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Arab Gulf States To Spend $60 Billion In Health Care Sector By 2025: FT Reports

Arab states that include Saudi Arabia, Qatar, the United Arab Emirates, Kuwait, Bahrain and Oman will triple health spending to $60 billion by 2025, according to Financial Times (FT). In October 2008, the Saudi Arabian General Investment Authority said it would privatize or outsource the management of all 218 government-owned hospitals. Another 2,000 hospitals or clinics now being constructed may also be privately handled.

Opportunities abound for overseas players like major US teaching institutions. Meanwhile, the Gulf states are also struggling with a system of health care reform.

According to FT, the Arab Gulf states are investing in expensive medical technologies such as gastric bypass surgery using robotic techniques– for their many obese children.