A new medical centre is set to spearhead Sharjah’s efforts to tap into foreign investment in health care as the government moves to meet rising demand and expand into medical tourism.
The Middle East Health
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Economic update | Sharjah: Expanding health care
11 Feb 2013
Plans by the emirate’s authorities to tighten regulatory oversight for health insurance and put in place a long delayed scheme for mandatory coverage will likely result in major changes to the sector.
Over the past four decades, Dubai has become one of the most important economic centres in the Middle East and a key destination for investors, tourists and corporations from around the world. The emirate boasts a diversified economy, an open business environment, and a multinational population and workforce, all of which have contributed to its reputation as a leading investment destination.
At the base of the Arabian Peninsula, occupying a landmass slightly larger than Italy, Oman is the largest country in the GCC after Saudi Arabia. In recent years, the non-OPEC oil exporter’s economy has been undergoing a steady transformation, reorienting from oil toward a more diverse set of service and industry-based economic activities. So far, progress has been promising. In 2011 oil and gas accounted for 38.8% GDP.
Chapter | Education & Health from The Report: Oman 2013
The creation of a public education system capable of equipping Omanis for a modern economy has been at the centre of government policy for decades, and the private sector has thrived since the 1970s. Yet, more recently, the sector has seen a similar expansion of investment at the tertiary level, combined with an increasing amount of research activity. This new phase of expansion is underpinned by...
While all Omanis are entitled to free health services, there has been an increasing move towards private health care, with both foreign and local care providers entering the market. The most recent entrant to the sector is the Saudi-based Shifa Al Jazeera Medical Group, which announced on November 18 it would be investing $259m to establish 13 hospitals and medical centres across the Sultanate over the next few years.