While reduced oil prices are undoubtedly a concern for the emirate’s authorities, economic diversification efforts of recent years mean Abu Dhabi is well placed to weather a prolonged period of subdued prices. Vision 2030 meanwhile contains a raft of goals that will further reduce the emirate’s reliance on hydrocarbons, and continue to foster the emergence of a more sustainable and knowledge-based economy in the years ahead.
A drive to promote the emirate’s health care sector is gaining traction, with the Sharjah Investment and Development Authority (Shurooq) estimating that the sector’s value will rise to $2.4bn in the next two years, up from around $2bn last year.
Sharjah has a number of modern health care facilities, and with the emirate preparing for a strong push in the sector, the future looks bright for Sharjah as it pursues its goal of becoming a centre of excellence in the UAE. Meanwhile, an ageing population and more sedentary lifestyles are raising new health challenges that both the private...
Already home to a number of modern health care facilities, the emirate is preparing for a strong push in the sector as it pursues its goal to become a centre of excellence in the UAE. Meanwhile, an ageing population and increasingly sedentary lifestyles are raising new health challenges that both the private and public sector are helping to address, led by the federal-level Ministry of Health...
Sharjah’s early efforts towards economic diversification have paid dividends, turning sectors such as heavy industries and transport and logistics into key enablers of economic growth. Meanwhile, the presence of several major universities in the emirate has helped grow its reputation as a major educational centre for the region.
Rising consumer demand and an increased role for the private sector look set to drive expansion and open new doors for investors in Saudi Arabia’s health care industry.
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