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RIYADH: ������Ƶ is driving efforts to close the $2.8 trillion global connectivity gap and shape artificial intelligence governance as it hosts the 25th Global Symposium for Regulators.

The event, organized with the International Telecommunication Union, opened Sept. 1 at the King Abdulaziz International Conference Center in Riyadh under the theme “Regulation for Sustainable Digital Development.” 

It convenes regulators and industry leaders from 190 countries, reinforcing the Kingdom’s push to advance digital inclusion under Vision 2030.

The summit follows a UNCTAD World Investment Report 2025 showing digital infrastructure investments remain heavily concentrated in advanced economies, leaving developing nations struggling with access and affordability gaps.

At the opening, Haytham Al-Ohali, acting governor of the Communications, Space and Technology Commission, said the event marks a milestone as the GSR turns 25 and the ITU celebrates its 160th anniversary, the Saudi Press Agency reported.

Al-Ohali described ������Ƶ as “a hub for dialogue and innovative digital regulation.”

“Today we are in the era of artificial intelligence, and we have a golden opportunity to shape the future of humanity for the next 160 years and beyond, building on our successes and joint efforts that have culminated in connecting more than two-thirds of humanity to date,” SPA quoted him as saying.

Despite progress, 2.6 billion people remain unconnected, Al-Ohali said, noting a joint CST-ITU study estimates $2.6 trillion to $2.8 trillion is required to close the digital divide — including $1.7 trillion for connectivity and infrastructure alone, triple the 2020 projection.

The Kingdom, he added, has already made strides, with the digital economy contributing 15 percent of gross domestic product, over 380,000 technology jobs created, and women’s participation in the sector climbing from 7 percent in 2018 to 35 percent, surpassing G20 and EU benchmarks.

ITU Secretary-General Doreen Bogdan-Martin said, “This 25th GSR is both a celebration and a recommitment — to put people and planet at the heart of digital frameworks, to ensure technology bridges divides, and to make our digital future safe, inclusive, and sustainable for all.” 

She noted that the next 25 years will be determined by the frameworks “we establish, the trust we build, and the decisions we make together.” 

On X, Bogdan-Martin highlighted the urgency of regulatory innovation, writing: “The question before us — how regulators can act as digital ecosystem builders — could not be timelier. Because with digital tech transforming every part of life, regulators need to keep pace. They must shift mindsets, adopt new tools, and deepen collaboration.”

Cosmas Zavazava, director of the ITU’s Telecom Development Bureau, praised the Kingdom for hosting the event, noting that it will enhance the resilience of digital infrastructure, attract long-term investments, and provide advanced economic analysis tools aligned with global best practices.

On the sidelines, Minister of Communications and Information Technology Abdullah Al-Swaha met with Bogdan-Martin to discuss joint efforts to expand digital inclusion, boost entrepreneurship, and build AI-driven growth models.

“Both sides reaffirmed their commitment to advancing the digital economy, fostering digital skills, empowering digital entrepreneurship, and boosting partnership in connectivity and inclusion, alongside the Kingdom’s leading initiatives aimed at empowering people and safeguarding the planet,” SPA reported.

Al-Ohaly attended the meeting, where both sides discussed enhancing digital economy growth, developing digital skills, enabling digital entrepreneurship, and ������Ƶ’s initiatives for human empowerment and environmental protection.

The event continues with technology exhibitions showcasing ������Ƶ’s Vision 2030 digital leadership and policy workshops advancing the new inclusion framework.

It comes as ������Ƶ aims to become a global digital leader following its appointment to the UN’s ITU digital regulation network board. Internet use in the Kingdom reached 99 percent in 2024.

GSR-25 will close with a resolution outlining regulatory principles for the post-digital era, based on participants’ insights and session recommendations.

The GSR, held annually, is the world’s leading forum for regulators and industry leaders to exchange insights on digital innovation and regulatory frameworks.

RIYADH: ������Ƶ and the UAE accounted for almost all investment activity in the Gulf’s healthcare sector over the past four years, underscoring the region’s growing appeal to investors, according to JLL. 

The two countries were behind nearly 92 percent of the almost 400 transactions recorded in the Gulf Cooperation Council between 2021 and April 2025, the professional services firm said in its latest report. 

The UAE led with 198 deals, followed closely by ������Ƶ with 170. 

JLL said the trend reflects both markets’ push to expand healthcare infrastructure under national transformation programs, including ������Ƶ’s Vision 2030 and the UAE Ministry of Health and Prevention’s 2023–2026 strategy. 

In August, consultancy firm Research and Markets projected the GCC healthcare innovation market to grow from $121.9 billion in 2025 to $170.5 billion by 2030. 

“The GCC healthcare sector presents a dynamic and rapidly evolving investment landscape with exceptional growth potential across the healthcare value chain,” said Sandeep Sinha, head of healthcare and life sciences advisory at Middle East and Africa at JLL. 

“For investors, this creates multiple entry points for capital, spanning digital health innovations and infrastructure development that ensure sustainable returns while advancing health outcomes,” he added. 

Demographics and digitalization 

JLL highlighted demographic expansion, government-led initiatives, and a surge in digital health adoption as key drivers of growth. A health-conscious, tech-savvy youth population is driving demand for preventive care, wellness services, and digital health solutions, while an ageing population is increasing demand for geriatric care and chronic disease management. 

“By 2030, projections indicate the region’s population will reach 69.92 million, creating unprecedented demand for comprehensive healthcare services across all specialities,” said JLL. 

National transformation programs are also acting as powerful catalysts, actively injecting direct capital and fostering public-private partnerships, the report added.

Under Vision 2030, ������Ƶ aims to modernize and improve the Kingdom’s healthcare system by implementing new technologies. The program also seeks to increase private-sector participation to achieve national health goals and ensure everyone has access to high-quality care. 

JLL further said that advanced digital infrastructure in ������Ƶ and the UAE is improving patient access and efficiency, with initiatives such as the UAE’s Riayati platform and ������Ƶ’s unified Electronic Health Records system leading to a structural transformation in how healthcare services are conceived, delivered, and accessed. This provides a strong foundation for both domestic and foreign investors. 

“As the market matures, investors are prioritizing strong value propositions, supported by sustained government commitment to develop world-class medical facilities, reinforcing the sector’s position as a strategic investment priority,” said Sinha. 

The shift toward patient-centered care models is another growth driver, increasing spending on patient interaction platforms, premium facilities, and advanced diagnostic technologies that promote holistic patient experiences. 

According to JLL, the digitalization wave sweeping across the healthcare ecosystem has accelerated strategic partnerships with global technology leaders, fueling investments in health-tech innovations such as telemedicine and arrtificial intelligence-powered diagnostics. 

In June, during the BIO International Convention, ������Ƶ signed more than a dozen high-impact memoranda of understanding between its leading health institutions and international biotechnology and healthcare organizations. 

During the convention, King Faisal Specialist Hospital and Research Center partnered with US-based Germfree to localize cleanroom and laboratory manufacturing, while King Abdullah International Medical Research Center formalized a collaboration with California-based Illumina in genomics research. 

Deal landscape 

Early-stage investments concentrated on health-tech and outpatient services across wellness, mental health, beauty and skin care, and home care sectors. Meanwhile, 28 percent of mergers and acquisitions activity focused on hospitals and clinics, reflecting ongoing industry expansion and consolidation. 

According to market intelligence firm Tracxn, the GCC healthcare sector witnessed total funding of more than $1.13 billion, with the largest funding in 2016 at $324 million. In 2024, the sector attracted $255 million, up from $2 million in 2023 and $63.3 million in 2022. 

JLL reported 170 early-stage funding rounds and 91 M&A deals between 2021 and April 2025. During this period, major sovereign wealth funds, including Mubadala and ADQ, led strategic acquisitions of companies such as Diabtec, Gulf Inject, and Well Pharma Medical Solutions. 

The report added that the initial public offering landscape in the GCC healthcare sector is also maturing, leveling off following a sharp increase in 2021 and 2022. 

“This reflects strong investor interest, with healthcare providers, medical suppliers, and pharmaceutical companies leading market activity. Market analysts expect more IPOs soon due to impending economic concerns, such as the US tariffs and forecasts of lower oil prices in 2026,” said the report. 

The GCC region saw 27 IPOs between 2021 and April 2025. A major healthcare IPO in 2025 was ������Ƶ’s Almoosa Health, which raised $450 million. 

Future outlook 

The report outlined trends likely to strengthen the GCC healthcare investment landscape. Investments targeting digital health solutions and telemedicine platforms are expected to grow, with larger funding rounds for established digital health players.
 
The health-tech sector is projected to mature further, driving increased M&A as larger entities acquire successful startups to integrate innovative solutions. JLL also anticipates accelerated AI and data analytics adoption, with capital directed toward solutions that improve diagnoses, optimize treatment, and enhance operational efficiency. 

Investment momentum is also expected to shift toward preventive healthcare frameworks and personalized medicine, including genetic testing, longevity-focused clinical programs, health monitoring technologies, and smart health coaching platforms. 

“The future of healthcare investment in the GCC region isn’t just about financial returns — it’s about contributing to a fundamental transformation of regional healthcare delivery that will impact millions of lives for generations to come,” said JLL.