MODON Participates at SIAL International Food Exhibition in France    OIC Secretary General Condemns Attack on Police Station in Djibo, Burkina Faso    Sultan of Oman Meets with Palestinian President    Jordanian King Meets with US Treasury Secretary    KSrelief Center Distributes Recreational Bags to Students in Syria    Indonesian President Receives Saudi Foreign Minister    OIC Secretary General Receives Afghanistan's Permanent Representative    Prince Sultan bin Salman meets Australian Ambassador    Foreign Ministry Undersecretary for Multi-lateral International Affairs Receives Romania's Ambassador    Saudi Arabia Announces the Establishment of the First Special Economic Zone - Integrated Logistics Bonded Zone - Unique and First of its Kind Globally    SAGIA: An increase in A number of Licenses For Foreign and Domestic Companies in KSA By More Than 90%    U19-Year Saudi Football Team Beats Malaysia 2-1    Barkley salvages last-gasp point for Chelsea against Man Utd    Saudi National Swimming Team To Participate in Saint-Dizier Swimming Championship in France    Saudi Aramco Expands Chinese Refining Market, Co-sign MoU, with Zhejiang Petrochemicals    Sponsoring Super Classico... Soccer History Re-written, in front of the World, in KSA    Success of first two operations to replace artificial joints at AlAnsar Hospital in Madinah    Cinema tells the story of the Saudi people on the National Day    Saudi Ambassador to UK Visits London Biennale for Design    Ministry of Hajj and Umrah Launches Awareness Message on Sacrifice Day    Saudi National Discovers New Protein Causing Heart Stroke, Designs Compound to Avoid it    Who targeted Holy Kaaba?    Custodian of Two Holy Mosques addresses the Saudi people and Islamic nation on the blessed Eid Al-Fitr    Mufti of Mount Lebanon: Saudi Arabia is Heart of Islamic World and Attempts to become Audacious Against it affects Feelings of Millions Muslims    Newcastle Beat West Ham 3-0 for their first Win of the Season    Mourinho insists Ibrahimovic must be good enough for Manchester United    Saudi student goes missing in Kentucky, US    Harvey lashes Texas US coast with high wind, torrential rain    North Korea tests short-range missiles as South Korea, US conduct drills    Samsung leader Jay Y. Lee given five-year jail sentence for bribery    Reforms have saved the economy from possible recession, say analysts    The King and Crown Prince congratulates Moldova's President    More than 1,5 million pilgrims arrive in Saudi Arabia, so far    MWL allocates SR 7 million for Eid sacrifice project in 47 countries    Saudi Campaign provides educational and training services for Syrians in Al-Za'tari camp    Known days    "MODON" Signs MoU with Chinese Goldwind Company for wind-turbines manufacturing in the Kingdom    Flyadeal, Saudi Arabia's new low-cost airline, scheduled to launch on September 23, reports    Joker, Harley Quinn movie in works with 'Crazy Stupid Love' filmmakers    Mastercard launches Masterpass in the Kingdom of Saudi Arabia    Honda among 27 Japan players named for World Cup qualifiers    Madhuri Dixit to venture into Marathi films as a producer    Consumers warned against using some brands of face powder, hair products    How 'GOT' makers made the frozen lake in 'Beyond the Wall'    Shraddha Kapoor wants people to help the needy    Neymar targets improvement after phenomenal home debut    Politicizing the pilgrimage    Rakhi 2017: "Bond of Love" between a brother and his sister    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.





Indian tycoon Shetty is honored with National Cultural Award
Published in The Saudi Gazette on 12 - 04 - 2015

Prince Faisal Bin Saud Bin Musaed Bin Abdulaziz presenting the National Cultural Award to B.R. Shetty, chief executive officer and managing director of New Medical Center Group of Companies and UAE Exchange, at a ceremony held in Jeddah on Thursday. — SG photo
Hassan Cheruppa
Saudi Gazette
JEDDAH – Abu Dhabi-based Indian business tycoon B.R. Shetty, chief executive officer and managing director of New Medical Center Group of Companies and UAE Exchange, was honored with the National Cultural Award. Prince Faisal Bin Saud Bin Musaed Bin Abdulaziz presented the award to Shetty at a colorful ceremony at Park Hyatt Hotel here on Thursday. The ceremony was attended by Prince Saud Bin Musaed Bin Abdulaziz, president of the Gammon Group.
The program started with recitation of a few verses from the Holy Qur'an by Saeed Saleem Al-Hindi. Dr. Fahd Al-Hudali, chief editor of Lisan Al-Arab magazine, and Dr. Faiz Al-Abideen, CEO of Gammon Group, introduced the guests. Several prominent Saudi and UAE business leaders and cultural figures were present on the occasion. They included Sheikh Muhammad Bin Salim Al-Harbi, Sheikh Hamad Bin Naji Al-Mubarak, Dr. Ahmed Farouqi, Dr. Zaid Alkhamali, Mohammed Korath, chairman & managing director of UAE's K.M. Trading Group, US Vice Consul Jeffrey Morency and Sheikh Rafik Mohammed, chairman of the Gammon Group.
Speaking on the occasion, Shetty, whom Forbes Magazine listed the fourth richest expatriate billionaire in the UAE, announced his group's plan to spread its wings to the Kingdom by ensuring affordable world-class quality service in the fields of healthcare, education, and money exchange.
“This is a great moment in my life to be blessed with this prestigious honor in the Kingdom, which is God blessed country. This gives me further boost to my decision to share my success in Abu Dhabi with other Gulf countries, especially Saudi Arabia.”
Shetty said that his group will build hospitals in Jeddah, Riyadh and other cities in addition to having stake in joint ventures. “The UAE, under its founder President Sheikh Zayed Bin Sultan Al-Nahyan, and the Gulf gave me everything and now I am giving them back. I promise you to make available affordable quality healthcare facilities in Saudi cities and even in remote regions,” Shetty, a pharmacist-turned-tycoon, said.
Meanwhile, Sheikh Rafik told Saudi Gazette that Shetty's group has made tieup for the first joint venture project in Jeddah. He agreed to have a joint venture with the management of Jeddah's Dr. Khalid Idriss Hospital. According to the agreement, Shetty's group will have the stake in the renovation and development of the hospital. Shetty has already announced plans to build SR1 billion Neopharma plant and a 250-bed hospital, costing SR1 billion, both in Jazan.


Clic here to read the story from its source.