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Bavaguthu Raghuram Shetty, (born 1 August 1942) commonly known as B.R. Shetty, is an Indian -born businessman and former-billionaire, the founder and acquirer of a number of companies based in the United Arab Emirates, including Abu Dhabi –based NMC Health, [1][2] Neopharma, BRS Ventures, and Finablr. [3][4] In 1975, Shetty's interest was in ...
NMC Health was founded by B. R. Shetty in 1974 as the New Medical Centre in Abu Dhabi. [8] In 1981, a new marketing & distribution division, NMC Trading was launched, which distributed medicines to pharmacies in the UAE.
The company was established by the Indian-born former billionaire B. R. Shetty in April 2018. [4] Initial investments included UAE Exchange, which Shetty acquired in 1980, and Travelex, which was acquired in 2014. [4] In October 2018, Finablr brands, Travelex and Swych, launched a cross-border shopping solution for WeChat Pay users. [5]
The foundation of Abu Dhabi Indian School, Al Wathba, was laid on 4th September 2014, under the visionary leadership of Padmashree Recipient Dr. B. R. Shetty, the Chairman of the Abu Dhabi Indian School Management Committee.
UAE Exchange (Arabic: مركز الإمارات العربية المتحدة للصرافة Markaz Al'Imarat Alearabiat Almutahidat Lilsarafa) is a United Arab Emirates -based company dealing primarily in remittance, foreign exchange and bill payment services. The company is headquartered in Abu Dhabi, UAE, and operates through 800 locations ...
The BAPS present Hindu literature to Sheikh Mohamed and Indian Prime Minister Narendra Modi, Abu Dhabi. At the rightmost corner is B. R. Shetty. Islam is the official religion of the UAE and there are laws against blasphemy, proselytizing by non-Muslims, and conversions away from Islam.
In 2014, Apax Partners sold its majority stake of 51% to UAE-based Indian businessman B. R. Shetty valuing the company at approx £1bn. Shetty also owned UAE Exchange, a UAE-based money transfer business. The acquisition was supported by Abu Dhabi-based investment vehicle Centurion and completed in January 2015. [11] [12]
Sheikh Mansour bin Zayed bin Sultan Al Nahyan (Arabic: منصور بن زايد بن سلطان آل نهيان; born 20 November 1970), often referred to as Sheikh Mansour, [1] [2] [3] is an Emirati royal and politician who is the current vice president and deputy prime minister of the United Arab Emirates, as well as the minister of presidential court and member of the ruling family of Abu ...