News & Events
Forbes - Middle East's Billionaires of 2019. Dr. B. R. Shetty featured in the list of Indian Billionaires in the Middle East.
Dr. B. R. Shetty addressing the media about the inaugural edition of the Global NRI Summit to be held in Dubai on April 5, 2019.
Five Indian expats in UAE have been named in the Forbes' Billionaires list for 2019. Dr. BR Shetty is one amongst them.
Businessmen and entrepreneurs in the UAE have said that they would "definitely apply" for the long-term visa, the regulatory framework of which was adopted by the Cabinet on Monday. The country's residency departments will now start receiving applications for the long-term visa permits, the UAE Vice-President announced.
UAE Based Indian billionaire BR Shetty is expanding his healthcare franchise in India by setting up multi-speciality hospitals in Udupi, Karanataka and Thiruvananthapuram in Kerala with an investment outlay of Rs 600 Crore.
NMC Group Founder Dr BR Shetty showed interest to expand its humanitarian activities and healthcare services in Bangladesh based on company’s policy- ‘free treatment, quality, affordability and ethical practice’.
UAE-based payments and foreign exchange firm Finablr, the parent company of UAE Exchange, will launch an initial public offering (IPO) next month, its founder and chairman said. "The Finablr IPO will happen in March and it will be listed on the London bourse. However, we don't know the size of the IPO. We expect a very good response because we have a very good track record," B.R. Shetty said on the sidelines of a conference in Dubai.
An additional 13 acres of land has been donated towards setting up parking facilities for the upcoming BAPS Hindu temple in Abu Dhabi, announced Pujya Brahmaviharidas, principal in-charge of the construction of the Hindu mandir. The Government of Abu Dhabi has also identified an additional 10 acres for a period of four years to stage pre-construction activities such as storage of building materials. The temple will be constructed on 13.5 acres of land, donated by His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces.
With just eight dollars (Dh29) in his pocket, a dream to succeed and his mother’s blessings, Dr. B.R. Shetty first set foot in Abu Dhabi on May 3 ,1973. Many people know him, but for those who don't, Dr. Shetty is the founder and chairman of New Medical Centre (NMC), as well as the ubiquitous UAE Exchange, Finablr, Neopharma and BRS Ventures. He is a multi-billionaire non-resident Indian (NRI) who has dedicated a large part of his life building an empire of healthcare facilities and other companies in the country.
Dr. B. R. Shetty recounting his unforgettable meeting with the founding father of the UAE.
Dr. BR Shetty has been featured in the latest edition of the Arabian Business magazine. The cover story called ‘Stars of 2018’ features individuals who created waves in the Arab world in 2018.
For the very first time Fortune Magazine has come out with a special feature on the most successful NRI’s from the UAE in its Fortune 500 edition. This is the most awaited issue for the year. This list includes exciting and inspiring stories, mostly rags to riches, of NRIs rise to fame with some finding entry into the exclusive Billionaires List of reputed international publications. Dr. B. R. Shetty has been featured here amongst other icons of UAE like Yousuf Ali, Dr. Shamsheer Vayalil, PNC Menon, and Rizwan Sajan.
This is the amazing journey of a man who decided to carve his footprints in the sands of time… literally and figuratively. It was a tough expedition because land was hitherto an unexplored destination and the risks the lone ranger took were unprecedented. But like all great men, he threw the fear of failure to the winds and never gave up till he succeeded.
Finablr, financial services firm owned by Gulf-based billionaire B.R. Shetty, has acquired digital payments solutions provider TimesofMoney from Network International for an undisclosed sum. The company said that the deal would help it strengthen its presence within India’s fast-growing payments sector while helping it to use TimesofMoney’s technology to grow its footprint.
Dr. B. R. Shetty was a Key Speaker at the 2nd edition of The Economic Times India-UAE Strategic Conclave conducted yesterday, November 27, 2018 in Abu Dhabi. He shared his thoughts on the mutual ties between the nations and the path for future growth and development.
BRS Ventures and United Arab Emirates University (UAEU) yesterday signed a Memorandum of Understanding (MoU) to provide graduate placement opportunities. Deserving students graduating from UAEU will be given preferential placement at various entities held by BRS Ventures. Career advice, participation in careers fairs, practical exposure of working in the corporate world will be made available. Competent students will also get to spend 8 to 16 weeks as internship, at BRS Ventures companies.
Finablr, a financial services holding company created by Abu Dhabi-based billionaire B.R. Shetty, has secured a majority stake in Swych, a U.S. headquartered digital gift card platform. Although financial details of the deal were not disclosed, the move comes as part of a follow-on investment into Swych. It will join a portfolio of companies controlled by Finablr, which Shetty launched earlier this year to consolidate his financial services brands under one umbrella.
Dr. B. R. Shetty owned ADVOC (Abu Dhabi Vegetable Oil Company), today announced a partnership with India’s Patanjali Ayurved Limited to produce a range of edible oils for the middle eastern market. ADVOC, known for owning leading edible oil brands, will produce a range of sunflower, corn and canola oils for Patanjali Ayurved Limited under the Patanjali® brand name. The Patanjali® branded edible oil will be available in 750ml, 1.8 ltr and 5 ltr packages across the GCC region from November 2018.
Dr. B. R. Shetty at the Forbes Global CEO Conference in Bangkok, Thailand today. He was a panel member on a session titled ‘A Greater Good’. He shared his thoughts on the rationale and motivation behind philanthropy, corporate governance, and sustainability for companies to be able to give back to the society in an enhanced manner.
Abu-Dhabi based BRS Ventures Investment Limited, which has taken over Assam Company India Limited, the world’s first tea company, is confident of putting it back on track immediately by taking a series of measures.