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Thumbay Group
Thumbay Group is a UAE-based diversified international business conglomerate, headquartered in DIFC - Dubai, with operations across 20 sectors 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, and distribution. The group is headed by Dr. Thumbay Moideen, who is the Founder and President. Thumbay Group is the owner of Gulf Medical University and chain of Thumbay Hospitals and Clinics. History In 1998, Dr. Thumbay Moideen was the first expatriate to be invited by the Rulers of Ajman to start a medical college in the UAE. Thumbay Group's first venture Gulf Medical University was established to meet the needs of students wishing to pursue higher education in medicine and healthcare sciences. This ultimately became a destination for medical education—not only for local students, bu ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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United Arab Emirates
The United Arab Emirates (UAE; ar, اَلْإِمَارَات الْعَرَبِيَة الْمُتَحِدَة ), or simply the Emirates ( ar, الِْإمَارَات ), is a country in Western Asia (The Middle East). It is located at the eastern end of the Arabian Peninsula and shares borders with Oman and Saudi Arabia, while having maritime borders in the Persian Gulf with Qatar and Iran. Abu Dhabi is the nation's capital, while Dubai, the most populous city, is an international hub. The United Arab Emirates is an elective monarchy formed from a federation of seven emirates, consisting of Abu Dhabi (the capital), Ajman, Dubai, Fujairah, Ras Al Khaimah, Sharjah and Umm Al Quwain. Each emirate is governed by an emir and together the emirs form the Federal Supreme Council. The members of the Federal Supreme Council elect a president and vice president from among their members. In practice, the emir of Abu Dhabi serves as president while the ruler of Dubai is vice pre ...
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Thumbay Moideen
Dr. Thumbay Moideen (born March 23, 1957) is an Indian businessman based in Dubai, United Arab Emirates. He is the founder and president of the Thumbay Group, a diversified international business conglomerate headquartered in the Dubai International Financial Centre, with operations across 20 sectors. Early years Dr. Moideen was born on 23 March 1957 in Mangalore, India to Ahamed Hajee Mohiudeen and his wife Bee Fathima Ahmed Hajee. A third generation entrepreneur from a well-known business family from Mangalore, at age of 21 years Dr. Moideen took over the reins of the business house established by his father. Career Dr. Moideen brought the family business to the Persian Gulf with the launch of the Thumbay Group, UAE (United Arab Emirates) in 1998. He was the first expatriate to be invited by the rulers of Ajman to start a medical institution in the UAE. Thus, the Gulf Medical University was established, which ultimately became a destination for medical education for stu ...
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Entrepreneur
Entrepreneurship is the creation or extraction of economic value. With this definition, entrepreneurship is viewed as change, generally entailing risk beyond what is normally encountered in starting a business, which may include other values than simply economic ones. An entrepreneur is an individual who creates and/or invests in one or more businesses, bearing most of the risks and enjoying most of the rewards.The process of setting up a business is known as entrepreneurship. The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures. More narrow definitions have described entrepreneurship as the process of designing, launching and running a new business, which is often similar to a small business, or as the "capacity and willingness to develop, organize and manage a business venture along with any of its risks to make a profit." The people who create these businesses are often referred to as entrepreneurs. While de ...
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President (corporate Title)
A president is a leader of an organization, company, community, club, trade union, university or other group. The relationship between a president and a chief executive officer varies, depending on the structure of the specific organization. In a similar vein to a chief operating officer, the title of corporate president as a separate position (as opposed to being combined with a "C-suite" designation, such as "president and chief executive officer" or "president and chief operating officer") is also loosely defined; the president is usually the legally recognized highest rank of corporate officer, ranking above the various vice presidents (including senior vice president and executive vice president), but on its own generally considered subordinate, in practice, to the CEO. The powers of a president vary widely across organizations and such powers come from specific authorization in the bylaws like ''Robert's Rules of Order'' (e.g. the president can make an "executive decision" on ...
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Vice President - Healthcare
A vice is a practice, behaviour, or Habit (psychology), habit generally considered immorality, immoral, sinful, crime, criminal, rude, taboo, depraved, degrading, deviant or perverted in the associated society. In more minor usage, vice can refer to a fault, a negative character trait, a defect, an infirmity, or a bad or unhealthy habit. Vices are usually associated with a transgression in a person's character or temperament rather than their morality. Synonyms for vice include fault, sin, depravity, iniquity, wickedness, and corruption. The antonym of vice is virtue. Etymology The modern English term that best captures its original meaning is the word ''vicious'', which means "full of vice". In this sense, the word ''vice'' comes from the Latin word ''Glossary of ancient Roman religion#vitium, vitium'', meaning "failing or defect". Law enforcement Depending on the country or jurisdiction, vice crimes may or may not be treated as a separate category in the criminal codes. Ev ...
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