Qatar’s rapid population growth over the past 10 years and the rising incidence of lifestyle-related diseases means the state represents the fastest-growing health care market in the GCC. The sector is forecast to be worth some $9bn by 2018, about double the $4.6bn seen in 2013, with the inpatient market pegged to hit $2.5bn and the outpatient market expected to reach $6.6bn by that time....
Hydrocarbons revenues, specifically from liquefied natural gas, still form the bulk of Qatar’s national income. However, as the country moves forward with Qatar National Vision 2030 (QNV 2030), the government is increasingly seeking to diversify the economy away from hydrocarbons while investing in renewable solutions to meet the energy demands of the future.
The health sector in Abu Dhabi has expanded rapidly on the back of a mandatory medical insurance scheme, while the sector has also been driven by population growth, rising health awareness and an increasing incidence of lifestyle-related diseases. Government health care expenditure nearly doubled between 2007 and 2012 to reach over $12bn that year, with government spending comprising 3.3% of...
Hydrocarbons revenues still form the bulk of Abu Dhabi’s GDP and while falling prices are a concern, the emirate has been moving steadily towards its economic diversification targets in line with Abu Dhabi Economic Vision 2030. The past 10 years has seen the non-oil sector expand strongly on the back of business-friendly government policies, as a result of which non-oil sector growth now outpaces that of the oil sector.
The rollout of universal health insurance commenced in October 2014 with the first of three deadlines for employers to ensure their staff are covered by health insurance, and is due to be completed by mid-2016. The universal cover will offer improved treatment options for many expatriate workers, while also enabling the government to make changes to funding mechanisms and priorities. A range...
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