Finance
UAE targets $100 billion economic boost by extending healthy lifespans

A new study shows the GCC loses $50 billion annually to chronic diseases, but boosting healthy life years could add $100 billion to the economy by 2030.
The UAE and wider Gulf region face a $50 billion annual economic burden due to non-communicable diseases, despite life expectancy now reaching nearly 80 years. A new analysis by Deep Knowledge Group, released on Sunday, 30 August, reveals that while the "battle for lifespan" has been won, a growing gap in "healthspan"—the years spent in good health—could cost the region billions in lost productivity. Closing the Healthy Life-Year Gap Research indicates that the Gulf loses approximately 4,186 more healthy life-years per 100,000 people compared to the OECD average. Major contributors to this disparity include diabetes, obesity, metabolic syndrome, and cardiovascular disease. Dmitry Kaminskiy, General Partner of Deep Knowledge Group, noted that much of the economic damage occurs among working-age individuals who remain employed but unwell, placing pressure on both corporate productivity and household finances. The study estimates that chronic diseases cost the GCC $20 billion in lost productivity and $30 billion in direct treatment costs annually. This combined $50 billion burden represents roughly 2.3% of the region’s economic output. However, the analysis suggests that adding just…
Source: Gulf News