UAE spends about 3.5%of its GDP on healthcare

UAE spends about 3.5%of its GDP on healthcare

Tabbara explained that healthcare market opportunities, especially new hospital projects in the Middle East and Africa region are also set to grow to $68.8 billion in the coming year

The UAE government has allocated Dh4.9 billion (8.4 per cent of the total budget) to healthcare and community protection in the federal budget for 2022-26.

Published: Sun 8 Jan 2023, 3:11 PM Last updated: Sun 8 Jan 2023, 3:21 PM

The UAE spends about 3.5 per cent of its gross domestic product on healthcare, with about 70 per cent from public spending and only 30 per cent from the private sector, said Dani Tabbara, chief operating officer of Al Tamimi Investments, a leading investments firm in the UAE.

He noted that the UAE Government has allocated Dh4.9 billion (8.4 per cent of the total budget) to healthcare and community protection in the federal budget for 2022-26.

“The UAE is an important market for healthcare in the region. As one of the most economically developed and diversified markets in the Middle East, the UAE has a strong healthcare infrastructure driven by robust technologies,” said Tabbara.

“In addition, the government’s commitment to digital healthcare is one of the key drivers of growth within the country’s healthcare market.”

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