Dr. Thumbay Moideen Features on the Cover of Forbes Middle East Healthcare Issue
Mangaluru: Dr. Thumbay Moideen, the Founder president of Dubai-based diversified global conglomerate Thumbay Group has been featured on the cover of the latest issue of Forbes Middle East released on 31st March 2018; a ‘Healthcare’ special issue. Forbes ME, one of the most widely read business magazines in the region introduces Dr. Thumbay Moideen as the founder of the “iconic” Thumbay Group who, as he prepares to celebrate his 20th anniversary, “has no intention of slowing down,” referring to the strategic global expansion of the group.
Titled “A Health Odyssey,” the cover story traces Dr. Thumbay Moideen’s journey to becoming one of the most admired businessmen in the region, right from the time he established Thumbay Group with the region’s first and only private medical university in Ajman – the Gulf Medical University in 1998, followed by his foray into 20 sectors of business including healthcare, research, real estate, wellness, hospitality, retail etc.
Answering questions on the growth of his core sectors, Dr. Thumbay Moideen reveals that Thumbay Group’s Gulf Medical University (GMU) attracts students from over 80 nationalities and faculty/staff from 25+ nationalities. “GMU and the Thumbay academic hospital network together train close to 20% of the doctors and around 60% of the healthcare professionals in the UAE. The fact that Thumbay Hospitals are teaching hospitals gives us a competitive advantage—it ensures that our hospitals have highly qualified and experienced doctors, as well as cutting-edge technology and equipment,” he explains the USP of Thumbay Group’s education and healthcare divisions, revealing that the hospital network with presence throughout the UAE and in Hyderabad-India, treats patients from over 175 countries.
Dr. Thumbay Moideen describes ‘diversification’ as one of the group’s key strategies. The group today has businesses in 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. He also talks about Thumbay Group’s pioneering role in the UAE’s medical tourism industry.
He mentions the growth of Artificial Intelligence (AI) as one of the most exciting innovations for the future, adding that Thumbay Technologies is venturing into partnerships with leading AI providers to explore and develop innovation in medical education and healthcare.
Talking about the strategic vision plan of Thumbay Group, Dr. Thumbay Moideen says, “We are going through an important phase of expansion, both in size and global presence, in accordance with our long-term strategic plans. This will expand the size of the group’s businesses tenfold and raise the size of our workforce to 25,000. We plan to increase the capacity of the Thumbay academic hospital network to 1,000 beds in the U.A.E., 1,500 beds in India and 750 beds elsewhere in the Gulf and in Africa. GMU is soon going to be adding engineering and management courses, and plans are afoot to open three new university campuses across three different countries.”
By 2022, Thyumbay Group also plans to add 25 more Thumbay labs, 100 Thumbay pharmacies, 40 Zo & Mo Opticals outlets, 100 Blends & Brews coffee shops, 25 Body & Soul health clubs and 50 Nutri Plus Vita stores, according to Dr. Thumbay Moideen.
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Bank account in Ramgarh tracked for fraudulent fund transactions across 24 states, 4 arrested
Ramgarh (Jharkhand) (PTI): Jharkhand police on Thursday said it has unearthed a network of interstate cyber frauds and arrested four miscreants for fraudulent transactions through a bank account in Ramgarh district after complaints of 274 suspected transactions in 24 states.
The states where complaints for fraudulent transactions were registered included Maharashtra, Karnataka, West Bengal, Uttar Pradesh, Telangana, Tamil Nadu, Kerala and Andhra Pradesh.
The action followed inputs received through 'Samanvaya portal', a centralised, web-based platform launched by the Union Home Ministry to curb cybercrime.
"We arrested four cyber miscreants after a current account with Kuju (Ramgarh) branch of the State Bank of India was found to have registered suspected financial transactions in 24 states with the help of the Pratibimba portal of the Home Ministry through the Samanvaya portal," Ramgarh Superintendent of Police Mukesh Kumar Lunayat said.
During the probe, police found that the account was opened under the MSME Udyam Registration scheme in the name of Shree Ganesh Enterprises, he said.
The account had been linked to as many as 274 complaints from different states related to cyber fraud and illegal fund transfers.
The registered proprietors of the enterprise were identified as Rahul Gupta (37), Ravi Kumar Verma (34), and Ajay Sharma (33), all residents of Ramgarh district, a statement from the Ramgarh police said.
During interrogation, Rahul Gupta and Ravi Kumar Verma revealed that they had opened multiple current accounts at the behest of Ritesh Agrawal alias Munna (40) and Sonu Kumar Jha (34).
They admitted receiving Rs 1.2 lakh in exchange for facilitating the opening of these accounts.
"The accused further confessed to sharing OTPs, activating mobile banking services, and handing over control of the accounts to the main operators through WhatsApp and Telegram groups. These accounts were then allegedly used to route fraudulent transactions.
Police said mobile data analysis of the accused led to the recovery of crucial digital evidence, including details of SIM cards, bank accounts, passbooks, ATM cards, QR code scanners, Aadhaar cards, and PAN cards shared through messaging platforms.
A total of four accused have been arrested so far and sent to judicial custody.
A case has been registered at the Cyber Crime Police Station under relevant sections of the Bharatiya Nyaya Sanhita (BNS) 2023 and Sections 66C and 66D of the Information Technology Act, 2000.
Further investigation is underway, the police said.
