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  • Biotechnology and Digital Health in Saudi Arabia and the UAE

    Biotechnology and Digital Health in Saudi Arabia and the UAE

    Introduction

    The Gulf Cooperation Council (GCC) is fast emerging as a global leader in biotechnology and digital health. This growth is driven by the unique mix of demographic pressures, economic diversification goals, and health security imperatives experienced in these countries. Saudi Arabia and the UAE are leading the sector’s regional expansion: Saudi Arabia’s recent launch of its National Biotechnology Strategy envisions a contribution of US$34.6 billion to non-oil GDP by 2040, while the UAE’s digital health market is forecast to grow by over 23 percent by 2030, pushing the sector to approximately US$2.65 billion in value.

    The expansion of such initiatives strengthens GCC countries’ reputations for delivering high-quality healthcare for both locals and expatriates and aligns with wider economic transformation agendas. The biotechnology industry and health tourism sector are lucrative opportunities with estimated values of US$1.5 trillion and US$8.7 billion, respectively.

    The biotechnology industry and health tourism sector are lucrative opportunities with estimated values of US$1.5 trillion and US$8.7 billion, respectively.

    However, while intensive public and private investment in initiatives such as digital health partnerships, national genome programmes, and AI-driven diagnostics mark major progress, the sector still faces bottlenecks in research infrastructure and data governance. Consolidating these advances through stronger coordination with research institutions and developing comprehensive health data governance frameworks will be key to turning early gains into lasting global leadership. 

    Diseases of modernity: rising wealth, sedentary lifestyles and ageing populations

    The Gulf states face a health paradox common to high-income societies: economic gains have brought prosperity and longevity, but also a surge in non-communicable diseases. The WHO estimates that around 74 million people in the Eastern Mediterranean live with diabetes, with prevalence rates in the GCC reaching up to 20 percent. At the same time, life expectancy has risen dramatically from 60 years in the late 1970s to around 83 years in 2025 in the UAE, with similar trends observed across the five other GCC states. This puts increasing pressure on both hospitals and home-based care services, given that 80 percent of healthcare needs typically occur post-retirement age.

    To meet these needs, states are seeking to implement new technologies within their healthcare offerings. Saudi Arabia’s Digital Health Strategy and Roadmap explicitly includes remote monitoring, virtual clinics, and the integration of telehealth as priorities under Vision 2030 and related health transformation programmes, incorporating technologies that can provide more accessible healthcare to citizens who may have limited mobility. This is also particularly important given Saudi Arabia’s large population and vast geography, as it enables care delivery to more people without extensive travel. In the UAE, ambitions for the health sector outlined in Vision 2021 and the more recent We the UAE 2031 consist of enhancing quality of life and specialised care offerings by continuing to develop an innovative, state-of-the-art healthcare system. As such, the Department of Health’s (DOH) Policy on Digital Health identifies technologies such as “telemedicine, web-based analysis…  wearable devices, and clinic or remote monitoring sensors” as essential for early diagnostics and care management.

    Next-generation sequencing and AI are being deployed to analyse population-wide genetic data, identifying variants linked to rare and hereditary disease.

    Alongside these efforts, the GCC is deepening its focus on gene mapping and preventative health. The Gulf’s high consanguinity rate among local populations has been a concern for decades, prompting Saudi Arabia to institute a law requiring pre-marital genetic testing in 2002 — the first such law in the region, subsequently adopted across all GCC states. Building on this foundation, targeted testing between couples has now been expanded as governments work to map entire populations. Next-generation sequencing and AI are being deployed to analyse population-wide genetic data, identifying variants linked to rare and hereditary disease. Such projects are essential to the development of “precision medicine”, in which the patient’s specific genetic profile is used to inform and optimise treatment plans rather than relying on generalised clinical guidelines. These programmes also address the Eurocentric bias in earlier datasets, creating population-specific genetic baselines that strengthen diagnostic accuracy.

    These initiatives position Gulf countries as leaders in data-driven healthcare, advancing Vision 2030 and We the UAE 2031 goals for economic diversification and improved quality of life. The UAE’s medical tourism market alone was valued at US$334.9 million in 2024, projected to reach US$975 million by 2032. By expanding biotechnology and digital health, both countries aim to extend life expectancy and ease pressure on healthcare systems as populations expand and age.

    Building momentum: investment, research and data regulation

    Biotechnology and digital health initiatives in the GCC are benefiting from significant levels of government commitment and capital investment. The healthcare-focused private equity company Quadria Capital recently allocated a quarter of its latest US$1 billion fund to the GCC, specifying digital health as a key sub-sector for growth and marking the region as a strategic hub for next-generation healthcare innovation. Saudi Arabia’s flagship Global Health Exhibition saw approximately US$13.3 billion in announced healthcare investment in 2024, and has dedicated a considerable tranche of activities and discussions to the topic of “Digital Health” for the upcoming 2025 edition in late October. In the UAE, the Abu Dhabi Department of Health and the Abu Dhabi Investment Office (ADIO) recently signed an MoU with GSK to establish a medical institute in the emirate, focused on integrating genomics data to advance cancer research. Another strength for the region is the positive reaction that genome projects have received from citizens. Because such projects necessitate a vast amount of data, the voluntary participation of citizens is an essential component. Public support is likely thanks in part to the existence of genetic testing as a pre-marital requirement, in addition to strong public messaging and education campaigns in both the UAE and Saudi Arabia that emphasise the transformative potential of AI’s algorithmic analyses and its central place in the GCC’s future economies.

    To ensure long-term competitiveness in medical tourism and biotechnology, GCC countries should expand research capacity alongside treatment infrastructure.

    However, challenges related to research capacity and infrastructure, which are uneven across the region, remain. While Abu Dhabi’s Masdar City and Dubai Science Park are key host centres for life sciences firms working in genomics and digital health, most clinical research remains concentrated in only a handful of facilities. The UAE, for example, has only eight on-site research centres across its 168 inpatient facilities. This is also true of Saudi Arabia, where specialist institutions like King Abdullah International Medical Research Center (KAIMRC), King Abdullah University of Science and Technology (KAUST), and King Abdulaziz City for Science and Technology (KACST) are impressive, but relatively few in number compared to global leaders in life sciences innovation, such as the US and Switzerland. To ensure long-term competitiveness in medical tourism and biotechnology, GCC countries should expand research capacity alongside treatment infrastructure. Developing research ecosystems would likely attract more global talent while simultaneously increasing economic gains by driving high-value innovation. In addition, future policy development in the evolving landscape of global data governance must balance security with flexibility — strong enough to guard against high-profile data breaches that have become a persistent risk across the sector, yet open enough to encourage biotech investment. Focusing on research depth and trusted data systems will position the GCC as a secure and innovation-driven healthcare hub.

    Conclusion

    Over the past decade, the GCC — led by Saudi Arabia and the UAE — has laid the groundwork for a modern, innovation-driven healthcare landscape. Through large-scale investment in the sector, including digital health initiatives and national genome programmes, the region is positioning itself as a global hub for precision medicine and data-driven health innovation. These initiatives address the challenges of population growth, increased life expectancy, and lifestyle-related diseases while supporting broader diversification goals under Vision 2030 and We the UAE 2031. Yet, progress remains uneven, particularly in research infrastructure and regulatory coherence — areas that will determine whether current momentum translates into lasting global influence.

    The strong investment trends in the wider sector should be matched by greater allocations toward building specialised research institutions to enable the region to generate original medical advances.

    Given that it is the UAE’s ambition to become a global destination for specialised care and Saudi Arabia’s mission to further encourage a competitive environment among healthcare providers, research capacity must become a priority. The strong investment trends in the wider sector should be matched by greater allocations toward building specialised research institutions to enable the region to generate original medical advances. In addition, GCC countries should seek to continuously advance and refine their health data regulations while avoiding overburdening market actors with excessive compliance duties, thereby balancing investor confidence with robust safeguards for privacy and ethical use.


    This commentary was originally appeared on ORF Middle East.

    The views expressed above belong to the author(s). ORF research and analyses now available on Telegram! Click here to access our curated content — blogs, longforms and interviews.

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  • Priteesmita Bhoi wins gold; creates new clean and jerk world record

    Priteesmita Bhoi wins gold; creates new clean and jerk world record

    India’s Priteesmita Bhoi created a new weightlifting world youth record on Sunday by successfully lifting 92kg in the clean and jerk section of the girls’ 44kg category at the Asian Youth Games 2025 in Manama, Bahrain.

    The record mark earned…

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  • Save up to $140 on Galaxy Buds 3 Pro sans trade-in at these merchants

    Save up to $140 on Galaxy Buds 3 Pro sans trade-in at these merchants

    The Galaxy Buds 3 Pro are phenomenal earbuds, which have one huge downside — a hefty price tag. Yep, these may be Samsung’s best earbuds yet, but they cost a pretty penny, as…

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  • Pamela Anderson’s Floral Dress Steals the Show at the Sonsie Pop-up

    Pamela Anderson’s Floral Dress Steals the Show at the Sonsie Pop-up

    On Saturday afternoon, Pamela Anderson attended her vegan beauty brand Sonsie’s SoHo pop-up in a floral look, which felt right at home with the store’s garden-inspired interior.

    Dressing on-theme, the “Baywatch”…

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  • Sydney Sweeney Wants to Surprise People With Her Project Choices

    Sydney Sweeney Wants to Surprise People With Her Project Choices

    Sydney Sweeney‘s résumé in the last few years has spanned rom-com, horror, action, thriller and now sports drama — and that’s exactly how she likes it.

    At Hollywood’s AFI Fest on Saturday, the star debuted Christy, which tells

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  • Germany grapples with bird flu as some 400,000 animals culled

    Germany grapples with bird flu as some 400,000 animals culled

    More than 30 commercial poultry farms in Germany have culled their animals amid avian influenza, German animal health institute said Sunday.

    According to initial surveys, around 400,000 chickens, ducks, geese and turkeys…

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  • Critical Connections: Diagnosis of Epstein-Barr Virus (EBV)-Positive Nasopharyngeal Carcinoma-Associated Hemophagocytic Lymphohistiocytosis

    Critical Connections: Diagnosis of Epstein-Barr Virus (EBV)-Positive Nasopharyngeal Carcinoma-Associated Hemophagocytic Lymphohistiocytosis

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  • Apple Rebrands Apple TV+, Reading Between the (Apple TV+ Rebranding) Lines, Crunching Some Numbers for Apple’s Sports Spending

    Apple Rebrands Apple TV+, Reading Between the (Apple TV+ Rebranding) Lines, Crunching Some Numbers for Apple’s Sports Spending

    Today’s Above Avalon Daily update includes the following stories:

    Hello everyone. This is going to be one of those weeks in which the schedule is a bit all over the place. For the past few days, I’ve been using and testing the updated Apple…

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  • Assessing Mizuho (TSE:8411) Valuation Following Recent Trading and Investor Attention

    Assessing Mizuho (TSE:8411) Valuation Following Recent Trading and Investor Attention

    Mizuho Financial Group (TSE:8411) shares have been catching investors’ attention following a modest move in recent trading sessions. With returns over the past month slightly negative, but up around 8% in the past 3 months, some are taking a closer look.

    See our latest analysis for Mizuho Financial Group.

    Mizuho Financial Group’s share price has cooled a bit in the last month, though the backdrop is still positive. Momentum has been building steadily, leading to a 25.74% year-to-date share price return and a striking 63.36% total shareholder return over the past year. This run has caught the market’s eye as investors weigh up growth potential against a changing risk profile.

    If you’re looking for fresh ideas beyond the top financial names, this could be the perfect opportunity to discover fast growing stocks with high insider ownership

    With shares pulling back just as fundamentals remain largely stable, the key debate is whether Mizuho is trading below its true value or if the market has already factored in all of its future growth potential.

    The most widely followed narrative values Mizuho Financial Group higher than its last close, suggesting the stock could be discounted relative to fair value. There appears to be alignment around strong fundamentals driving optimism, setting the stage for a deeper look at what is powering this view.

    Strategic acquisitions, partnerships, and cost-cutting initiatives aim to enhance competitive edge, improve efficiency, and expand revenue streams for Mizuho Financial Group. Diversifying revenue sources and enhancing shareholder returns through investments and buybacks could stabilize growth and elevate stock valuation.

    Read the complete narrative.

    Want to see how ambitious cost-cutting and bold expansion strategies combine to shift the valuation needle? The narrative leans on projections not typically seen for banks in this market environment. Curious what assumptions about earnings growth and margins drive this potential upside? Click through for the full methodology and numbers behind the headline value.

    Result: Fair Value of ¥5,231.82 (UNDERVALUED)

    Have a read of the narrative in full and understand what’s behind the forecasts.

    However, rising operational costs and the challenges of integrating new partnerships could put pressure on profitability and could disrupt the positive outlook for Mizuho.

    Find out about the key risks to this Mizuho Financial Group narrative.

    If you have a different view or want to examine the numbers firsthand, you can build your own perspective in just a few minutes using the same data. Do it your way

    A great starting point for your Mizuho Financial Group research is our analysis highlighting 4 key rewards and 1 important warning sign that could impact your investment decision.

    Expand your portfolio’s horizons and never miss your next big opportunity by checking out unique investment ideas that go beyond the familiar names.

    This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

    Companies discussed in this article include 8411.T.

    Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

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  • Evaluating Valuation as Baricitinib Advances Toward Expanded Approval for Adolescent Alopecia Areata

    Evaluating Valuation as Baricitinib Advances Toward Expanded Approval for Adolescent Alopecia Areata

    New data from the Phase 3 BRAVE-AA-PEDS trial highlights baricitinib’s strong performance in adolescents facing severe alopecia areata. Incyte (INCY) and Eli Lilly now plan to pursue global approvals for expanded use based on these results.

    See our latest analysis for Incyte.

    Incyte’s momentum has really picked up this year thanks to positive trial results and recent pipeline updates, such as its advances in atopic dermatitis and cancer immunotherapies. The stock’s strong 31% share price return since January, along with a 40% total shareholder return over the past year, signals renewed optimism about both its near-term growth and long-term potential.

    If Incyte’s clinical breakthroughs have you thinking bigger, this could be a smart time to discover See the full list for free.

    With such a run-up in the share price and a fresh wave of optimism, investors have to ask: does Incyte still offer significant upside from here, or has the market already priced in the expected growth?

    The most popular narrative among analysts puts Incyte’s fair value at $84.76, which is almost $6.50 below the recent closing price. This signals a view that current market optimism has gone a little too far. Let’s examine one of the biggest factors feeding this analyst consensus.

    Recent price target increases highlight optimism about Incyte’s commercial execution, particularly following positive updates on flagship therapies and confidence expressed by new leadership.

    Read the complete narrative.

    Want the story behind this valuation? Dive in for analysts’ bold projections on future profit margins, share growth, and a crucial earnings target that could make or break the investment case. The real surprise: see how a future multiple drives everything.

    Result: Fair Value of $84.76 (OVERVALUED)

    Have a read of the narrative in full and understand what’s behind the forecasts.

    However, overreliance on Jakafi and regulatory or competitive pressures could still cast doubt on Incyte’s long-term growth narrative.

    Find out about the key risks to this Incyte narrative.

    While analyst consensus sees Incyte as expensive at current prices, a fresh look using our SWS DCF model tells a different story. The DCF suggests Incyte could be significantly undervalued, with shares trading at a steep 44% discount to estimated fair value. Are the market and the model seeing something different, or is there an opportunity hiding in plain sight?

    Look into how the SWS DCF model arrives at its fair value.

    INCY Discounted Cash Flow as at Oct 2025

    Simply Wall St performs a discounted cash flow (DCF) on every stock in the world every day (check out Incyte for example). We show the entire calculation in full. You can track the result in your watchlist or portfolio and be alerted when this changes, or use our stock screener to discover undervalued stocks based on their cash flows. If you save a screener we even alert you when new companies match – so you never miss a potential opportunity.

    If you have your own perspective or want to dig deeper into the numbers, creating your personalized narrative is quick and straightforward. Do it your way

    A good starting point is our analysis highlighting 2 key rewards investors are optimistic about regarding Incyte.

    If you want to stay ahead of the market and uncover the next big opportunity, don’t stand on the sidelines. Let the right tools steer your portfolio.

    This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

    Companies discussed in this article include INCY.

    Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

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