Fifty years on from the first Arab Health conference held in Dubai, there has been a generational shift in the global approach towards health care and the way patients are treated.
For this year's event, which started on Monday, Dubai World Trade Centre’s conference halls, stacked with the latest medical devices and diagnostic scanners, showed business remains at the exhibition’s core. But how governments and healthcare authorities around the world deal with universal concerns of staff shortages and how to harness the power of rapidly accelerating technology were also familiar themes.
Prevention has moved sharply to the forefront of planning, with ageing populations around the world creating extra pressure for hospitals as people live longer, some with chronic health conditions. The changing nature of healthcare demand has been reflected in the Northern Emirates, which is facing up to a double dynamic of population growth and surging demand, with mandatory health insurance introduced on January 1.
The Arabian Healthcare Group will aim to meet those needs with a new 209-bed multi-speciality hospital that aims to be up and running in Ras Al Khaimah by 2027. Greenfield Hospital and its associated community clinics will offer all aspects of care, aside from oncology and transplants, and promises the latest artificial intelligence to streamline patient services.
The importance of technology
Automation will be integral across all operations, from patient admissions, to diagnostics and post treatment care. Dr Raza Siddiqui, chief executive of the Arabian Healthcare Group and executive director of RAK Hospital, said population dynamics have forced a change to the healthcare approach.
“When we planned the hospital 20 years ago, it was a scalable model,” Dr Siddiqui told The National. “There was a small population that could afford this kind of care but health care has to be world-class every time, every day.
“The real situation now is the population of Ras Al Khaimah has become 400,000 and insurance is becoming mandatory. What we are doing now is to keep pace with the changing times.”
An ageing world
The World Health Organisation (WHO) says the global population of those 60 and older is expected to double by 2050 and triple by 2100, with huge implications for health care.
Given current trends, research by Alpen Capital suggests over-50s will make up 18.5 per cent of the GCC's population in 2025, up from 14.2 per cent in 2020.
“Health care is facing major challenges: ageing population; burden of chronic disease; cost of health care going up; insurance controlling price; and a shortage of fiscal manpower,” said Dr Siddiqui. “Keeping people healthy, and in their homes, is the most important thing to consider due to the burden of chronic disease. These people can be managed well with wearable devices and remote monitoring. This is a message of wellness, so people don't have to visit a clinic 10 times a year.”
Special disease-management software will be connected remotely to someone’s home and pair with wearable devices, to admit patients only when absolutely necessary, Dr Siddiqui said as he noted the importance of AI.
For example, during a visit to a doctor, 60 per cent of the time can be taken up entering patient data. Generative AI will aim to capture the conversation between patient and doctor in a template in the hospital’s records system, freeing up time and enhancing productivity.
Population health
The health industry is looking to the future and how to provide services that keep people out of hospital. Spread across 1,022 square metres, the latest clinic by DNA Health & Wellness in Al Manhal, Abu Dhabi, will focus on prevention and living longer.
Longevity has become a booming industry, with DNA Health & Wellness one of many looking to build on a blossoming UAE market for wellness. The clinic promises a comprehensive range of personalised treatment that focuses on prevention, optimisation, rejuvenation and longevity – with the sole objective of making people healthier and keeping them out of hospital.
Specialised treatment includes preventive health screenings that analyse more than 15,000 parameters and vast amounts of data, focusing on biomarkers, oxidation levels and lipids, peptides, stem cells and IV therapy.
All combine to give a full picture of individual health and any personalised interactions that may be required. "We focus on the early detection and management of diseases,” said Dr Nasr Al Jafari, co-founder and group medical director of DNA Health & Wellness. “By preventing and catching these conditions at their earliest stages, we provide effective healthcare plans to treat illnesses before they can cause harm.“
The group already has five clinics in Dubai and is looking to expand further into Saudi Arabia, Oman, and Bahrain. However, this kind of preventive care comes at a price and it could be some time before the latest wellness treatments are delivered en masse to an ageing public.
Longevity capsule
One eye-catching device on show at Arab Health is the Longevity Capsule by HaloRenew. What resembles a human-size microwave actually delivers salt therapy, oxygen, red-light therapy and aromatherapy for a 360-degree approach to health and wellness.
“Salt therapy cleanses and detoxes your body, and helps with respiratory issues like COPD [Chronic obstructive pulmonary disease] and asthma,” said Bruno Bafia, chief executive of HaloRenew. “It can also help with allergies and skin conditions such as eczema or psoriasis. The red-light therapy targets skin recovery, bone recovery and muscle recovery, while the oxygen relaxes the body and improves physical performance.”
Regular sessions from 20 minutes to one hour are designed to enhance respiratory health, rejuvenate skin, improve immunity and reduce inflammation. At about $60,000, the Longevity Capsule is expected to attract interest from high-end hotels, spas and airports.
“In California, we have a wellness centre where we have anywhere between 1,000 and 1,500 people walking through the door to use this kind of therapy,” said Mr Bafia. “After anywhere between five and 10 sessions you're going to notice huge results.”
Arab Health 2025 runs until Thursday.
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Company Profile
Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million
Griselda
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ARGENTINA SQUAD
Goalkeepers: Franco Armani, Agustin Marchesin, Esteban Andrada
Defenders: Juan Foyth, Nicolas Otamendi, German Pezzella, Nicolas Tagliafico, Ramiro Funes Mori, Renzo Saravia, Marcos Acuna, Milton Casco
Midfielders: Leandro Paredes, Guido Rodriguez, Giovani Lo Celso, Exequiel Palacios, Roberto Pereyra, Rodrigo De Paul, Angel Di Maria
Forwards: Lionel Messi, Sergio Aguero, Lautaro Martinez, Paulo Dybala, Matias Suarez
SPECS
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PROFILE OF INVYGO
Started: 2018
Founders: Eslam Hussein and Pulkit Ganjoo
Based: Dubai
Sector: Transport
Size: 9 employees
Investment: $1,275,000
Investors: Class 5 Global, Equitrust, Gulf Islamic Investments, Kairos K50 and William Zeqiri
WHAT IS A BLACK HOLE?
1. Black holes are objects whose gravity is so strong not even light can escape their pull
2. They can be created when massive stars collapse under their own weight
3. Large black holes can also be formed when smaller ones collide and merge
4. The biggest black holes lurk at the centre of many galaxies, including our own
5. Astronomers believe that when the universe was very young, black holes affected how galaxies formed
Kamindu Mendis bio
Full name: Pasqual Handi Kamindu Dilanka Mendis
Born: September 30, 1998
Age: 20 years and 26 days
Nationality: Sri Lankan
Major teams Sri Lanka's Under 19 team
Batting style: Left-hander
Bowling style: Right-arm off-spin and slow left-arm orthodox (that's right!)
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
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Joker: Folie a Deux
Starring: Joaquin Phoenix, Lady Gaga, Brendan Gleeson
Director: Todd Phillips
Rating: 2/5
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Famous left-handers
- Marie Curie
- Jimi Hendrix
- Leonardo Di Vinci
- David Bowie
- Paul McCartney
- Albert Einstein
- Jack the Ripper
- Barack Obama
- Helen Keller
- Joan of Arc
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Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
Specs
Engine: 51.5kW electric motor
Range: 400km
Power: 134bhp
Torque: 175Nm
Price: From Dh98,800
Available: Now
PROFILE OF HALAN
Started: November 2017
Founders: Mounir Nakhla, Ahmed Mohsen and Mohamed Aboulnaga
Based: Cairo, Egypt
Sector: transport and logistics
Size: 150 employees
Investment: approximately $8 million
Investors include: Singapore’s Battery Road Digital Holdings, Egypt’s Algebra Ventures, Uber co-founder and former CTO Oscar Salazar
UAE currency: the story behind the money in your pockets