Key View

• Slower economic performance will contain medical device market growth in the UAE, projected at 4.8% in 2019 and 5.7% in 2020.
• Investment in healthcare infrastructure will support medical device import recovery in 2020.
• The UAE will remain an important regional base for medical device re-exports.

Key View

• Growing concerns of excess supply in Dubai’s residential building sector risk impacting wider sectoral sentiment and would lead to a downward revision to our already mediocre forecast for the United Arab Emirate’s construction sector.
• The emirate’s upcoming hosting of the World Expo 2020 and the entailed attention property

Key View

• Favourable business conditions in the UAE and strong investment in healthcare will ensure robust pharmaceutical market growth.
• The government will continue to have a tough, multi-pronged approach to drug pricing to ensure that the needs of health stakeholders are met.
• Technology will become increasingly important in improving health

Key View

• The goal of the UAE to significantly reduce non-communicable diseases by 2021 provides opportunities for drugmakers.
• Innovative drugmakers will seek to boost their presence in the country, owning to a favourable regulatory and patent protection regime.
• High health spending and streamlined regulation process will be offset by a small

Key View

• The US approval of Roche's Rozlytek for the treatment of ROS1-positive non-small cell lung cancer as well as a site-agnostic cancer indication, highlights the shifting paradigm of cancer treatment.
• Rozlytrek will provide significant competition for Bayer's Vitrakvi, through pricing and Roche's presence in the oncology market.
• The

Key View:

• We at Fitch Solutions have significantly revised down our UAE real GDP growth forecast for 2020, to 2.9% from 3.7% previously.
• Persistently low oil prices will likely prompt a rollover of OPEC-led oil production cuts beyond their current March 2020 expiry date, keeping the UAE’s oil sector growth weak.
• While non-oil sectors will