Dubai Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum said he approved the Dubai Longevity Authority’s strategy, which aims to contribute more than Dh35 billion to Dubai’s economy over the next decade.
The strategy targets annual growth of around 31 per cent, marking a new phase in Dubai’s ambition to shape the future of health and become a global centre for healthy longevity, Sheikh Hamdan added. The emirate’s efforts in healthy longevity will span research and development, clinical trials, manufacturing, and aim to reach global markets. The initiative will both enhance quality of life, and unlock new opportunities for investment and growth, the statement read.
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The authority is the world’s first dedicated regulator for the Longevity, Wellness and Advanced Health (LWAH) sector, according to a statement from Dubai Media Office. During the inaugural board meeting of the authority, Sheikh Hamdan also approved its operating budget.
Every step we take, every partnership we build and every innovation we enable ultimately serves one purpose: serving humanity.”
Dubai Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum
MVP programme
The Dubai Longevity Authority has a Minimum Viable Product (MVP) programme, which is a controlled environment for selected innovators to test, learn and scale under supervision.
The DLA aims to deepen its regulatory capability and advance the MVP programme in the future, working with key government entities and relevant federal authorities. Its focus will expand to strategic partnerships, investor enablement, and globally operable frameworks for data and intellectual property, alongside the first market-facing initiatives, according to Dubai Media Office.
Source: Khaleej Times
