DHA, DIEZ partners to nurture investment opportunities in city’s healthcare sector
Dubai Health Authority (DHA) has signed a Memorandum of Understanding (MoU) with Dubai Integrated Economic Zones Authority (DIEZ), to promote cooperation and coordination between the two sides to enhance investment opportunities in Dubai’s healthcare sector, support the formation of healthcare start-ups, and develop innovative technological solutions.
This aligns with the Dubai Economic Agenda D33 agenda, which was recently announced by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai.
The MoU signing took place at an official ceremony on the sidelines of the DHA’s participation in the Arab Health 2023.
The MoU was signed by Dr. Mohammed Al Zarooni, Executive Chairman of DIEZ, and Awadh Seghayer Al Ketbi, Director-General of DHA, in the presence of officials and employees from both sides.
As part of the partnership, which aims to enhance the private health sector’s investments in Dubai and consolidating the sector’s role in the ongoing development of health facilities, the two sides will cooperate to prepare an integrated action plan to support the development and establishment of start-up companies, specialising in the healthcare sector.
This is in addition to enabling entrepreneurs and companies to benefit from the Startup Incubation Programme and other initiatives that support SMEs operating in DIEZ’s free zones, all of which seeks to protect the intellectual property and commercial brands of both existing and new investors.
Additionally, the two sides will develop a special framework to pinpoint the innovation standards of healthcare start-ups in Dubai, and will create a supportive platform to offer expertise, guidance, and research to attract investment opportunities in the field of healthcare technology, all in line with future needs and available capabilities.
The partnership will also promote expertise and knowledge exchange in the field of developing business systems for licensing start-ups approved for testing research prototypes in Dubai healthcare facilities.