Mubadala Healthcare Contributes to Achieving Abu Dhabi's Vision 2030 Objectives

Abu Dhabi, UAE: 23 May, 2013 - The Emirate of Abu Dhabi continues to invest in healthcare facilities as part of its Vision 2030 plan to develop a robust, world class healthcare system and Mubadala Healthcare plays an instrumental role in the implementation of this plan, according to Suhail Mahmood Al Ansari, Executive Director, Mubadala Healthcare.

Al Ansari was speaking during a lecture at a knowledge-sharing platform organized by Masdar Institute of Science and Technology. The lecture was attended by top officials from the government and private sector in the UAE, international healthcare industry leaders, as well as faculty and students from Masdar Institute.

Dr Fred Moavenzadeh, President, Masdar Institute, said: "The lecture follows a successful knowledge-sharing initiative that was organized earlier this month under the framework of developing Abu Dhabi's human capital. We thank the country's leadership for supporting us to play an important role in strengthening the knowledge development in the UAE and we believe the knowledge exchange will benefit all stakeholders."

Al Ansari said: "Mubadala Healthcare's network of facilities and services are helping to address the region's most pressing healthcare needs. These facilities, coupled with the clinical expertise of our globally renowned medical partners, help to enable the delivery of the highest standards of care, safety and patient experience."

According market research firm Frost and Sullivan, the global medical tourism industry is worth US$100 billion with a fifth of healthcare seekers worldwide originating from the Arab world. A research report by Euromonitor International indicates that the UAE's medical tourism market, worth US$1.58 billion (AED5.8 billion) in 2012, is expected to grow a further 6.5 per cent to US$1.69 billion in 2013.

Such signs reflect the presence of a growing number of globally-renowned healthcare providers in the GCC region, especially the UAE. Mubadala Healthcare alone has eight facilities offering healthcare in a range of primary and specialty care areas, through collaborations with medical organizations like Imperial College London and Cleveland Clinic. 

Al Ansari added: "The UAE's healthcare needs continue to grow and Mubadala Healthcare continues to place great importance on the development of healthcare professionals. Their commitment to providing world class care will play a critical and long term role in sustaining the Emirate's healthcare system and will help to keep citizens and residents from having to travel overseas for medical care."

Serving as a key pillar of innovation and human capital, Masdar Institute remains fundamental to Masdar's core objectives of developing Abu Dhabi's knowledge economy and finding solutions to humanity's toughest challenges such as climate change.

Established as an on-going collaboration with the Massachusetts Institute of Technology (MIT), Masdar Institute integrates theory and practice to incubate a culture of innovation and entrepreneurship, working to develop the critical thinkers and leaders of tomorrow.  With its world-class faculty and top-tier students, the Institute is committed to finding solutions to the challenges of clean energy and climate change through education and research.

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About Masdar Institute
Masdar Institute of Science and Technology (Masdar Institute) was established by the government of Abu Dhabi as a not-for-profit, private graduate university to develop indigenous R&D capacity in Abu Dhabi addressing issues of importance to the region.

In collaboration with the Massachusetts Institute of Technology (MIT), Masdar Institute has developed an academic and research platform that articulates its mission and vision according to critical energy and sustainability challenges.

An important characteristic of Masdar Institute is its focus on complex real-world problems that require a multidisciplinary approach for the development of solutions from an integrated technology, systems and policy perspective. This multi-interdisciplinary and integrated approach is supported by the structure of its academic programs and by the emphasis placed on engaging external partners from industry, government, and other academic institutions in collaborative activities.

Masdar Institute offers degrees in:

  • MSc Engineering Systems and Management

  • MSc Computing and Information Science

  • MSc Materials Science and Engineering

  • MSc Mechanical Engineering

  • MSc Water and Environmental Engineering

  • MSc Microsystems Engineering

  • MSc Electrical Power Engineering

  • MSc Chemical Engineering

Please visit our website www.masdar.ac.ae/

About Mubadala Healthcare
Mubadala Development Company (Mubadala) is a catalyst for the economic diversification of the Emirate of Abu Dhabi. The company's commercial strategy is built on the management of long-term, capital-intensive investments that deliver not only strong financial returns but tangible social benefits for the people of Abu Dhabi. In doing so, Mubadala is expanding the economic base of the Emirate and in turn, significantly contributing to the growth and diversification of the Abu Dhabi economy.

As a business unit of Mubadala, Mubadala Healthcare plays an instrumental role in the creation of a thriving healthcare sector for the Emirate. By establishing partnerships with renowned international medical institutions, it is actively investing to develop healthcare services that provide patients with world-class treatment in the UAE.

Mubadala Healthcare prioritizes the region's most pressing healthcare needs through the creation of specialist healthcare facilities. Through collaborations with medical organizations such as Johns Hopkins Medicine International, Imperial College London and Cleveland Clinic, Mubadala Healthcare is bringing the highest standards of clinical expertise to the region and reducing the need for patients to travel abroad for treatment.

Mubadala Healthcare evaluates potential projects both on their likely commercial returns as well as on their socio-economic impact. It aims to establish sustainable businesses, build regional capability and stimulate the overall development of the sector.

For more information contact:
Name: Bader Al Zarei
Director - Communications
Public Affairs Department
Email: balzarei@masdar.ac.ae
Phone: +971 02 8109372

© Press Release 2013