New platform for UAE medical tourism investment

The UAE cabinet has approved the creation of an integrated national platform to bring investments in vital sectors, such as medical tourism and healthcare.  Dubbed the foreign investor compass project, it represents one of the transformative projects of the Ministry of Economy, aimed at promoting the investment environment in the UAE and highlighting the country’s capabilities in the targeted sectors.

The new project includes an electronic platform, guides and promotional tools that highlight various opportunities for foreign investors in sectors including healthcare and medical tourism.

There is a new national policy to promote healthy lifestyles in the country. It aims to improve the quality of healthy life for individuals and society, create healthy environments that promote and protect the rights of all people of all ages, and encourage multi-sectoral partnerships to ensure effective preventive interventions for problems and diseases related to unhealthy lifestyle. The policy aims at consolidating the concept of community partnership by increasing community members’ awareness of healthy behaviour.

The Cabinet has also approved the Smart Health Initiative which aims at developing health services in the country through partnership and cooperation between various governmental health entities and private sector institutions.

This initiative will work on developing and updating the rules governing the use of modern methods and technologies to provide advanced digital health services, and enhance the efficiency of health devices, as well as the accuracy of diagnosis, prescription and dispense medical products. It will encourage telemedicine interventions, remote medical follow-up and monitoring to provide 100% remote health services.