Classifieds | Archives | Jobs | About TGT | Contact | Subscribe
 | 
Last updated 32 minutes ago
Printer Friendly Version | TGT@Twitter | RSS Feed |
HOME LOCAL MIDEAST ASIA WORLD BUSINESS SPORT OPINION WRITERS
Dubai’s medical industry to hit Dhs40b
by our business bureau December 03, 2012
 Print    Send to Friend

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.

Add this page to your favorite Social Bookmarking websites
Comments
 
Post a comment
 
Name:
Country:
City:
Email:
Comment:
 
    
    
Related Stories
BoC lists $322m bond on Nasdaq Dubai
Dubai: Tian Jun, General Manager, Bank of China (BoC) Abu Dhabi Branch, on Wednesday rang the market-opening bell to celebrate the listing of a two billion renminbi (CNY..
City of wonders marches ahead
DUBAI: Dubai continues to climb the ranks as one of the top destinations for international travellers according to a study released on Wednesday. The annual MasterCar..
Dubai Chamber joins hands with DSOA
Dubai: Dubai Silicon Oasis Authority (DSOA) has signed a Memorandum of Understanding (MoU) with Dubai Chamber of Commerce and Industry, to enhance cooperation in fosterin..
Masharie divests stake in IRC, TRC
Dubai: Masharie, the private equity arm of Dubai Investments - a leading investment company listed on DFM, has announced divestment of its 51% stake in both International..
ATM 2015 line-up results in 15% visitor growth
DUBAI: Reed Travel Exhibitions, the organiser of Arabian Travel Market (ATM) 2015, which took place 4-7 May 2015, has shared initial post-event numbers for the 22nd editi..
 
FRONTPAGE
 
GALLERY
 
PANORAMA
 
TIME OUT
 
SPORT
 
 
Advertise | Copyright