News & Events
Coroli recognised as a superbrand from over 1500 contenders
Superbrands status boosts a brands position in its region of operation
India is set to become a five trillion-dollar economy by 2024. Several reforms initiated by the Narendra Modi government will reach fruition due to Modiji’s second term in the office. This ensures the much-required stability and apt environment for the country’s people, culture and economy to thrive.
Prominent Indian businessman Dr B. R. Shetty, founder and chairman of NMC Healthcare, Finablr, Neopharma and BRS Ventures, has received his long term 10-year UAE residency visa on Tuesday. On Tuesday, the billionaire businessman drove down to Dubai to collect his passport from the office of Major-General Mohammad Ahmad Al Merri, director-general of GDRFA.
The first mass wedding to include non-Emiratis in the UAE will be held this week. Though mass weddings are frequently held in the country, to help Emirati couples cut down on costs, this week’s event will be the first to include non-Emiratis too. Dr BR Shetty, founder and chairman of NMC Healthcare and Finablr, is one such sponsor.
A top Indian businessman is the latest person to be granted a 10-year residence visa in the UAE. BR Shetty, founder of the NMC Healthcare and Finablr, a financial services network, will receive his 10-year residence visa on Sunday. “I’m very happy to have been identified for this new residency,” said Mr Shetty, who worked as a salesman when he arrived in Dubai in 1973 and now has two companies listed on the London Stock Exchange. “It is a proud moment. This gives great confidence to old-timers like me and it is important for new comers to know that investors are being recognised.”
Events such as royal weddings are very rare and it was an honour to be invited to one. Here we speak to a few of those who attended the wedding reception of three sons of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai. Attending to the royal marriage ceremony, Dr BR Shetty Founder and Chairman NMC Healthcare, Finablr and BRS Ventures said: "Being invited to the grand spectacle is a special moment in my life. The marriage ceremony coincides with Eid Al Fitr celebrations enhancing the spirit of joy and fervor. May Allah bless the young couples with eternal bliss and togetherness ushering in a brand new era for Dubai, UAE and the region at large."
Indian expatriates should leave behind their political differences during the fiercely contested elections and come together for the country, Ambassador Navdeep Singh Suri has said. He was speaking at a recent event at the India Social and Cultural Centre in Abu Dhabi, organised by Indian businessman B.R. Shetty to 'celebrate democracy' after Prime Minister Narendra Modi won the elections with a thumping majority for the second term.
B R Shetty, the billionaire founder of UAE-born firms NMC Health and Finablr, which listed in London last week, is planning an initial public offering of another of his firms, Neopharma, as he looks to grow and diversify globally. Pharmaceuticals manufacturer Neopharma, established in 2003 under Mr Shetty’s private investment vehicle BRS Ventures, is eyeing a listing on the London Stock Exchange in 2022, the founder told The National in an interview on Thursday. “The aim is to expand the company further and give more value and benefit to its shareholders,” Mr Shetty said. “We want it to be a global player and my vision is for it to be among the top 12 biggest pharma firms in the world in the coming years.”
Thousands of foreign investors and residents have been identified for a "golden card" permanent residency scheme, Sheikh Mohammed bin Rashid, Prime Minister and Ruler of Dubai, announced on Tuesday. Sheikh Mohammed said the current investments of the 6,800 selected investors and residents are worth an estimated Dh100 billion. The new permanent visa will generate foreign investment, encourage entrepreneurship, and attract top engineers, scientists and students.
London Stock Exchange Welcomes Finablr Plc To The Main Market
Hindu temple’s foundation stone laying ceremony in Abu Dhabi
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.