B R Shetty, Thumbay Moideen among 100 most powerful Indians in Gulf; Yusuffali MA tops the list for fourth year

[email protected] (CD Network)
October 6, 2013

Dubai/Mangalore, Oct 6: For the fourth successive year, Yusuffali MA, an Abu Dhabi-based businessman of Kerala origin has emerged as the most powerful Indian businessman in the Gulf Cooperation Council (GCC) countries in a '100 most powerful Indians' list announced by Arabian Business magazine.

Mr Yusuffali, who owns the Lulu Hypermarkets chain of stores, took the top slot ahead of food giant Feroz Allana.

The GCC comprises Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates (UAE).

This year's list also featured a record 11 female entries. UAE-based medical professional and entrepreneur Zulekha Daud secured 20th position in the list. Dubai-based Jumbo Group chairperson Vidya Chhabria ranked 39th.

The list was propped up by Geebee Group boss GB Jethwani in 100th place.

"The contribution of the Indian community to the growth of the GCC has been nothing short of spectacular, and everyone on this list has played and continues to play a major part in that story," Arabian business editor Ed Attwood said in a statement.

A gala dinner is being held on October 28 at The Conrad Hotel in Dubai to celebrate the list, with Indian cricket legend Sunil Gavaskar appearing as the guest of honour.

Mangalorean achievers

NRIs
Like previous year, two well-known Mangalorean achievers also have secured top positions in this list.  Dr B R Shetty, a healthcare boss and owner of UAE exchange, came fourth, while Thumbay Moideen, the founder president of Thumbay Group ranked 28th in the list.

Born in a Bunt family to Shambhu Shetty and Koosamma Shetty in 1942 in undivided Dakshina Kannada district, Dr B R Shetty currently is the Chief Executive Officer & Managing Director of the Abu Dhabi based New Medical Centre Group of Companies and UAE Exchange. The company when established in 1975 was initially interested in hospitals and hospitality, but since then has diversified into sectors including pharmaceuticals, global financial services, retail, advertising and Information technology.

Dr Shetty arrived in the UAE in 1973. As a trained pharmacist he quickly spotted an opportunity in the country's healthcare sector and in 1n the UAE following the acquisition of the National Hospital in Abu Dhabi. Today, it has hospitals and clinics across the Emirates and treats more than one million patients a year.

In addition to its hospitals and clinics the NMC Group has a string of diversified business interests covering financial services, trading in pharmaceuticals, education and advertising.

He is considering opening hospitals in Saudi Arabia and Qatar, with further expansion across the MENA region once political stability returns.

Rightly called as the “Man from Ajman who can”, Thumbay Moideen was plucked from the timber and construction industry to set up the Gulf Medical University in Ajman in the mid-1990s. Nowadays, the group employs more than 1,500 staff, and is hoping to hire more than 7,000 in the next five years.

Born to Ahamed Hajee Mohiudeen and Bee Fathima Ahmed Hajee couple on March, 23, 1957, in the town of Thumbay near Mangalore, Mr Moideen took to business at the young age of 21 years, and demonstrated his business acumen right from the beginning. Handling the mantle of the large business house established by his father in 1957, he took the businesses to great heights within a few years.

He is the Founder President of Thumbay Group. Established in 1997, the U.A.E. based Thumbay Group initially evolved as a major healthcare player in the region and has since ventured into Education, Healthcare, Research, Diagnostics, Insurance services, Health Communications, Trading, Retail, Hospitality, Real Estate and Publishing.

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News Network
November 29,2025

DKSsiddu.jpg

New Delhi: Karnataka chief minister Siddaramaiah and deputy CM DK Shivakumar on Saturday put up a dramatic display of unity at a closely watched joint press briefing, firmly dismissing weeks of speculation about a power-sharing tussle within the Congress. With the high command nudging both leaders to sit together and settle the dust, the meeting became a political spectacle, ending with the duo declaring that there was “no confusion, no differences.”

Calling the reports of a rift “manufactured confusion,” Siddaramaiah said the talks had gone smoothly, even joking about their breakfast. “Breakfast was very good. All three of us enjoyed it,” he said. “We want to end this confusion once and for all. For local elections and for 2028, our mission is clear — Congress must return to power. There is no difference between me and DKS, not now, not before.”

He blamed the media for fuelling rumours and reiterated absolute adherence to the party leadership. “From tomorrow, let there be no confusion. What the high command says, we will follow.”

Siddaramaiah also assured that the Assembly session starting December 8 would run smoothly and vowed that Congress would take on the BJP and JD(S) “together.”

Shivakumar echoed the chief minister word for word, stressing loyalty and discipline. “People have given us a massive mandate. It is our duty to deliver,” he said. “This government was formed under Siddaramaiah’s leadership. We both have complete trust in the high command. If they tell me to wait, I will wait.”

He added that the two leaders had discussed strategy for the 2028 Assembly elections. “Whatever the CM says, I agree. We are loyal soldiers of the party. The party may be facing challenges nationally, but we will keep it strong in Karnataka.”

Shivakumar also said Siddaramaiah would soon visit his home for lunch or dinner — another symbolic gesture meant to underline their unity.

Both leaders later posted on social media describing the breakfast meeting as “productive” and focused on “Karnataka’s priorities.”

The BJP, however, rejected the show of camaraderie as “pure bunkum,” accusing Congress of trying to paper over an internal power struggle. But Siddaramaiah and Shivakumar insisted their united front would continue — and that there was “no confusion” within the state leadership.

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News Network
December 2,2025

Puttur: The long-cherished dream of a government medical college in Puttur has moved a decisive step closer to reality, with the Karnataka State Finance Department granting its official approval for the construction of a new 300-bed hospital.

Puttur MLA Ashok Kumar Rai announced the crucial development to reporters on Monday, confirming that the official communication from the finance department was issued on November 27. This 300-bed facility is intended to be the cornerstone for the establishment of the government medical college, a project announced in the state budget.

Fast-Track Implementation

The MLA outlined an aggressive timeline for the project:

•    A Detailed Project Report (DPR) for the hospital is expected to be ready within 45 days.

•    The tender process for the construction will be completed within two months.

Following the completion of the tender process, Chief Minister Siddaramaiah is scheduled to lay the foundation stone for the project.

"Setting up a medical college in Puttur is a historical decision by the Congress government in Karnataka," Rai stated. The project has an estimated budget allocation of Rs 1,000 crore for the medical college.

Focus on Medical Education Department

The MLA highlighted a key strategic move: requesting the government to implement the hospital construction through the Medical Education Department instead of the Health and Family Welfare Department. This is intended to streamline the entire process of establishing the full medical college, ensuring the facilities—including labs, operation theatres, and other necessary infrastructure—adhere to the strict guidelines set by the Medical Council of India (MCI). The proposed site for the project is in Bannur.

Rai also took the opportunity to address political criticism, stating that the government has fulfilled its promise despite "apprehensions" and "mocking and criticising" from opposition parties who had failed to take similar initiatives when they were in power. "Chief Minister Siddaramaiah has kept his word," he added.

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News Network
December 7,2025

Mangaluru, Dec 7: A 34-year-old fruit and vegetable trader in Mangaluru has reportedly lost ₹33.1 lakh after falling victim to an online investment scam run through a fake mobile app.

Police said the scam began in September, when the victim received a link on Facebook. Clicking it connected him to a WhatsApp number, where an unidentified person introduced a high-return investment scheme and instructed him to download an app.

To build trust, the fraudster asked him to invest ₹30,000 on September 24. The trader soon received ₹34,000 as “profit,” convincing him the scheme was genuine. Over the next two months, he transferred money in multiple instalments via Google Pay and IMPS to different scanner codes and bank accounts shared by the scammers. Between September 24 and December 3, he ended up sending a total of ₹33.1 lakh.

When he later requested a refund of his investment and promised returns, the scammers demanded additional payments, claiming he needed to pay a “service tax” first. Even after he paid a small amount, no money was returned, and the scammers continued pressuring him for more.

A case has been registered at the CEN Crime Police Station.

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