Arab-UK collaboration is the future for innovative healthcare

  • Date: 25-Jan-2023
  • Source: Zawya
  • Sector:Healthcare
  • Country:UAE
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Arab-UK collaboration is the future for innovative healthcare

- International experts will gather at Arab Health 2023, with largest-ever UK delegation highlighting seriousness of approach

- Conference presents opportunity to increase investment and skills in critical sector, following growth in healthcare spend

Dubai, United Arab Emirates: The world will come together at the Arab Health conference later this month and, after the political turmoil of the last few years, the UK’s increased political stability and ambitious research and development targets mean this is a good opportunity for investors to drive innovation in the health industry.

It is now clear that the UK is not going to become a de-regulatory competitor to the EU, so the government’s focus must be on improving UK attractiveness to both inward investment and exporters. Partnerships in the Gulf region are vital to help bring innovation to market or scale and to grow exports.

The likely GCC-UK trade deal is a clear priority for the UK Government and, outside the political sphere, investors looking to the UK find themselves in a strong position, too. Investment into the UK has slowed significantly since 2016, and UK assets are relatively cheap.

In the area of MedTech specifically, research from the ABHI[1] in November 2022 showed that three-quarters of the HealthTech industry