Middle East

Ajman: Thumbay Moideen in GCC’s 50 richest Indians list

Media Release

Ajman, Feb 12: The UAE is home to a series of influential and rich Indians who have, in their own inimitable style, shaped the way they live, work and do business in this country. Whether these are big businessmen or wedding planners, banking professionals, or sports stars, the individuals on our pages have woven a few threads of their own into the multicultural tapestry of the UAE, each bringing a little bit of India to the way things work here.

There were stories of struggle of two or three years, sometimes even more. With the advantage of hindsight, they are now corporate lore, but for those now in the throes of personal struggles, sans foreknowledge, they are inspirational.

Earlier after being featured amongst the 100 most powerful Indians in the Gulf for two consecutive years 2011 and 2012, this year Thumbay Moideen, founder president of Thumbay Group has been featured in the first ever listing of 50 richest Indians in the GCC which was exclusively compiled and published by Arabian Business on February 10, 2013.

Moideen believes that the best way to learn is through travel and by meeting people. “Visiting new places, dealing with different cultures, understanding their way of doing business and lifestyle adds to one’s personality,” he explains.

The list of 50 richest Indians in the GCC also shows that Indians are playing a vital role in boardrooms of both International and local banking and retail sectors operating in the region.  But, if anything, the Arabian Business Rich List shows just how far the Indian diaspora has become enmeshed in Gulf Society with the region’s 2.5 million expatriates working in every sector imaginable.

The vision of Thumbay Group is to be one of the biggest corporates with a global presence in the next seven years.

Comment on this article

  • Haroon Rasheed, mangalore/riyadh/k s a

    Thu, Feb 14 2013

    congratulation sir inshalla hopefully no 1 ,

    DisAgree Agree [1] Reply Report Abuse

  • Mohamed Ali Uchil, Abu Dhabi

    Wed, Feb 13 2013

    Really a great pleasure to hear this news, and Congratulations to Mr.Tumbay Moidin on being featured in the “GCC's 50 richest Indians List” . I take this opportunity to express my compliments and wishing him a best in all his future endeavors. He is a dynamic businessman with human touch, a humble gentleman by all nature, He not only confine his service to his Business interest, but supported the weak and downtrodden in the society, whenever and wherever it needed. Let the society benefit from his achievements, and use his boundless energy to serve the Society we live in.
    Let Allah bless him and his Family and help him to fulfill his vision.

    DisAgree Agree [3] Reply Report Abuse


    Tue, Feb 12 2013

    Sir,congragulations,wish you all the best in future.


    DisAgree Agree [7] Reply Report Abuse

  • Shodhan Prasad, Attavar/Dubai

    Tue, Feb 12 2013

    Congratulations Sir and I always salute your simplicity and good work. May God bless you with all the best of health, wealth and happiness.

    DisAgree Agree [7] Reply Report Abuse

  • Jim A Dsouza , Mangalore

    Tue, Feb 12 2013

    congrts, Best of Luck

    DisAgree Agree [5] Reply Report Abuse

  • Muhammed Sadik Thumbe, Mangalore

    Tue, Feb 12 2013

    You always fulfill the expectations of the people around you. We expected your success and here you have made it! Congrats!

    DisAgree Agree [9] Reply Report Abuse

  • Royston Prabhu, KSA

    Tue, Feb 12 2013

    Congratulations and wish you all sucess in future.

    DisAgree Agree [12] Reply Report Abuse

  • Parvez , Mangalore/Riyadh

    Tue, Feb 12 2013

    Hope to see No.1 in a very near future.

    DisAgree [3] Agree [10] Reply Report Abuse

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