9 Hrs
Source:
الاقتصادية
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Saudi Arabia and Portugal boost healthcare collaboration
The healthcare partnership between Saudi Arabia and Portugal aims to broaden the scope of cooperation to include investments, healthcare technologies, and innovation, with the goal of transforming agreements into practical projects and long-term investments. The two sides have signed a new memorandum of understanding focused on digital health, artificial intelligence, genomics, clinical trials, and medical technologies, thereby enhancing opportunities for collaboration in research and development and healthcare system management. This comes amid significant changes in the Saudi healthcare sector as part of Vision 2030, with increased government spending and expanded private partnerships, all aimed at improving the quality of healthcare services and the efficiency of spending. Portugal also sees the Saudi market as a platform to access European and African markets, while Saudi Arabia is focused on localizing technology and building local supply chains. This mutual outlook strengthens economic and investment cooperation between the two countries.
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