Dubai is fast developing into a major centre of knowledge, creativity and innovation. Businesses quickly establish themselves in the Emirate and the Science sector is no exception. The upcoming Dubai Expo 2020 will help to raise Dubai’s profile not only as a tourist destination but also as a thriving business community.
Dubai Science Park is dedicated to contributing to the growth of the regions healthcare sector and to addressing the medical needs of the region. The healthcare sectorin the UAE is projected to reach AED69.37bn (USD18.90bn) by 2019 and international healthcare firms are increasingly looking to expand to the UAE.
The UAE plans to increase its investment in the agriculture sector abroad; these actions complement the UAE’s commitment to sustainable development. Advances in the sector are providing much needed local jobs and increasing the Gulf’s role in meeting world food demand, which is expected to increase 70% by 2050.
The global halal food industry is forecast to be worth $1.6 trillion by 2018. Muslim consumers spend over $1 trillion on food and more than $26 billion on cosmetics and personal care products worldwide.
Energy and the Environment
The Dubai Integrated Energy Strategy 2030 (DIES) was deployed in 2011 to set the strategic direction for Dubai towards securing sustainable supply of energy and enhancing demand efficiency of water, power and fuel. Dubai has also supported environmental science by implementing new ways to conserve water and harness solar energy for the good of the environment and future generations.