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    Ministry signs agreement to support Oman’s honey industry

    Ministry signs agreement to support Oman’s honey industry

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    Local, Italian companies partner up to establish food retail chain in Egypt

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    Egypt’s agriculture minister stresses importance of boosting intra-regional trade cooperation among African states

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    Azerbaijan, Iraq discuss prospects of relations

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    Oman inks pack to bolster role of SMEs in food systems

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    MAFWR, Port of Duqm sign MoU

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      Egypt’s Trade minister, Hungarian ambassador discuss economic relations

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      Turkey eyes $5bn bilateral trade with Qatar

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      Local, Italian companies partner up to establish food retail chain in Egypt

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      Madayn working on major Oman industrial city projects

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      Foundation stone laid for new 700-bed hospital is Salalah, Oman

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      Iraq set to award new Faw Port deals

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      Miral’s premier Abu Dhabi waterfront project work on track

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      Aecom wins Neom utilities infrastructure design contract

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        Investments in renewables in Egypt reach LE6 bn: Official

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        Acwa Power inks finance deals for 900MW Dubai solar park

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          Coronavirus: UAE conducting human trials for Covid-19 vaccine

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          Egyptian COVID-19 drug to be on market in two weeks: Health Ministry

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          COVID-19 vaccine could be available by autumn: Oxford University

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          Qatar has ‘solid’ line-up of infrastructure, hospitality projects to prepare for large influx of visitors in 2022: OBG

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          Saudi to be among world’s big leisure tourism hubs by 2030

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          Quarantine rule to give a boost to Qatar’s hospitality industry in Q3: CWQ report

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          Ministry signs agreement to support Oman’s honey industry

          Ministry signs agreement to support Oman’s honey industry

          Local, Italian companies partner up to establish food retail chain in Egypt

          Local, Italian companies partner up to establish food retail chain in Egypt

          Egypt’s agriculture minister stresses importance of boosting intra-regional trade cooperation among African states

          Egypt’s agriculture minister stresses importance of boosting intra-regional trade cooperation among African states

          Azerbaijan, Iraq discuss prospects of relations

          Azerbaijan, Iraq discuss prospects of relations

          Oman inks pack to bolster role of SMEs in food systems

          Oman inks pack to bolster role of SMEs in food systems

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          MAFWR, Port of Duqm sign MoU

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            Egypt’s Trade minister, Hungarian ambassador discuss economic relations

            Turkey eyes $5bn bilateral trade with Qatar

            Turkey eyes $5bn bilateral trade with Qatar

            Iraq set to award new Faw Port deals

            Iraq set to award new Faw Port deals

            Deal signed to set-up first factory in Qatar to assemble electric vehicles

            Deal signed to set-up first factory in Qatar to assemble electric vehicles

            Railway line to be built between Mosul, Turkey: governor of Nineveh

            Railway line to be built between Mosul, Turkey: governor of Nineveh

            Local, Italian companies partner up to establish food retail chain in Egypt

            Local, Italian companies partner up to establish food retail chain in Egypt

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            Madayn working on major Oman industrial city projects

            Foundation stone laid for new 700-bed hospital is Salalah, Oman

            Foundation stone laid for new 700-bed hospital is Salalah, Oman

            Iraq set to award new Faw Port deals

            Iraq set to award new Faw Port deals

            Egypt implements 164 service and development projects at LE4.8 billion in North Sinai

            Egypt implements 164 service and development projects at LE4.8 billion in North Sinai

            Miral’s premier Abu Dhabi waterfront project work on track

            Miral’s premier Abu Dhabi waterfront project work on track

            Aecom wins Neom utilities infrastructure design contract

            Aecom wins Neom utilities infrastructure design contract

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              Investments in renewables in Egypt reach LE6 bn: Official

              Investments in renewables in Egypt reach LE6 bn: Official

              Egypt signs 8 gas exploration contracts worth $934mn over 15 months

              Egypt signs 8 gas exploration contracts worth $934mn over 15 months

              JGC lands $3.7bn Iraq refinery upgradation project deal

              JGC lands $3.7bn Iraq refinery upgradation project deal

              Tadweer opens phase 2 of solar power plant at Al Dhafra

              Tadweer opens phase 2 of solar power plant at Al Dhafra

              France to help Iraq generate electricity, will invest in education, science: Macron

              France to help Iraq generate electricity, will invest in education, science: Macron

              Acwa Power inks finance deals for 900MW Dubai solar park

              Acwa Power inks finance deals for 900MW Dubai solar park

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                Coronavirus: UAE conducting human trials for Covid-19 vaccine

                Coronavirus: UAE conducting human trials for Covid-19 vaccine

                COVID-19 vaccine could be available by autumn: Oxford University

                GSK to develop plant-based COVID-19 vaccine with Canada’s Medicago

                Egyptian COVID-19 drug to be on market in two weeks: Health Ministry

                Egyptian COVID-19 drug to be on market in two weeks: Health Ministry

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                UAE sends medical aid to Iraq to fight COVID-19

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                UAE launches phase III trial of inactivated Covid vaccine

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                COVID-19 vaccine could be available by autumn: Oxford University

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                Qatar has ‘solid’ line-up of infrastructure, hospitality projects to prepare for large influx of visitors in 2022: OBG

                Saudi to be among world’s big leisure tourism hubs by 2030

                Saudi to be among world’s big leisure tourism hubs by 2030

                Qatar’s hospitality sector peaks despite turbulent 2020

                Qatar’s hospitality sector peaks despite turbulent 2020

                Accor inks deal to manage first Swissôtel-branded hotel and residential project in Qatar

                Accor inks deal to manage first Swissôtel-branded hotel and residential project in Qatar

                Staycations to stimulate Qatar’s hospitality sector

                Staycations to stimulate Qatar’s hospitality sector

                Quarantine rule to give a boost to Qatar’s hospitality industry in Q3: CWQ report

                Quarantine rule to give a boost to Qatar’s hospitality industry in Q3: CWQ report

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              Oman invests in modernizing its health care sector

              Oxford Business Group

              September 23, 2013
              in Healthcare
              0

              The health care sector in Oman is set to undergo a major expansion, with both the government and the private sector investing in new “medical cities” as well as developing a number of smaller hospitals.

              The government offers free health care to all citizens, but the last major public hospital was completed some 20 years ago. Since the population has expanded by nearly 50% over the past decade, investments in health care are needed to keep pace.
               
              This increase in demand has been met in part by a rising number of private sector providers. In 1995 the Sultanate had just one private hospital with six beds, compared to today when Omanis have a choice of seven facilities with a combined bed capacity of 279.
               
              “Health care in Oman is going through a transitional stage,” Nigel R Weale, project director and Oman country manager at United Medical Group, which runs Muscat Private Hospital, told OBG last year. “Certainly the private sector landscape looks much different from five years ago, as there are more facilities and treatment options from which patients may choose.”

              By far the largest private sector development on the horizon is the International Medical City (IMC) in Salalah, which will cover an area of 866,000 sq meters and include a health care complex, a health care resort and educational facilities. Within the complex will be a 530-bed multi-specialty hospital.
               
              In the planning stages for several years, the IMC is being developed by Apex Medical Group, a subsidiary of Saudi Arabia’s Al Joaib Group, which is expected to invest around $1bn in the project. Construction is set to begin in 2014.
               
              Although the facility will serve Omanis, the IMC will also seek to attract patients from around the world. As the president of Apex Medical Group, Abdulla Al Joaib, explained, “The trend towards medical tourism continues to gain in popularity with the number of people travelling abroad for medical treatments – especially from the Middle East – growing rapidly.”

              The IMC is expected to open in 2016, but it will not be the only such facility in the Sultanate for long. The Ministry of Health (MoH) recently announced the formation of a supervisory committee to oversee the development of the Sultan Qaboos Medical City (SQMC) in Batinah, which is expected to cost roughly $1.5bn.

              One of the committee’s first actions will be to select a consultant to work with the government in developing the project.
               
              Like the IMC, the SQMC will be much more than a hospital, and investment opportunities will exist for the development of residential space and shopping malls, with the medical city expected to cover some 5m sq meters.

              Ahmed Al Qasmi, director-general for planning at the MoH, recently stated that he expected the government to float the tender to build the SQMC later this year.

              The two medical cities may be the largest health care projects under way, but many smaller public facilities will also be built throughout the Sultanate as part of Oman’s Health Vision 2050.

              Although the Health Vision 2050 is a long-term plan that could change significantly as it moves forward, it also has short-term goals where investments have already begun. In early August the government floated tenders to build five new general hospitals with bids due later this year.
               
              Benefiting from a recent rise in its oil revenues, the government is in a position to make significant investments in infrastructure throughout the Sultanate, and with the demand population growth is placing on facilities, health care has become a major focus. The projects under way represent a significant opportunity for investors, not only in the initial construction, but also in the management and operation of the facilities well into the future.
              Oxford Business Group
              22 September

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