Speaking at the opening ceremony, ambassador of the Republic of Korea to the UAE, Yoo Jehseung referred to President Yoon Suk Yeol of the Republic of Korea’s comment that “National health cannot be exchanged for anything, and political diplomacy and economic industrial policies are all secondary to national health.” Yoo said, “I hope that Korea and the United Arab Emirates will be of great help in protecting the lives and health of the people by enhancing cooperation in health care.”
At the event, the Korea-UAE government's policy to foster AI and digital medical industries and cases of clinical use of AI and digital technologies in hospitals were presented.
In particular, over 65 business partnership consultations were conducted at the same time between 10 Korean digital and AI companies on the latest digital and AI medical technologies and products. The consultation amount is expected to reach $3.7 million, which will serve as an opportunity for Korean digital and AI companies to enter the UAE and Middle East market.
Lee Youngho, director general of KHIDI UAE office said, “It is quite unusual for more than 65 digital and AI medical companies and government institutions to gather together in the UAE. Major countries that are advanced in the filed of medicine, including the UAE, are pursuing strategies to reflect digital and AI technology trends in their medical systems. As of 2022, the digital healthcare global market is estimated to be more than $223.5billion, and the UAE government is also promoting digital innovation across the healthcare sector (UAE: Digital innovation to accelerate across healthcare sector). Through this conference, we hope many companies with digital and AI healthcare technology to enter the UAE,” he said.