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Dubai looks to events to elevate its $71.3bn healthcare hub

Dubai is strengthening its networks to become a business events hub in medical sciences as its Healthcare and Pharmaceutical industry looks set to be worth US$71.3 billion by 2020.

Dubai Business Events (DBE), the city’s official convention bureau, has signed six Memorandums of Understanding (MoUs) so far in 2019, as it creates a ‘road map’ to attract more business events to the city. These include agreements with the Sheikh Hamdan bin Rashid Award for Medical Sciences, and the Emirates Medical Association.

Issam Kazim, Chief Executive Officer of Dubai Corporation for Tourism and Commerce Marketing, said: “These latest MoUs signed with key entities across Dubai reinforces the importance of collaborations across the public and private sectors in the city, and the power these can have in driving benefits of our economy. At Dubai Tourism we understand that business events can not only drive further visitation to the city, but also contribute to the growth of the knowledge economy and the evolution of important economic sectors and fields of expertise.”

Dubai has earmarked the Healthcare and Pharmaceutical sector as one such field of expertise. Dubai is home to the world’s largest medical free zone, Dubai Healthcare City (DHCC). The development boasts 160 clinical partners including hospitals, outpatient medical centres and diagnostic laboratories across 150+ specialties with licensed professionals from almost 90 countries.

Among the 22 major international association conferences secured this year by the Emirate are the 5th World Academic Congress of Emergency Medicine – WACEM 2019, and the World Hospital Congress 2021.

The other entities to have signed the MoUs include Dubai Sustainable City, Dubai Multi Commodities Centre (DMCC), Professional Communication Corporation (Nedaa), and Hamdan Bin Rashid Al Maktoum Foundation for Distinguished Academic Performance. MoUs with the University of Dubai and Canadian University Dubai have been renewed.

These MoUs will further strengthen DBE’s Al Safeer Congress Ambassador Programme, which now has more than 320 members and continues to play a vital role in elevating Dubai’s status as a knowledge hub in key sectors. These include energy and clean tech, aerospace and automotive, technology and finance, logistics and trade, agriculture and food, and construction and real estate.

His Excellency Mansoor Juma Buosaiba, Chief Executive Officer of Professional Communication Corporation (Nedaa), said: “Dubai offers lucrative and attractive prospects for businesses. As a communications provider and business partner Nedaa is honoured, and sees immense potential in this partnership for conducting activities and conferences that have a positive impact on the city’s economic, social and scientific development.”

Other major international association conferences secured this year for Dubai include the Space Generation Congress 2020, the Pacific Asia Conference on Information Systems 2020, and the AIPPI World Intellectual Property Congress 2025. 

 

(via Visit Dubai)