Dr. Thumbay Moideen, the founder president of Thumbay Group is set to receive an honorary doctorate from Mangalore University at its 42nd annual convocation on June 15. This recognition adds to his numerous accolades and underscores his contributions to business, healthcare, and education.

Dr. Thumbay Moideen, born on March 23, 1957, in Mangalore, India, is a third-generation entrepreneur hailing from a prominent business family. He took over the family business established by his father and expanded it into a global enterprise. As the founder and president of the Thumbay Group, a diversified international business conglomerate headquartered in the Dubai International Financial Centre, Dr. Moideen has overseen the group's expansion into 20 sectors. The Thumbay Group employs over 15,000 people in the UAE and has been recognized by Forbes Middle East as one of "The Top Indian Business Leaders in The Arab World."

Dr. Moideen's influence extends beyond business. He serves as the Chief Patron of several organizations, including the Ajman Indian Association, Indian Business Council in Ajman, Beary’s Association in Dubai, and Karnataka Sangha in Sharjah. He is also the president of the Asian Hospital Federation's UAE region, a member of the International Hospital Federation in Ferney Voltaire, France, and a member of the International Association of University Presidents.

The Thumbay Foundation, under Dr. Moideen's leadership, supports numerous charitable activities in healthcare and education. The foundation provides scholarships, grants, bursaries, awards, fellowships, endowments, and donations, helping students pursue education and training across various institutions.

Dr. Moideen's contributions to medical education, trade, industry, and socio-economic development have earned him numerous accolades. He was awarded an Honorary Doctorate at the Annual Convocation of Amity University, Dubai. Additionally, he received the 'Gulf Karnataka Ratna' Award, highlighting his leadership in healthcare delivery and medical education. Remarkably, Dr. Moideen is the only Indian in the world to own and operate the largest private medical university outside India.

In 2022, Dr. Moideen was honored with the ‘Vishwa Manya’ award by the Maharaja of Mysore, Yaduveer Krishnadatta Chamaraja Wadiyar, and Anand Guruji. He has also featured on the cover of Forbes Middle East in a special 'Healthcare' issue released on March 31, 2018. Forbes introduced him as the founder of the “iconic” Thumbay Group, noting his ongoing commitment to global expansion. In 2016, he was honored with the 'Global Leader' award at the NDTV Gulf Indian Excellence Awards.

Dr. Moideen's journey began at the young age of 21 when he took charge of the business established by his father, Dr. B. Ahamed Hajee Mohiudeen, a prominent entrepreneur and community leader. His grandfather, Yenepoya Moideen Kunhi, also inspired him. In 1998, Dr. Moideen founded the Thumbay Group in the UAE. Under his dynamic leadership, the group has achieved tremendous growth, providing livelihoods to hundreds of families over the past decade.

Today, the Thumbay Group operates across 20 sectors, including education, healthcare, medical research, diagnostics, retail pharmacy, health communications, retail optical, wellness, nutrition stores, hospitality, real estate, publishing, technology, media, events, medical tourism, trading, and marketing & distribution. The group employs over 15,000 people and its Thumbay chain of hospitals, which are teaching hospitals of the Gulf Medical University (GMU), serve patients from over 175 nationalities. GMU is one of the leading private medical universities in the region, attracting students from over 80 nationalities. Dr. Moideen continues to focus on strategic plans to grow Thumbay Group's businesses tenfold and expand its operations globally.

Dr. Thumbay Moideen's story is one of vision, dynamism, and determination to succeed. Recognized in India and beyond for his achievements, his name has become synonymous with professionalism and a positive approach. Through his leadership, Thumbay Group has not only grown into a diversified international conglomerate but has also contributed to the fields of healthcare and education, earning Dr. Moideen a well-deserved reputation as a global leader.

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Jeddah (Saudi Arabia) (PTI): India batter Shreyas Iyer became the most expensive player in the history of IPL as Punjab Kings broke the bank to buy him for Rs 26.75 crore in the tournament's mega auction here on Sunday.

Iyer surpassed the record held by Australian pacer Mitchell Starc, who was bought by Kolkata Knight Riders for Rs 24.75 crore in the last auction.

Among others, Left-arm seamer Arshdeep Singh's consistency earned him a massive bid of Rs 18 crore, also from Punjab Kings via the Right to Match card, while South African speedster Kagiso Rabada was bought for Rs 10.75 crore by Gujarat Titans.

Iyer, the former Kolkata Knight Riders captain, started with a base price of Rs two crore.

Delhi Capitals had the bid at Rs 26 crore for him but PBKS raised the amount to get the player.

Chennai Super Kings started with the first bid for Arshdeep, whose base price was also Rs two crore.

Eventually, after an intense bidding war, the seamer was bought back by Punjab, who exercised the right to match option to complete the deal, having released him earlier.

This is the second time an IPL auction is being held outside the country after last year's event in Dubai.