal and Washim are the turmeric belts in Marathwada. These districts produce nearly 25 lakh tonnes of the crop. The land under turmeric cultivation in Hingoli district alone is around 2 lakh hectares," he said.
Prakash Soni, a turmeric trader from Hingoli, said the Iran war has not only completely halted the exports, but the price of the produce in the domestic market has also taken a hit.
"Before the war, turmeric was being sold at Rs 16,500 per quintal. The price has now reached Rs 13,000. The price will drop further if the war continues," he said.
According to data from the Ministry of Commerce and Industry, India exported turmeric worth USD 341.54 million in 2024-25, with Maharashtra alone accounting for USD 155.35 million.
The produce was exported to Bangladesh, the UAE, the US, Malaysia and Morocco.
