THE THUMBAY Group, a United Arab Emirates – based diversified international business conglomerate, has reached a deal with the government to establish a Gulf Medical University and Teaching Hospital in Accra.
The facility is estimated to cost about $500 million in phases and will employ about 3,000 people.
The Government of Ghana on Friday, February 09, 2018 signed a Memorandum of Understanding (MoU) with the Thumbay Group. The Ministers of Education and Health, Dr Matthew Opoku-Prempeh and Kwaku Agyeman-Manu, respectively signed on behalf of the government while the president of the Thumbay Group, Dr Thumbay Moideen initialed for his outfit.
The deal was sealed following last year’s visit to Dubai by Ghana’s Vice President Dr Mahamudu Bawumia. He witnessed the signing of the MoU at the seat of government – the Flagstaff House, Accra.
Dr Moideen said they settled on Ghana because it is the best English-speaking country in Africa to do business. He was optimistic the projects would help enhance the education and health sectors of Ghana, as well as create jobs.
Thumbay Group has over the past two decades spread its wings of excellence in various fields of social and business endeavours. What started in 1998 with the establishment of the Thumbay Group by its founder, a visionary and third generation entrepreneur from India, Thumbay Moideen, has blossomed into a diversified business group with operations across 20 sectors including Education, Healthcare, Medical Research, Diagnostics, Retail Pharmacy, Health Communications, Retail Opticals and Wellness.
The others are Nutrition Stores, Hospitality, Real Estate, Publishing, Technology, Media, Events, Medical Tourism, Trading and Marketing and Distribution.
With its network of academic hospitals and medical centres, the Thumbay network of hospitals is one of the largest healthcare providers in the region.
All hospitals and clinics under the group provide teaching and training opportunities for the students of Gulf Medical University, Ajman, a leading private medical university of the region owned and operated by the group. Gulf Medical University attracts a student cohort of over 75 nationalities and faculty and staff from over 22 countries.