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UAE Healthcare Giant Valued at $2.6 Billion
27 Jul
Summary
- Thumbay Group, a UAE healthcare enterprise, is valued at USD 2.6 billion.
- Founded in 1997, it operates in healthcare, education, and real estate.
- The group has served over 19 million patients from 175 nationalities.
Thumbay Group, a prominent integrated healthcare and medical education enterprise in the UAE, currently holds a valuation of USD 2.6 billion. Its operations span diverse sectors including healthcare, medical education, research, diagnostics, wellness, and real estate. The group's foundation was laid in 1997 with Gulf Medical College, which has since evolved into Gulf Medical University, recognized as the top private medical university in the Gulf.
This academic healthcare ecosystem includes teaching hospitals, specialty clinics, and research institutions, having treated over 19 million patients globally. Thumbay Group is actively expanding with new projects like Thumbay Medicity Dubai, expected to generate 1,000 jobs, and specialized facilities in Sharjah and Ajman. These developments underscore the growing demand for comprehensive healthcare infrastructure across the Gulf region.
Founder President Dr. Thumbay Moideen's leadership has garnered international acclaim, including multiple honorary doctorates, and recognition as an influential business leader. The group's strategic integration of medical education, patient care, research, and allied services positions it as a key player in the ongoing healthcare transformation in the UAE and beyond.