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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Udupi: A delegation of the High Court Bench Struggle Committee met and submitted a petition to the Karnataka High Court Chief Justice Vibhu Bakhru at the Circuit House urging the opening of a High Court Bench in the coastal belt as well as a Mobile High Court Bench in Mangaluru.
MLC and convener of the Committee Ivan D’Souza, who spoke to the Chief Justice on the occasion, explained that the people of the coastal belt find it difficult to travel to Bengaluru to fight a petition in the High Court. The problem only aggravated during monsoon. D’Souza added that there was a delay in clearing the cases of Udupi, Chikkamagaluru and Kodagu districts, which was causing further inconvenience to the people.
The MLC, who pointed out that Chief Minister Siddaramaiah had also shown his preference for establishing a High Court Bench in the coastal region, requested for an approval to establish a Mobile High Court Bench first.
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Responding to this request, Chief Justice Bakhru assured to take action on the request as soon as possible.
The delegation included Mangalore Bar Association President Raghavendra HV, Dakshina Kannada Principal Government Pleader MP Noronha, General Secretary Sridhar H, Udupi Bar Association President Reynold Praveen Kumar, General Secretary Chandrashekhar Shetty, Vice-president Devadas V Shettigar and Brahmavar Bar Association President Kadoor Praveen Shetty.
