Dubai Chamber of Commerce launches the Medical Labs & Diagnostic Centers Business Group
Enhancing the healthcare sector
- AlGargawi: The business group will play an instrumental role in supporting businesses in the diagnostic labs sector thrive in the coming years.
- The establishment of the Medical Labs & Diagnostic Centers business group plays a crucial role in recommending policy changes to improve the sector’s competitiveness and attractiveness while promoting international best practices and supporting the emirate’s economic growth.
Dubai, UAE – Dubai Chamber of Commerce, one of the three chambers operating under Dubai Chambers, has announced the establishment of the Medical Labs & Diagnostic Centers Business Group. Supporting the robust healthcare sector in Dubai and the wider UAE, the new business group seeks to foster collaborative relationships between its members and relevant stakeholders to cement importance of medical labs and diagnostic centers within the healthcare sector.
“The setting up of this business group comes at the right time as it brings together businesses within diagnostic labs sector and the further strengthens Dubai’s burgeoning healthcare industry. The business group will play an instrumental role in supporting the sector, helping it thrive in the coming years,” said Maha AlGargawi, Executive Director of Business Advocacy at Dubai Chambers.
Dubai’s healthcare market is worth more than $4.63 billion annually. Dubai and the wider UAE is rapidly emerging as a healthcare hub with major opportunities. The UAE hosts the world’s largest medical free zone, Dubai Healthcare City which comprises 160 clinical partners across over 150 specialties and professionals from over 90 countries. Medical tourism sales are expected to record a CAGR of 17.1 per cent between 2021 and 2025, according to report by the Ministry of Economy and the UAE International Investors Council.
Founding member, Dr. Ola Elgaddar, General Manager at Al Borg Diagnostics UAE, highlighted, “The healthcare industry in Dubai and the wider UAE is clearly flourishing. As a founding member of this business group, I am keen to start conversations with my fellow peers to see how we can further embed our sector and businesses in the healthcare industry. This business group will serve as an opportune platform to discuss topics that are critical to our sector and bounce off ideas and suggestions on ways to move forward.”
The establishment of the Medical Labs & Diagnostic Centers business group plays a crucial role in recommending policy changes to improve the sector’s competitiveness and attractiveness while promoting international best practices and supporting the emirate’s economic growth. It is part of the chamber’s plans to increase the number of business groups that represent economic sectors and activities in Dubai to 100 by March 2023.
Mohammad Ali Rashed Lootah: “The establishment of the Costa Rican Business Council in Dubai represents another significant step in further enhancing the trade and investment relationship between the business communities in our respective markets.” The chamber welcomed the Minister of Foreign Affairs and Worship of Costa Rica, the Ambassador of…Read more
Mohammad Ali Rashed Lootah: “The chamber’s continuous engagement with Business Groups and Business Councils reflects our commitment to meeting the evolving needs of Dubai’s dynamic business ecosystem and achieving the wise leadership’s vision of consolidating the emirate’s position as a global capital for business, trade, and investment.” Participants in the…Read more
Abdul Aziz Abdulla Al Ghurair: “We are the voice of the business community in Dubai and remain committed to empowering our members to contribute towards achieving the emirate’s growth ambitions.” The number of new member companies achieved YoY growth of 42.9% between January and September, with 48,616 new members registered…Read more
The annual meeting examined a range of topics including how to overcome legislative obstacles faced by businesses, ways to unlock business growth for SMEs and startups, and measures to enhance dispute resolution procedures. H.E. Abdul Aziz Abdulla Al Ghurair: “As part of our commitment to ensuring a favourable business environment…Read more
Mohammad Ali Rashed Lootah: “Today’s timely gathering represents another important step in uniting and supporting the private sector in our shared journey towards a sustainable future. We remain committed to strengthening collaboration between the public and private sectors, which will play a key role in advancing the wise leadership’s sustainability…Read more