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Tuesday, 17 August 2010 11:32 |
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 In a report released by KFH Research Limited about the future status of the healthcare sector in the GCC, the experts expected the healthcare market to triple within the coming years to reach $55bn in 2020, indicating several factors will increase the demand of this market which is estimated now at $18bn.
The rapid growth in population rate and the increment of expenditure per capita in the GCC on healthcare is considered to be the most important factors.
The report indicates that the estimated value of healthcare projects in the coming future in GCC will reach $10bn.
The report highlights the limited role of the private sector in the GCC in this sector, as its contribution from the general expenditure will not exceed 25%.
The report briefed the important role of the private sector while the GCC governments won't be able to handle all healthcare expenditures alone in the coming years. The report details follow:
The Sector's Reality Worldwide
The global healthcare economy is growing faster than global GDP, with its share of world GDP rising to 9.7% in 2007 from 9.2% in 2000.
This represents a growth of more than 40% in the world's healthcare expenditure over the 5-year period, adjusted for inflation.
Healthcare sectors in emerging markets, in particular, are recording robust growth driven by rising costs, ageing populations, increased burden of diseases and antiquated healthcare systems, all of which are forcing fundamental changes in their healthcare systems. |
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Read more... [Kuwait Finance House research report: Healthcare cost in GCC expected to reach $55bn in 2020]
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Tuesday, 13 April 2010 11:29 |
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 Jazeera Airways, the Middle East's regional carrier, today announced its further expansion into the regional market with the launch of non-stop flights to Lahore - the airline's first destination in Pakistan.
Beginning from 12 May 2010, Guests can fly three times a week from Kuwait to the capital city known as the 'cultural heart of Pakistan' on Monday, Wednesday and Friday.
Jazeera Airways CEO, Stefan Pichler commented: "This is an important destination for us, specifically enabling those working away from home in Kuwait or the Middle East to travel home and visit family and friends. And Jazeera makes visiting loved ones that bit easier and more convenient due to the efficiency of our timings."
The launch of the Lahore destination comes as part of Jazeera's recent network expansion, which includes flights this summer to some of the region's most desirable holiday spots at the best value fares available in the market. These destinations include Antalya, Turkey's hill-top resort, Hurghada, Egypt's popular Red Sea diving and beach resort and the green oasis of Salalah in Oman.
Jazeera Airways currently operates a fleet of 11 new Airbus A320s. Each aircraft is fitted with the airline's signature leather seating, while the Jazeera Business Class cabin offers business travellers a little extra convenience including easy booking, special check-in counters, 40 kilograms baggage allowance, access to airport lounges and exclusive in-flight service and entertainment. The airline flies to destinations in the Middle East, North Africa, Turkey, Iran and Pakistan.
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Sunday, 14 June 2009 14:05 |
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KUWAIT CITY, June 13: The Ideal Mother Committee Chairperson Sheikha Fareeha Al-Ahmad Al-Sabah has recommended that all TV programs which depict immorality and have negative impact on the society, particularly the youth, must be stopped, reports Al-Shahed daily. Sheikha Fareha made this statement during a seminar which was organized by the daily entitled “Efforts made by Kuwait to Fight Negative Phenomena”. She called for strategy to be laid down to help the youth spend their leisure time reasonably and responsibly instead of allowing them to be destructive and cause harm to the country. She called upon civil organizations to cooperate with the government to get rid of negative phenomena in the society.
She noted these phenomena are alien to the Kuwaiti culture. She urged the National Assembly to enact a bill that will curb bad habits in the youth such as alcohol consumption and drug addiction. She warned parents of the dangers of overlooking the activities of their children. She said parents should guide and counsel their children from time to time. She grieved over the rate at which travesty and devil worship is spreading among the youth. Some of our leaders complain without taking practical steps to wipe out this undesirable scenario from our society, she indicated. We should help the government to establish medical centers to cure what she called negative habits, and to rehabilitate delinquent youths because some of them desire to change but they need help, the social activist advised.
Source: Arab Times
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Tuesday, 20 January 2009 14:26 |
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KUWAIT CITY, Jan 19: The parliamentary Public Utilities Committee on Monday elected MP Dr Mohammad Al-Huwailah as chairman, after he got three votes against his rival MP Abdulaziz Al-Shayeji who got only two votes. Revealing the committee had discussed more than 40 draft bills and proposals after the elections, Al-Huwailah said the committee referred a draft bill on the establishment of Boubyan Port to the Environment Committee for further study. He added the committee will seek clarification from the concerned ministers on the presence of bachelors in private residential areas and problems on the drainage system in Kuwait, especially during the rainy season.
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Last Updated on Tuesday, 24 February 2009 13:05 |
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Read more... [Panel to check on bachelors in "private residential areas]
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Sunday, 18 January 2009 17:28 |
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KUWAIT, Jan 17, (KUNA): Kuwaiti youth oppose vehemently the extremely high dowries and wedding expenses amid an economic and social downturn in the society due to the current economic crisis, according to a recent academic survey. Dowry is always a bone of contention among the families of bride and bridegroom, said the survey, carried out by the Kuwait University. Young men are more critical of rising dowries than girls, the study entitled “Social Value of Dowries in Kuwaiti Society”, showed. It highlighted the reality of dowries in Kuwait and their relative significance and social impacts, calling for taking into consideration gender differences and social and cultural changes.
The survey involved a sample of 700 men and women aged between 20 and 56 from different areas in the six Kuwaiti governorates. It showed that 78 percent of the sample viewed dowries as exorbitantly high, 82.4 percent considered dowry as the key problem in surging wedding expenses, while 28.1 percent believed that Kuwaiti girls pay too much heed to dowry. The respondents are mostly dissatisfied with dowries, with 85.7 percent of the sampled men and 70 percent of the sampled women believing that dowries are too high.
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Last Updated on Tuesday, 24 February 2009 13:07 |
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Read more... [Rising dowries key problem in failed marriages – survey]
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