6.BR Shetty
Founder and CEO, NMC Health
Healthcare
$2.7bn
Mergers and acquisitions specialist BR Shetty has been hard at work last year. Fresh from the $1bn takeover of exchange giant Travelex, Shetty has also just signed off the purchase of a 51 percent fertility firm Fakih IVF via his healthcare firm, NMC Health. But Shetty is pretty much an institution in his own right having created one of the UAE’s best-known medical outfits. He is considering opening hospitals in Saudi Arabia and Qatar, with further expansion across the MENA region once political stability returns. Shetty arrived in Abu Dhabi in 1973, establishing New Medical Centre (NMC) two years later. He also quickly set up UAE Exchange, which accounts for 12 percent of all remittances to India. Shetty was awarded the Pravasi Bharatiya Samman in 2007, and the Padma Shri in 2009 for his services to trade and industry.
Founder and CEO, NMC Health
Healthcare
$2.7bn
Mergers and acquisitions specialist BR Shetty has been hard at work last year. Fresh from the $1bn takeover of exchange giant Travelex, Shetty has also just signed off the purchase of a 51 percent fertility firm Fakih IVF via his healthcare firm, NMC Health. But Shetty is pretty much an institution in his own right having created one of the UAE’s best-known medical outfits. He is considering opening hospitals in Saudi Arabia and Qatar, with further expansion across the MENA region once political stability returns. Shetty arrived in Abu Dhabi in 1973, establishing New Medical Centre (NMC) two years later. He also quickly set up UAE Exchange, which accounts for 12 percent of all remittances to India. Shetty was awarded the Pravasi Bharatiya Samman in 2007, and the Padma Shri in 2009 for his services to trade and industry.
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