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HOME LOCAL MIDEAST ASIA WORLD BUSINESS SPORT OPINION WRITERS
Dubai’s medical industry to hit Dhs40b
by our business bureau December 03, 2012
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DUBAI: In a strong signal of Dubai’s fast-growing position as one of the world’s leading medical capitals, the emirate is projected to be worth $10.9 billion (approximately Dhs40 billion) by 2013.

The two major factors driving this growth are the increased investments by government and international investors, as well as Dubai’s emerging role as a leading destination for medical tourism.

The substantial growth in investments is expected to yield a sharp rise in new medical institutions, research and medical education facilities.

In addition to new institutions, Dubai is also receiving growing interest from international pharmaceutical companies who are striving to make breakthroughs in medical cures.

This trend is further boosted by the ever-growing number of highly skilled professionals who are applying to work in Dubai. What is particularly notable is that Dubai’s leading hospitals have attracted professionals from some of the world’s most prestigious medical institutions in Europe and elsewhere.

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