Olympus Capital Asia

DUBAI – Wednesday, June 26, 2013: Padma Shri Dr. Azad Moopen, Chairman and Managing Director of DM Healthcare, the leading healthcare conglomerate with operations across the GCC and India, has been ranked in the first 10 influential entrepreneurs of Forbes Middle East ‘Top 100 Indian Leaders in the UAE’.

The doctor-turned-entrepreneur, Dr. Moopen has been named as the 6th most powerful Indian leader in the UAE in the inaugural edition of the top 100 Indian power list, which was instituted recently by Forbes ME to honor the success of these exceptional Indian personalities, recognizing their contribution in public life, society, communities and especially in business.

The most coveted recognition has been presented to Dr. Moopen on June 25 evening by HE Shashi Tharoor, Indian Minister of State for Human Resource Development at a prestigious awards evening hosted by Forbes ME at The Oberoi, Business Bay, Dubai. Other guests of honor at the ceremony were Ambassador of India to the UAE MK Lokesh and Dr. Nasser Bin Aqeel Al Tayyar, President of Arab Publisher House, the publishers of Forbes Middle East. The audience included some of India's and the Middle East's leading figures from the private, corporate, public and government spheres.

Forbes Middle East honored the successful Indian entrepreneurs, who have consistently delivered excellence and raised benchmarks in the region’s business world. The entrepreneurial individuals hailing from India are responsible for some of the most successful UAE-based enterprises in operation today, with their impact reaching far across the GCC.

”The ranking is the result of in-depth research and analysis into Indian professionals residing and/operating business in the UAE,” Forbes ME said in a statement. Commenting on being positioned among the top 10 in the Forbes power list, Dr. Azad Moopen said, “I am proud of being ranked in the top of the power list by the prestigious Forbes title. I am deeply grateful to them, and I consider this ranking as an honor to the entire Indian diaspora who are dedicated, sincere, peace loving and hardworking people with high intellectual capacity.”                      “I dedicate this honor to my team of around 10,000 employees, working across the GCC and India, who help me touch the lives of over 7 million patients a year, and provide care to more than 20,000 patients per day through the DM Healthcare’s network of more than 150 establishments that provide primary, secondary and tertiary care,” he added.

For the work he has already done to bring health care to the poorest of Indians, Dr. Moopen was awarded the Pravasi Bharatiya Samman Award, the highest honor for Indians living abroad, in 2010. In recognition of his social services, the Government of India conferred the country’s third highest civilian honor, Padma Shri on the NRI doctor-turned-entrepreneur and philanthropist in the year 2011, and the Arab Health Conference honored him in the year 2010 for his outstanding contributions as an individual to the healthcare industry in the Middle East. Dr. Azad was honoured by the Govt. of Kerala in 2009 with the Best Doctor Award. Dr. Azad Moopen is also on the board for NORKA to voice the challenges and concerns of non-resident Keralites, who contribute a large proportion of their earnings in the form of foreign remittances to the State economy.

The Dubai-headquartered DM Healthcare Group is today one of the Gulf’s largest of its kind healthcare services provider in the private sector, having operations in 5 GCC countries and India, offering a diverse and comprehensive set of healthcare offerings. Consolidated under the brands ACCESS, ASTER, MEDCARE, WIMS, ASTER MedCity and MIMS, the Group covers an array of healthcare verticals including hospitals, clinics, diagnostics and pharmacies. DM Healthcare has been recognized as among the Emerging Champion Companies of the World by the World Economic Forum.

Dr. Azad Moopen founded the Group in 1987 and developed it from a few small clinics to a conglomerate of the largest chain of hospitals, medical centers and pharmacies functional across the region and the subcontinent. The company has recently celebrated its silver jubilee with the launch of its ‘Care Beyond Boundaries' initiative as part of the celebrations.

Dr. Azad Moopen also was a founder of the leading tertiary care, 600-bed super-specialty hospital the Malabar Institute of Medical Sciences (MIMS) in Kozhikode and 150-bed satellite hospital in Kottakkal, Kerala. The Group is currently developing ASTER MedCity, a world class hi-tech quaternary care hospital in Kochi, built across 1 km long waterfront on 40 acres of land. Dr. Moopen is also currently setting up DM-WIMS (Wynad Institute of Medical Sciences), the first medical college campus in India designed on ‘green building’ concepts in a resort ambience, offering on-campus living and recreational facilities in a scenic and serene backdrop. DM Healthcare also operates healthcare facilities in Delhi, Kolhapur, Pune and Nasik in India, in addition to its GCC presence.

In the next ten to fifteen years, DM Healthcare Group aims to be a global player, rather than a regional player. The whole strategy of the Group is, not just to be in the Middle East and India, but to spread its wings onto several other geographies. Dr. Moopen effectively combined professional and management excellence with philanthropic activities to create one of the fastest growing healthcare chains in the Middle East and India. In addition to health care, Dr. Moopen has taken an interest in education and established 3 international schools in Saudi Arabia another 3 international standard schools at Calicut, Kerala. He has also plans to start a chain of schools in other parts of Kerala, and in the UAE.

 Apart from the delivery of healthcare, DM Healthcare extends all possible support to reach out the mass engaging in philanthropic activities and contributing towards the development of the communities within which the Group operates. The Group’s not-for-profit initiatives are routed through the umbrella of Dr. Moopen’s Foundation, which involves in various health campaigns and philanthropic activities in line with the ‘Healing Touch’ program, under the banner of “Giving Back Initiative (GBI)” in the Gulf Countries, India and the Philippines. The undertakings of the Group are guided by the maxim of ‘Care Beyond Boundaries’, in collaboration with local governmental bodies.
Dr. Azad Moopen has committed 20% of his wealth, and time for this cause in the coming years, involving in philanthropic activities under Dr. Moopen’s Foundation and Charities and in tandem with sister organizations like MIMS Charitable Trust and Social Advancement Foundation of India.

About DM Healthcare

DM Healthcare is a healthcare group in the Middle East and India. Founded in 1987 by Padma Shri Dr Azad Moopen, a doctor turned entrepreneur, DM Healthcare is recognized as the largest private healthcare provider in the GCC region, with over 150 network units consisting of hospitals, medical centers, clinics, diagnostic centers and pharmacies, providing primary, secondary and tertiary healthcare with management and consultancy services.

Its six brands -- ASTER, Medcare, Access, MIMS, WIMS and ASTER MedCity -- are repositories of consumer trust across the GCC and India. The Group touches the lives of over 7 million patients a year, providing care to more than 20,000 patients per day. DM Healthcare provides healthcare of the highest quality in the geographies they operate in.

The Group with remarkable turnover is in the midst of an exponential expansion in the GCC and India with the number of units set to grow to 300 by the year 2017 with investments of $600m across Middle East and India.

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For more information, please contact:

Mohamed Sohel
Asst. Manager-P.R. & Admin
DM Healthcare LLC, P.O. Box: 8703,
Dubai, UAE.
Dir: +971 4 4546044,
Email: sohel@dmhealthcare.com