Forbes Middle East

11. Thumbay Moideen

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Founder President

COMPANY: Thumbay Group

SECTOR: Diversifie­d

Since founding the Thumbay Group in 1998, Moideen has ventured into multiple areas of the healthcare sector, including health education and medical research. The Thumbay University Hospital in Ajman, which was built at a cost of over $272 million, can treat more than 20,000 patients daily. The group plans to increase its hospital network to 15 by 2022 with around 1,000 beds in the U.A.E., 1,500 in India, and 1,000 across other parts of the GCC and Africa. The group also has interests in diagnostic­s, pharmacies, communicat­ions, real estate, publishing, technology, medical tourism, and trading.

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