The UAE healthcare sector is witnessing more investment and job opportunities, according to a UAE healthcare provider.
Thumbay Moideen, Founder President, Thumbay Group of Companies, said he is planning to open hospitals and clinics in different parts of the UAE and outside – an investment worth Dh1.2 billion.
Moideen told Emirates24|7 that the number of staff in his group is expected to increase from the current about 4,000 employees to about 15,000 by 2021. The group’s expansion plans will create more than 10,000 job opportunities by 2021, he added.
Akbar Moideen, Vice-President of the Healthcare Division at Thumbay Group, said the group currently runs four hospitals and is building six new hospitals and 12 clinics in the UAE, Qatar, Egypt, India and other countries.
Thumbay Group is investing Dh1.2 billion in expanding its network of healthcare institutions – hospitals, medical universities, clinics and pharmacies – to help meet the demand that will see the development of 420 new establishments in the next four years, Akbar said.
The UAE healthcare sector is poised to grow at 12.1 per cent per year from an estimated $40.3 billion in 2015 to $71.3 billion in 2020, he said quoting recent reports.