New Market Study Published: Saudi Arabia Pharmaceuticals & Healthcare Report Q3 2012
BMI View: The Saudi Arabian government said it will increase its healthcare budget for 2012 by 26%. Though BMI remains slightly more conservative in our growth forecasts, we think the government's investment in the sector is very positive for the healthcare industry. Furthermore, the announcement and allocation of various tenders and contracts for health facility construction and fitting helps to dispel our fear that real public healthcare expenditure would not live up to the political rhetoric.
View full press release