Our Market:

Al Nahda mainly operates in Abu Dhabi, the largest emirate in the United Arab Emirates (UAE). As the sixth largest oil producer in OPEC benefiting from approximately 10 per cent of the world’s oil reserves, the UAE had a GDP of U.S. $339 billion in 2011, giving it one of the highest per capita GDPs (U.S. $50,390) in the world. Within the UAE, Abu Dhabi accounted for approximately 65 per cent of GDP in 2011, and contains 94 per cent of the UAE’s proven oil reserves. Abu Dhabi is in the process of diversifying its economy away from oil revenues.

The Healthcare sector is one of the fastest growing sectors in the UAE and it is expected to continue to grow as it benefits from this dynamic economic environment. The trends in the sector include:

  • A population that is growing and rapidly ageing: according to Global Insight, the population of the UAE is projected to increase by a CAGR of 1.7 per cent from 2010 to 2030, while the population over 65 years of age is projected to increase by CAGR of 9.2 per cent over that same period.
  • An increasing incidence of lifestyle-related medical conditions: lifestyle diseases and conditions such as diabetes, obesity, cancer and neuropsychiatric conditions tend to occur more frequently in wealthier countries such as the UAE. In particular, with respect to diabetes and obesity, in 2011, the UAE was in the top 10 countries in terms of the percentage of its population that was defined as obese (30.4 per cent), and in the top five countries in terms of the percentage of population with diabetes (18.9 per cent), according to the International Diabetes Foundation Report (5th Edition, 2012 Update).
  • Service gaps in the current healthcare market: The Healthcare Authority of Abu Dhabi (HAAD) has identified services for which the current supply does not meet demand in the Emirate. These include OBGYN, paediatrics, neonatology, cardiology, oncology, intensive and critical care medicine, emergency medicine and psychiatry.
  • Growth in the privately insured population outside of the Emirate of Abu Dhabi: other Emirates, such as Dubai and Sharjah, have announced plans to implement healthcare reforms, such as mandatory health insurance, which has led to higher per capita medical claims in the Emirate of Abu Dhabi since its introduction in 2007 (with substantial increases in expenditure on medical care in the years following its implementation).

In 2007, the Abu Dhabi Government established HAAD to regulate the quality and affordability of healthcare services in the Emirate. Among other initiatives, HAAD is focused on increasing transparency, by publishing industry-wide KPIs to provide patients with an objective source of information for use in choosing a healthcare provider. HAAD, in its 2011 report, ranked Al Noor at the forefront of services providers in terms of our quality of care and patient satisfaction.