Thumbay Group ranks among ‘Top 50 private companies in the UAE’
Dubai, Dec 31: Thumbay Group, the Dubai-based global conglomerate with diversified businesses, has been ranked in the list of ‘Top 50 private companies in the UAE’ published by Forbes Middle East.
The list was compiled on the basis of the number of employees in the company, the number of countries they operate in, the type of businesses as well as the number of sectors they operate in and the age of the company.
The list is a part of Forbes Middle East’s first ‘UAE 100 ranking’, recognizing companies that have played a key role in making the country the thriving business center that it is today. Thumbay Group ranks 29 in the list.
Dr. Thumbay Moideen, Founder President of Thumbay Group, said that the top ranking achieved by the company was recognition of its sustainable growth and diversification. “This recognition comes at a time when Thumbay Group has embarked on a new phase of growth and global expansion, aiming to increase the size of our businesses at least 10 times, strengthening our global presence, and expanding the employee strength to 25,000, by 2023, according to our strategic plans," Dr Thumbay Moideen said.
He further informed, "2018 also marked the 20th year of Thumbay Group’s success, growing from a single company to a diversified international conglomerate with business activities across 20 sectors.”
Established by Dr. Thumbay Moideen in 1998, today Thumbay Group is a diversified international business conglomerate headquartered in Dubai, with presence across 20 sectors of business including Education, Healthcare, Medical Research, Diagnostics, Retail Pharmacy, Health Communications, Retail Opticals, Wellness, Nutrition Stores, Hospitality, Real Estate, Publishing, Technology, Media, Events, Medical Tourism, Trading and Marketing & Distribution.
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England sticking with Key, McCullum and Stokes despite Ashes humbling
London (AP): England is not sacking anybody following the 4-1 Ashes loss in Australia.
A review of the tour by the England and Wales Cricket Board, announced within hours of the final match in January, was concluded on Monday. Firing people would “be the easy thing to do,” ECB chief executive Richard Gould said but he insisted, "This is not the time to throw everything out."
Managing director Rob Key, coach Brendon McCullum and captain Ben Stokes kept their jobs after the best England side to go to Australia in 14 years lost the Ashes in 11 days with two games to spare.
“Moving people on can sometimes be the easy thing to do. That's not the route that we're going to take,” Gould said. “I've seen the driving ambition and determination that we're lucky enough to have within our leadership group to take the lessons from the Ashes and move forward.”
Gould previously was the chief executive of Bristol City soccer club and said the ECB would not follow the same route as soccer's hire-and-fire culture.
“Cricket is a very unique sport in that it takes a team of leadership ... it's not like football where there's a single point of failure or success with a manager," he said. He added the ECB would not “select or deselect management based on a popularity campaign.”
The main criticisms of England's tour were poor preparation, player misbehavior, and selection mistakes.
At a press conference at Lord's, Gould and Key said McCullum and Stokes have not had a “bust up,” they did not want McCullum to “completely change” but “to evolve,” the behavior of some players was “unprofessional,” there will be more consequences for underperforming, and a commitment to “better long-term planning” ahead of major test series.
Some changes were already implemented for the Twenty20 World Cup, where England reached the semifinals. Gould implied that performance saved McCullum.
Key acknowledged that England supporters would be disappointed to see the management team go unpunished.
“I know people want punishment and that people then should be sacked for that,” Key said. “That doesn't mean we don't feel like we've gone through some serious pain: Brendon, myself, Ben. It's been as tough a time as I think I've had.”
