Content type

UAE 2024 Consumer Outlook: Strong Recovery In Oil Economy Feeds Through To Consumer Segments

Consumer & Retail / United Arab Emirates / Tue 20 Feb, 2024

Key View

  • The UAE is forecast to have lower inflation and cost of borrowing which will bode well for real consumer spending in 2024, as well as an expanding youthful population. 
  • The Central Bank of the UAE will continue to follow the US tightening cycle, holding base rate at 5.40% until at least H124, before gradually cutting the rate by
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Quick View: Globalpharma and Tabuk Pharma Partnership Will Boost UAE’s Pharmaceutical Self-Sufficiency

Pharmaceuticals / United Arab Emirates / Thu 08 Feb, 2024

The Latest: On February 5 2024, two of the largest pharmaceutical companies within the Gulf Cooperation Council (GCC) region, Saudi Arabia-based Tabuk Pharmaceuticals and UAE-based Globalpharma, owned by Dubai Investments, entered into an agreement to commence the local production of key pharmaceutical products in the UAE. This collaboration

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GCC Food Security: The UAE Looks To Land Acquisitions, Trade Deals And Domestic Agtech To Mitigate Food Supply Risks

Agribusiness / United Arab Emirates / Fri 03 Nov, 2023

Key View

  • We expect that food security will remain high on the policy agenda in the GCC in light of recent shocks to global agricultural trade flows, associated with the Covid-19 pandemic, the Russia-Ukraine war, and India’s rice export restrictions, which have accentuated its external vulnerabilities, as well as longer-run structural strains
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Expanding Healthcare Investments And Digital Transformation In The UAE Offer Growth Prospects For The Medical Device Market

Medical Devices / United Arab Emirates / Thu 02 Nov, 2023

Key View

  • The UAE's medical device market will record mid-single-digit CAGR growth over the next five years, benefitting from increasing healthcare budget allocations.
  • Ongoing national artificial intelligence and genomic strategies in the UAE will drive strong demand for diagnostics over the medium-to-long term.
  • The UAE will continue to
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Increased Healthcare Spending And Robust Regulatory Framework Will Strengthen The UAE’s Position As A Pharmaceutical Hub

Pharmaceuticals / United Arab Emirates / Wed 18 Oct, 2023

Key View

  • The UAE’s increased healthcare spending will strengthen the pharmaceutical sector; however, it will remain dependent on medicine imports in the near-to-medium term.
  • The newly established UAE Drug Corporation will further attract multinational pharmaceutical companies.
  • The UAE and Saudi Arabia will help drive the Middle East and
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