• Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, tours the Arab Health Exhibition. Photo: Dubai Media Office
    Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, tours the Arab Health Exhibition. Photo: Dubai Media Office
  • It is the largest medical exhibition in the region. Photo: Dubai Media Office
    It is the largest medical exhibition in the region. Photo: Dubai Media Office
  • Sheikh Mohammed on the tour. Photo: Dubai Media Office
    Sheikh Mohammed on the tour. Photo: Dubai Media Office
  • The Vice President and Ruler of Dubai tours the Arab Health Exhibition. Photo: Dubai Media Office
    The Vice President and Ruler of Dubai tours the Arab Health Exhibition. Photo: Dubai Media Office
  • A visitor at the American Hospital stand at Arab Health event held at the World Trade Centre, Dubai. All photos: Chris Whiteoak / The National
    A visitor at the American Hospital stand at Arab Health event held at the World Trade Centre, Dubai. All photos: Chris Whiteoak / The National
  • Visitors at the STC stand
    Visitors at the STC stand
  • Pelvic bone implants made by Severn
    Pelvic bone implants made by Severn
  • A visitor at the event that showcases the country's national health projects
    A visitor at the event that showcases the country's national health projects
  • JMC Ambulance type B which has a higher roof for paramedics to stand and perform small surgeries
    JMC Ambulance type B which has a higher roof for paramedics to stand and perform small surgeries
  • A head made from donated human tissue at the Body Museum
    A head made from donated human tissue at the Body Museum
  • Anna Sattler, physio therapist at Spinefitter, demonstrates exercises to make mobilisation easier for the spine and loosen the muscles
    Anna Sattler, physio therapist at Spinefitter, demonstrates exercises to make mobilisation easier for the spine and loosen the muscles
  • Shotaro Sekiya sits in a Cryobath at -117ºC
    Shotaro Sekiya sits in a Cryobath at -117ºC
  • Visitors flocked the 48th edition of Arab Health 2023 which will conclude on Thursday
    Visitors flocked the 48th edition of Arab Health 2023 which will conclude on Thursday

Arab Health: Sustainability now a 'driving factor' for global health industry


Patrick Ryan
  • English
  • Arabic

Sustainability is now a priority for the healthcare sector, experts said at the Arab Health conference.

With many governments putting sustainability to the forefront of their agendas, the regional general manager of GE Healthcare said it was "something we all have to do".

Ashish Koshy, chief executive of G42 Healthcare, said sharing data was vital to advance sustainability in health care.

Andrew Bowie, UK minister for exports, said his government was fully committed when it came to implementing sustainable healthcare practice.

“Sustainability is at the forefront of our government’s thinking,” Mr Bowie said, speaking on the sidelines of the event at Dubai World Trade Centre.

“Everything we do now from a department of international trade perspective involves investing in green trade.

“We are investing in green technology and exporting it around the world and the UAE matches our ambition there.”

Andrew Bowie, UK minister for exports, at Arab Health in Dubai on Monday afternoon.
Andrew Bowie, UK minister for exports, at Arab Health in Dubai on Monday afternoon.

He was speaking at the UK pavilion at Arab Health where he said his country’s presence at the event made perfect sense given its long-standing relationship with the UAE.

“These two countries [UAE and the UK] have a connection and partnership that’s one of the oldest in the region. We want to build on that,” said Mr Bowie.

“We are determined to not only continue investing in the UAE but to use that as a launchpad to take British technology out into the wider world.”

He said having access to better care at home was one way in which sustainable healthcare could thrive.

“Mobile technology will prevent people having to travel as far, reducing that person’s carbon footprint in the process,” he said.

“That’s just one example but it plays into a much bigger picture.

“The UAE and the UK are closely aligned with Cop28 coming up later this year.”

Sharing data

The chief executive of one of the UAE’s top healthcare firms said lessons learnt from the Covid-19 pandemic would play a key role in promoting sustainability.

“Data is critical for companies using artificial intelligence,” said Ashish Koshy, chief executive of G42 Healthcare. "We learnt from the pandemic the value of data-driven decisions.

“We were able to use a single centralised platform to see if individuals were positive for Covid-19 or not.

“It was important to have all that under one roof rather than multiple agencies working across different platforms making uninformed decisions.”

Ashish Koshy, chief executive of G42 Healthcare at Arab Health on Monday. Chris Whiteoak / The National
Ashish Koshy, chief executive of G42 Healthcare at Arab Health on Monday. Chris Whiteoak / The National

There are still challenges that need to be overcome before sustainability goals can be fully realised, Mr Koshy added.

“Governments and entities need to fully buy into sharing data and that’s a barrier that still needs to be broken,” he said.

“Once that happens you will see a positive change.”

Hady El Khoury, regional general manager of GE Healthcare, said sustainable practices were the only realistic course open to healthcare providers.

“Having a clean environment and a healthy world go hand in hand,” he said.

“Sustainability is not a choice, it’s something we all have to do.”

He gave the example of his own company’s new MRI machine which uses significantly less energy.

“The MRI machine we are showcasing today uses 80 per cent less helium consumption than standard models,” he said.

“Helium is a natural resource so we need to use less of it.”

Gas is a crucial component of most MRI machines but supplies of the non-renewable element are running low, meaning the healthcare industry has had to look for alternatives.

Going grey? A stylist's advice

If you’re going to go grey, a great style, well-cared for hair (in a sleek, classy style, like a bob), and a young spirit and attitude go a long way, says Maria Dowling, founder of the Maria Dowling Salon in Dubai.
It’s easier to go grey from a lighter colour, so you may want to do that first. And this is the time to try a shorter style, she advises. Then a stylist can introduce highlights, start lightening up the roots, and let it fade out. Once it’s entirely grey, a purple shampoo will prevent yellowing.
“Get professional help – there’s no other way to go around it,” she says. “And don’t just let it grow out because that looks really bad. Put effort into it: properly condition, straighten, get regular trims, make sure it’s glossy.”

6 UNDERGROUND

Director: Michael Bay

Stars: Ryan Reynolds, Adria Arjona, Dave Franco

2.5 / 5 stars

Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

Sarfira

Director: Sudha Kongara Prasad

Starring: Akshay Kumar, Radhika Madan, Paresh Rawal 

Rating: 2/5

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

Specs

Engine: 3.0L twin-turbo V6
Gearbox: 10-speed automatic
Power: 405hp at 5,500rpm
Torque: 562Nm at 3,000rpm
Fuel economy, combined: 11.2L/100km
Price: From Dh292,845 (Reserve); from Dh320,145 (Presidential)
On sale: Now

How to get exposure to gold

Although you can buy gold easily on the Dubai markets, the problem with buying physical bars, coins or jewellery is that you then have storage, security and insurance issues.

A far easier option is to invest in a low-cost exchange traded fund (ETF) that invests in the precious metal instead, for example, ETFS Physical Gold (PHAU) and iShares Physical Gold (SGLN) both track physical gold. The VanEck Vectors Gold Miners ETF invests directly in mining companies.

Alternatively, BlackRock Gold & General seeks to achieve long-term capital growth primarily through an actively managed portfolio of gold mining, commodity and precious-metal related shares. Its largest portfolio holdings include gold miners Newcrest Mining, Barrick Gold Corp, Agnico Eagle Mines and the NewMont Goldcorp.

Brave investors could take on the added risk of buying individual gold mining stocks, many of which have performed wonderfully well lately.

London-listed Centamin is up more than 70 per cent in just three months, although in a sign of its volatility, it is down 5 per cent on two years ago. Trans-Siberian Gold, listed on London's alternative investment market (AIM) for small stocks, has seen its share price almost quadruple from 34p to 124p over the same period, but do not assume this kind of runaway growth can continue for long

However, buying individual equities like these is highly risky, as their share prices can crash just as quickly, which isn't what what you want from a supposedly safe haven.

How to help

Donate towards food and a flight by transferring money to this registered charity's account.

Account name: Dar Al Ber Society

Account Number: 11 530 734

IBAN: AE 9805 000 000 000 11 530 734

Bank Name: Abu Dhabi Islamic Bank

To ensure that your contribution reaches these people, please send the copy of deposit/transfer receipt to: juhi.khan@daralber.ae

The specs

Engine: 2.0-litre 4cyl turbo

Power: 261hp at 5,500rpm

Torque: 405Nm at 1,750-3,500rpm

Transmission: 9-speed auto

Fuel consumption: 6.9L/100km

On sale: Now

Price: From Dh117,059

MOUNTAINHEAD REVIEW

Starring: Ramy Youssef, Steve Carell, Jason Schwartzman

Director: Jesse Armstrong

Rating: 3.5/5

Anghami
Started: December 2011
Co-founders: Elie Habib, Eddy Maroun
Based: Beirut and Dubai
Sector: Entertainment
Size: 85 employees
Stage: Series C
Investors: MEVP, du, Mobily, MBC, Samena Capital

Company%20profile
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Company%20profile
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20Belong%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Michael%20Askew%20and%20Matthew%20Gaziano%3Cbr%3E%3Cstrong%3ESector%3A%3C%2Fstrong%3E%20Technology%3Cbr%3E%3Cstrong%3ETotal%20funding%3A%3C%2Fstrong%3E%20%243.5%20million%20from%20crowd%20funding%20and%20angel%20investors%3Cstrong%3E%3Cbr%3ENumber%20of%20employees%3A%3C%2Fstrong%3E%2012%3C%2Fp%3E%0A
Dubai Bling season three

Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed 

Rating: 1/5

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. 

Name: Peter Dicce

Title: Assistant dean of students and director of athletics

Favourite sport: soccer

Favourite team: Bayern Munich

Favourite player: Franz Beckenbauer

Favourite activity in Abu Dhabi: scuba diving in the Northern Emirates 

 

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%3A%20%3C%2Fstrong%3EMascotte%20Health%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2023%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EMiami%2C%20US%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFounder%3A%3C%2Fstrong%3E%20Bora%20Hamamcioglu%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EOnline%20veterinary%20service%20provider%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EInvestment%20stage%3A%3C%2Fstrong%3E%20%241.2%20million%20raised%20in%20seed%20funding%3C%2Fp%3E%0A
Milestones on the road to union

1970

October 26: Bahrain withdraws from a proposal to create a federation of nine with the seven Trucial States and Qatar. 

December: Ahmed Al Suwaidi visits New York to discuss potential UN membership.

1971

March 1:  Alex Douglas Hume, Conservative foreign secretary confirms that Britain will leave the Gulf and “strongly supports” the creation of a Union of Arab Emirates.

July 12: Historic meeting at which Sheikh Zayed and Sheikh Rashid make a binding agreement to create what will become the UAE.

July 18: It is announced that the UAE will be formed from six emirates, with a proposed constitution signed. RAK is not yet part of the agreement.

August 6:  The fifth anniversary of Sheikh Zayed becoming Ruler of Abu Dhabi, with official celebrations deferred until later in the year.

August 15: Bahrain becomes independent.

September 3: Qatar becomes independent.

November 23-25: Meeting with Sheikh Zayed and Sheikh Rashid and senior British officials to fix December 2 as date of creation of the UAE.

November 29:  At 5.30pm Iranian forces seize the Greater and Lesser Tunbs by force.

November 30: Despite  a power sharing agreement, Tehran takes full control of Abu Musa. 

November 31: UK officials visit all six participating Emirates to formally end the Trucial States treaties

December 2: 11am, Dubai. New Supreme Council formally elects Sheikh Zayed as President. Treaty of Friendship signed with the UK. 11.30am. Flag raising ceremony at Union House and Al Manhal Palace in Abu Dhabi witnessed by Sheikh Khalifa, then Crown Prince of Abu Dhabi.

December 6: Arab League formally admits the UAE. The first British Ambassador presents his credentials to Sheikh Zayed.

December 9: UAE joins the United Nations.

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

MATCH INFO

Championship play-offs, second legs:

Aston Villa 0
Middlesbrough 0

(Aston Villa advance 1-0 on aggregate)

Fulham 2
Sessegnon (47'), Odoi (66')

Derby County 0

(Fulham advance 2-1 on aggregate)

Final

Saturday, May 26, Wembley. Kick off 8pm (UAE) 

Updated: February 01, 2023, 7:07 AM