The Finance World Magazine| Edition: April 2023

the sector by bringing together the
globe’s leading healthcare expertise,
talent and institutions and opening new
avenues for innovation to flourish.” His
Highness also emphasized that the aim
is “to create a vibrant global healthcare
hub that serves not only the needs of
the people of our nation but also caters
to the growing requirements of our vast
region,” which indicates the potential
of the sector for achieving significant
growth in the near future.
As a testament for the UAE’s efforts
to expand the healthcare sector, Arab
Health, the MENA region’s biggest
gathering of healthcare companies,
technology, and products took place
from 30th January to 2nd February at
the Dubai World Trade Centre, centered
around the theme of “innovation and
sustainability in healthcare.” The
event drew over 51,000 attendees and
featured over 3,000 exhibitors from over
70 countries, displaying their latest
innovative healthcare technologies.
The four-day conference included nine
Continuous Medical Education (CME)
conferences, featuring keynote speeches,
scientific lectures, and industry briefings
from over 300 regional and international
speakers.
On the other hand, Dubai Derma 2023,
The largest scientific dermatology event
in the MENA region and the Indian
Subcontinent region, was held from
1st March to 4th March and gathered
prominent dermatology specialists,
industry leaders, and key decisionmakers
from the region and across
the world. The three-day conference
and exhibition attracted over 24,000
By investing in
state-of-the-art
medical facilities
and promoting
world-class
medical tourism,
the UAE’s
healthcare sector
is driving growth
and prosperity
across the region.
visitors and participants from 114
countries, featuring 480 regional and
international companies presenting
over 1,400 products. The conference
concluded with $600m (AED 2.2B) of
deals.
Moreover, the government has been
investing in cutting-edge medical
technologies and state-of-the-art
healthcare infrastructure, including
hospitals, clinics, and specialized medical
centers, to provide top-notch healthcare
services to residents and visitors alike.
This has led to an increase in medical
tourism, as the UAE has become a
preferred destination for patients
seeking high-quality and affordable
medical treatments.
Furthermore, the government has been
focusing on enhancing the skills and
expertise of healthcare professionals
by offering specialized training and
education programs, ensuring that
the healthcare workforce is equipped
with the latest knowledge and skills to
provide world-class healthcare services
to patients.
In his latest visit to HMS Mirdif
Hospital and Barraquer Eye Hospital,
His Highness Sheikh Hamdan bin
Mohammed bin Rashid Al Maktoum,
Crown Prince of Dubai and Chairman
of The Executive Council of Dubai,
emphasized that the development of
the health sector is a top priority for the
Dubai government. His Highness also
stressed that the healthcare industry
contributes to the expansion of Dubai’s
economy, not only by investing more in
medical facilities but also by promoting
medical tourism.
His Highness added that the healthcare
industry plays a crucial role in promoting
the welfare of the community and
positioning Dubai as a worldwide leader
in health and wellness, consistent with
the guidance of His Highness Sheikh
Mohammed bin Rashid Al Maktoum,
Vice President and Prime Minister of
the UAE and Ruler of Dubai.
April 2023 www.thefinanceworld.com 45