The forum had important industry stakeholders who are exploring the outlook of biotech innovation and research in the UAE. This is at par with the expansion of the healthcare sector as part of the Centennial 2071 project launched by the Cabinet of the United Arab Emirates. UAE even allocated 8.09% of its federal budget to healthcare and community protection.

Eric Thepaut, Executive Vice President and President EMEA at Boston Scientific, said: “At Boston Scientific we aim at transforming lives globally through innovative medical solutions. This is why investments in the Middle East & North Africa (MENA) region are so significant and far-reaching. Strengthening our presence in the region will enable our teams to operate more efficiently and raise awareness.

MoIAT seeks to stimulate innovative projects and industries with the aim of creating an integrated innovation ecosystem that contributes to consolidating the UAE’s global leadership in diverse areas. The country offers unparalleled facilities to support the growth of the industrial sector. Furthermore, it has leveraged its strategic geographical location to evolve into a regional logistics hub that provides easy access to multiple global markets.

Granting UAE nationality to elite foreign scientists is ‘great news’, […]

Top global companies joined Dubai Science Park, last year as the importance of science, technology and medical innovation came to the fore. Many existing business partners also expanded their presence, opening new offices and innovation centres to develop new products as Dubai reinforced its position as an attractive destination for healthcare-focused companies.