logo
#

Latest news with #Butova

Russian-speaking investors open 30 clinics in Dubai since 2023, fueling healthcare boom
Russian-speaking investors open 30 clinics in Dubai since 2023, fueling healthcare boom

Arabian Business

time03-03-2025

  • Business
  • Arabian Business

Russian-speaking investors open 30 clinics in Dubai since 2023, fueling healthcare boom

Dubai's healthcare sector is experiencing an unprecedented wave of investment from Russian-speaking professionals, with 30 new clinics established by investors from the Commonwealth of Independent States (CIS) since 2023, an industry player said. Besides, as many as 150 Russian-speaking healthcare professionals joined the city's medical workforce in 2024 alone, according to Dubai-based relocation services company Volna. The trend is attributed to Dubai's reputation as a global healthcare hub and a preferred destination for Russian-speaking expatriates and high-net-worth individuals (HNWIs). It is also driven by a supportive business environment and a growing demand for specialized medical services, Volna said. The demand for relocation services among Russian-speaking healthcare professionals is growing, with Volna receiving 9,000 relocation requests in 2024 alone, the company said. Besides, about 500 professionals are actively preparing for qualification exams to practice in Dubai, it said, adding that the trend highlights a sustained interest in career opportunities in the UAE's booming healthcare industry. Dr Ksenia Butova, Founder and CEO of Volna, said Dubai has become a premier destination for medical professionals and healthcare entrepreneurs from the CIS region. 'The city's investor-friendly policies and increasing demand for high-quality medical services are driving this trend,' Butova said. Though the UAE, like the rest of the world, is reportedly facing a shortage of skilled healthcare professionals, the country remains one of the top global destinations for medical tourism, with significant potential for growth. The medical tourism market, valued at $31.91 billion in 2023, is projected to expand to $52.87 billion by 2027, as per GlobalData.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store