Facebook says to invest $300 million in journalism
New York, Jan 15: Facebook announced Tuesday that it will invest USD 300 million dollars in various projects related to journalism, especially to promote local news, which has been hit hard in the digital age.
"Over the next three years, we will invest USD 300 million in news programs, partnerships and content," Campbell Brown, Facebook's vice president in charge of global news partnerships, said in a message posted on the social media site.
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Dr. Thumbay Moideen featured in Entrepreneur Middle East 100 NRI’s of the year
Dubai: Dr. Thumbay Moideen, Founder of Thumbay Group has been featured in this year's “The 100 NRIs by Entrepreneur Middle East.”
The annual feature recognises 100 prominent Non-Resident Indian entrepreneurs from diverse fields. Other notable names on the list include Zakariya Jokatte, Ashish Koshy, Deepak Babani, Pankaj Kundr, Faizal E. Kottikollon, Dr. Vivek Oberoi, and Prashant Goenka.
Dr. Thumbay Moideen, son of the late community leader B. Ahmed Haji Mohiudeen, is a prominent alumnus of St. Aloysius College, Mangaluru. He has earned widespread recognition in the UAE and beyond for his contributions to higher education and healthcare. He is also a recipient of the Karnataka State Rajyotsava Award 2025.
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In 1997, Dr. Moideen founded the Thumbay Group, a diversified international conglomerate that has expanded into health education, healthcare services, and medical research. In 1998, he became the first Indian invited by the rulers of Ajman to establish a medical college in the UAE, which has now grown into a university with its own network of hospitals, clinics, medical centers, and pharmacies across the country.
Dr. Moideen’s achievements have been recognised in respected publications, including Forbes Middle East and Arabian Business. He has also received an Honorary Fellowship from the International Medical Sciences Academy (IMSA) and an honorary doctorate from Amity University.
Today, Thumbay Group institutions cater to students and healthcare professionals from over 100 nationalities, contributing to workforce development and research-driven healthcare practices. Dr. Moideen is widely regarded as one of the most influential Non-Resident Indians in the Gulf, a respected voice from the Beary community, and a leading Muslim entrepreneur and educationist.
Over the past decades, he has steered Thumbay Group’s expansion into a multi-sector organisation focusing on academic medicine, research-led healthcare, and global education. His initiatives have created opportunities for thousands of healthcare professionals and students while strengthening healthcare delivery systems and academic collaboration across regions.
