Ajman (Press Release): A high-profile delegation from Shahid Beheshti University of Medical Sciences, Iran, headed by Dr. Alireza Zali, President of the institute visited Thumbay Medicity (Ajman) on May 25, 2023. The visit aimed at a providing a platform for meaningful engagement and laying the groundwork for long-term knowledge sharing collaborations that can benefit both the entities.

The delegation was received by Dr. Thumbay Moideen, Founder President – Thumbay Group, Akbar Moideen Thumbay, Vice President –Thumbay Healthcare and other senior dignitaries of the management. To begin with, the guests were provided a tour of the facilities, including Gulf Medical University University’s educational and research facilities, Thumbay Rehabilitation Hospital, Thumbay Dental Hospital and Thumbay University Hospital- to showcase the infrastructure, resources, and capabilities to the visiting delegation. It allowed the delegation to gain a firsthand understanding of the operations and the environment in which medication education and healthcare takes place. They were, furthermore, presented with a video outlining Thumbay Group’s activities in medical education, healthcare, research and other sectors, as well as an overview of the ongoing and upcoming expansion projects.

Thanking Thumbay Group’s leadership for the reception, Dr. Alireza Zali, President, Shahid Beheshti University of Medical Sciences, said that the delegation was very impressed with the facilities at Thumbay Medicity, the quality of the academic curriculum imparted and the emphasis on innovation and the overall healthcare facilities at Thumbay Group. “What we saw when we walked around the Thumbay Medicity; the vision of the University, the direction that the group aspires to take is really impressive. We can see that Gulf Medical University has a very clear strategy of how to move ahead. This meeting can be considered as an auspicious one for us as we have signed a memorandum of understanding with Gulf Medical University to discuss new gateways for bilateral cooperation on common goals such as web based education, online education, exploring potential research collaborations, sharing expertise in medication education strategies, discussing policy frameworks, and further identifying areas of mutual interest for future cooperation,” he said.

The delegates also appreciated Gulf Medical University‘s efforts to establish a full-fledged Academic Health System; a first in the private sector in the region.

Thanking the delegates for their visit, Dr. Thumbay Moideen stated that Thumbay Group hopes to establish a strong relationship with healthcare institutions in Iran, to benefit from the country’s accomplishments in the field. Elaborating further, he said, “Thumbay Group has set out a three-year strategy to increase business by three folds, setting new benchmarks in healthcare and education, reinforcing its commitment to create a conducive environment for students and knowledge exchange. We are also glad to sign the MoU with Shahid Beheshti University of Medical Sciences, as it strengthens our commitment to advancing medication education through global partnerships and the pursuit of knowledge sharing opportunities.”

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New Delhi: A fresh application has been submitted to the Supreme Court of India, seeking the inclusion of key documents related to the recent US indictment of the Adani Group. Filed by advocate Vishal Tiwari, the petition aims to introduce two critical pieces of evidence into an ongoing case related to the Adani Group's financial practices.

The first document is a formal US court indictment accusing Gautam Adani, his relative Sagar Adani, and other company executives of orchestrating a massive bribery scheme to secure solar energy contracts worth billions of dollars in India. The indictment alleges that over $250 million in bribes were paid to Indian government officials to obtain these lucrative contracts.

The second document is a complaint from the US Securities and Exchange Commission (SEC), which accuses the Adani Group of securities fraud. The SEC alleges that Adani executives misled investors to raise funds for these solar projects, despite knowing that part of the capital was linked to corrupt activities.

This development follows the US Attorney's Office's recent charges against the Adani executives, who are accused of masterminding a bribery scheme to secure power supply contracts with state-run utilities in India. The contracts were expected to yield up to $2 billion in profits over two decades.

These charges come amid an ongoing investigation by India's Securities and Exchange Board (SEBI) into the Adani Group, after allegations of stock manipulation and market irregularities surfaced, particularly following the release of the Hindenburg Report in early 2023. The new US legal documents could play a crucial role in strengthening the investigation into the Adani Group's business operations.