Tuesday, March 19, 2013

Kingdom driving GCC health care real estate investments


An influx of investments in health care real estate is injecting growth into the MENA region’s health sector, driven mainly by Saudi Arabia and the UAE.

The UAE health care market is projected to expand by almost 100 percent this year alone, becoming an AED 44 billion industry by 2015, according to the Dubai Chamber of Commerce and Industry. Meanwhile, forecasts indicate exponential growth for the GCC region, which will boom into a $ 60 billion health sector over the next decade.

In the latest milestone for the UAE’s spiraling health care real estate, Dubai is now home to the MENA region’s largest private mega hospital.
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Read more: http://www.arabnews.com/news/445317

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