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The Gulf Special
12. Dr Azad Moopen
1.31 billion; Healthcare, DM Healthcare
COMMENTS PRINT
Special Issue: The Gulf Special The Gulf Special
The Gulf Special
Arabian Business presents the 50 Richest Indians in West Asia
The Gulf Special
7.2 billion; Industry; Stallion Group
The Gulf Special
4.5 billion; FMCG, IFFCO Group
The Gulf Special
3.6 billion; Construction, RP Group
The Gulf Special
3.3 billion; Healthcare, NMC Healthcare
The Gulf Special
3.21 billion; Retail LuLu Group International
The Gulf Special
3 billion; Banking and finance, Kataria Holdings
The Gulf Special
1.8 billion; Industry, Mulk Holdings
The Gulf Special
1.7 billion; Property, Sobha Group
The Gulf Special
1.5 billion; Retail, Choithrams
The Gulf Special
1.37 billion; Healthcare, VPS Healthcare
The Gulf Special
1.35 billion; Retail, Jashanmal Group
The Gulf Special
1.2 billion; Retail, Jumbo Group
The Gulf Special
995 million; Retail, Rosy Blue Group
The Gulf Special
928 million; Retail, Al Safeer Group
The Gulf Special
905 million; Property, SKAI Holdings
The Gulf Special
828 million; Construction, Danube Group
The Gulf Special
645 million; Retail, Dhamani Jewels
The Gulf Special
640 million; Industry, Khimji Ramdas Group
The Gulf Special
630 million; Banking and finance, House of Patels
The Gulf Special
630 million; Retail, Joyallukkas Group
The Gulf Special
585 million; Retail, Apparel Group
The Gulf Special
550 million; Industry, Palmon Group
The Gulf Special
542 million; Industry, Al Dobowi Group
The Gulf Special
533 million; Industry, Petrochem Middle East
The Gulf Special
520 million; Retail, Regal Group
The Gulf Special
505 million; Healthcare, Thumbay Group
The Gulf Special
490 million; Industry, KEF Holdings
The Gulf Special
470 million; Retail, Marina Home Interiors
The Gulf Special
440 million; Retail, Pure Gold
The Gulf Special
420 million; Healthcare, Zulekha Healthcare
The Gulf Special
420 million; Retail, Al Adil Trading
The Gulf Special
410 million; Retail, Jacky’s Group
The Gulf Special
400 million; Industry, Dodsal Group
The Gulf Special
375 million; Food, Al Kabeer Group
The Gulf Special
370 million; Banking and finance, Al Razouki International Exchange
The Gulf Special
360 million; Retail, Lal’s Group
The Gulf Special
340 million; Industry, Giant Group
The Gulf Special
327 million; Healthcare, Dr Sunny Healthcare group
The Gulf Special
325 million; Hospitality, Ramee Hotels
The Gulf Special
320 million; Retail, Mikura
The Gulf Special
318 million; Industry, Hira Group
The Gulf Special
315 million; Transport, Transworld Group
The Gulf Special
300 million; Industry, geebee group
The Gulf Special
300 million; Industry, MJ Group
The Gulf Special
300 million; Industry, Dana Group
The Gulf Special
300 million; Hospitality, SFC Group
The Gulf Special
290 million; Construction, City Diamond Contracting
The Gulf Special
270 million; Industry, Bhatia Brothers
The Gulf Special
240 million; Property, Rocky Real Estate

The second healthcare mogul in this year’s list, Dr Azad Moopen has overseen DM Healthcare’s expansion from a few small clinics to an empire of hospitals, medical centres and pharmacies across not only most of the GCC countries, but India too. Across its network, DM Healthcare treats a whopping 8 million patients every year.

The Dubai-based firm, founded in 1987, is now one of the region’s largest private healthcare providers.

Under the corporate brand Aster, the group now employs more than 5,000 people. Dr Moopen, who recently turned 60, says that DM Healthcare is looking to expand aggressively not only in the immediate region, but possibly worldwide in the coming years.

Last year, Arabian Business was granted access to detailed statements from Dr Moopen’s company. His 57 per cent stake in the company, which has an enterprise value of around $1.8 billion, forms by far the biggest portion of

his wealth.

He also has a 90 per cent stake in an educational institute in India, as well as personal immovable assets of $50 million.

Altogether, DM Healthcare has a chain of six hospitals in India, and is planning to add six more hospitals to the five it already runs in the Gulf over the next two years.

COMMENTS PRINT
The Gulf Special
Arabian Business presents the 50 Richest Indians in West Asia
The Gulf Special
7.2 billion; Industry; Stallion Group
The Gulf Special
4.5 billion; FMCG, IFFCO Group
The Gulf Special
3.6 billion; Construction, RP Group
The Gulf Special
3.3 billion; Healthcare, NMC Healthcare
The Gulf Special
3.21 billion; Retail LuLu Group International
The Gulf Special
3 billion; Banking and finance, Kataria Holdings
The Gulf Special
1.8 billion; Industry, Mulk Holdings
The Gulf Special
1.7 billion; Property, Sobha Group
The Gulf Special
1.5 billion; Retail, Choithrams
The Gulf Special
1.37 billion; Healthcare, VPS Healthcare
The Gulf Special
1.35 billion; Retail, Jashanmal Group
The Gulf Special
1.2 billion; Retail, Jumbo Group
The Gulf Special
995 million; Retail, Rosy Blue Group
The Gulf Special
928 million; Retail, Al Safeer Group
The Gulf Special
905 million; Property, SKAI Holdings
The Gulf Special
828 million; Construction, Danube Group
The Gulf Special
645 million; Retail, Dhamani Jewels
The Gulf Special
640 million; Industry, Khimji Ramdas Group
The Gulf Special
630 million; Banking and finance, House of Patels
The Gulf Special
630 million; Retail, Joyallukkas Group
The Gulf Special
585 million; Retail, Apparel Group
The Gulf Special
550 million; Industry, Palmon Group
The Gulf Special
542 million; Industry, Al Dobowi Group
The Gulf Special
533 million; Industry, Petrochem Middle East
The Gulf Special
520 million; Retail, Regal Group
The Gulf Special
505 million; Healthcare, Thumbay Group
The Gulf Special
490 million; Industry, KEF Holdings
The Gulf Special
470 million; Retail, Marina Home Interiors
The Gulf Special
440 million; Retail, Pure Gold
The Gulf Special
420 million; Healthcare, Zulekha Healthcare
The Gulf Special
420 million; Retail, Al Adil Trading
The Gulf Special
410 million; Retail, Jacky’s Group
The Gulf Special
400 million; Industry, Dodsal Group
The Gulf Special
375 million; Food, Al Kabeer Group
The Gulf Special
370 million; Banking and finance, Al Razouki International Exchange
The Gulf Special
360 million; Retail, Lal’s Group
The Gulf Special
340 million; Industry, Giant Group
The Gulf Special
327 million; Healthcare, Dr Sunny Healthcare group
The Gulf Special
325 million; Hospitality, Ramee Hotels
The Gulf Special
320 million; Retail, Mikura
The Gulf Special
318 million; Industry, Hira Group
The Gulf Special
315 million; Transport, Transworld Group
The Gulf Special
300 million; Industry, geebee group
The Gulf Special
300 million; Industry, MJ Group
The Gulf Special
300 million; Industry, Dana Group
The Gulf Special
300 million; Hospitality, SFC Group
The Gulf Special
290 million; Construction, City Diamond Contracting
The Gulf Special
270 million; Industry, Bhatia Brothers
The Gulf Special
240 million; Property, Rocky Real Estate
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