UAE, Israel inks strategic cooperation deal for digital health solutions in the MENA region

HH Sheikh Tahnoon Bin Saeed Bin Shakhbout al Nahyan signed cooperation agreement with DHI 2048

DHI 2048established as a collaborative platform to drive collaboration among healthcare stakeholders in UAE and Israel

Over Two billion dollars to be deployed in the next four years on healthcare equipment, training and AI based technologies

Dubai, UAE, 24Aug 2021:HH Sheikh Tahnoon Bin Saeed Bin Shakhbout al Nahyan, chairman of Federal Group and Smart Vision for information technology signed cooperation agreement with Digital health innovation 2048 (DHI 2048) to streamline the adoption of best-in-class digital health products and innovative solutions from Israel.

DHI 2048organisationlaunched in UAEis the part of latest cooperationto strengthen the ties between the UAE and Israel, following the Abraham Accords signed last year on August 13, 2020. The official high-profile launch of DHI 2048, which was supported by Department of Tourism & Commerce Marketing (DTCM) was attended by ambassadors from UAE and Israel, officials from health ministries and authorities, and leaders in public and private healthcare administration.

HH Sheikh Tahnoon Bin Saeed Bin Shakhbout al Nahyan, Chairman of Federal Group and Smart Vision for information technology,said, "We are truly thrilled to announce the new cooperation between Smart Vision for Information Systems and Digital Health Innovation "DHI2048" which aims to digitize the delivery of healthcare services in the UAE. This cooperation shall open the doors for a newly digitized era of delivering healthcare-related services using Artificial Intelligence and Robotics in the region and shall in return reduce the time and effort spent to produce accurate results and further improve the quality of healthcare services."

Speaking at the launch event, Adiv Baruch - Chairman DHI 2048, talked about how advancement in digital solutions in healthcare will benefit everyone. The COVID-19 pandemic has accelerated many digital processes, leading to a growing need for cost-effective and efficient ways of healthcare delivery. He said, "the timely partnership between UAE and Israel will go way beyond and takes a hands-on approach to healthcare delivery across the MENA region. Deployment of Nanox systems, trainings and state-of-the-art AI technologies is just a start, and we aim to further accelerate the growth of health care sector with the support of our regional stakeholders"

The UAE-Israel collaboration will add huge value to the health sector, including both public and private hospitals. With the launch of DHI 2048, it is estimated that over two billion dollars will be deployed in the next four years. Joining hands with its Israeli partners; Nanoxand Illumigyn, the collaborative platform aims to install2100 Nanox systems in public and private hospitals, train the workforce including nurses, and deploy artificial technology to create a robust healthcare ecosystem. The introduction of this novel based technology is intended to promote the great mission of providing a worldwide end-to-end medical imaging solution that enables people to have early medical detection and better health

The healthcare ecosystem is witnessing a paradigm shift towards providing accessibility, helping affordability, and offering quality services to customers. UAE's health expenditure reached a value of USD15.0bn in 2020 and is expected to hit USD16.0bn in 2021, a 6.6% y-o-y increase. Further, it is estimated that spending will reach USD20.2b) by 2025, which translates to compound annual growth rate of 7.2%. *

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