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The Kingdom of Saudi Arabia accounts for In addition to the demographic and epidemiological driving factors, the transition to an increasingly privatized and comprehensive healthcare system will drive the demand for both patented and generic drugs. Some goals include plans to expand the privatization of government services, incorporate health IT and digital records, double the number of qualified Saudi nurses by , and increase the number of licensed medical facilities from 40 to by Return to Top.
Although American exporters are not required to appoint a local Saudi agent or distributor to sell to Saudi companies, it is strongly recommended that all new-to-market United States U. Foreign investors may now fully-own, operate, and manage all types of healthcare institutions, except for specialist clinics.
Moreover, officials at the Saudi Arabian General Investment Authority SAGIA and the Saudi Ministry of Health are currently working together to implement a unified regulatory licensing system governing healthcare Foreign Direct Investment FDI in the Saudi market, to attract more international healthcare providers and improve the performance of all healthcare providers in Saudi Arabia. These changes are expected to significantly increase FDI and accelerate the growth of the Kingdom's healthcare market.
Two local companies take full advantage of this situation. Labeling and marking requirements are compulsory for any products exported to Saudi Arabia. Current M arket Trends. Type 2 diabetes has a In turn, those figures have been the key drivers for demand for various equipment and services, namely:. The public sector dominates the supply of healthcare services in Saudi Arabia and accounts for most healthcare expenditures.
The latest figures suggest that the bed capacity for institutions run by the Ministry of Health will almost reach 73, beds by and the private sector will add 13, beds, raising its capacity to 26, by , while other government organizations will total 20, beds in The number of hospital beds currently stands at 68, for all hospitals in Saudi Arabia and the number is expected to grow to , beds by Currently, the healthcare budget stipulates the construction of 36 new hospitals 8, beds and two medical cities 2, beds that are expected to be completed by the end of The Ministry is expected to build an additional 18 hospitals with a bed capacity of 9, over the next two years.
The Saudi market is completely dependent on imports for medical devices; U. European suppliers are aggressively gaining market share due to their proximity to the market and perceived better customer support. On the other hand, the pharmaceuticals sector is characterized by a growing domestic manufacturing base, mainly for generic and Over the Counter OTC drugs, as well as licensing arrangements with branded research-based foreign innovative drug manufacturing firms.
Nonetheless, government policies are biased in favor of domestic producers, providing them with exemptions, including interest-free funding, subsidized utility charges, and no import duties on raw materials and intermediate products. Reg istration Process. Reim bursement. The Ministry provides primary healthcare PHC services through a network of healthcare centers throughout the Kingdom. The MOH also undertakes the overall supervision and follow-up of healthcare related activities carried out by the private sector.
The private sector provides health services through its health facilities including hospitals, dispensaries, laboratories, pharmacies and physiotherapy centers throughout the Kingdom. Saudis and public sector expats are eligible for a comprehensive package of benefits including public health, preventive, diagnostic, and curative services and pharmaceuticals with few exclusions and no cost sharing. Most services, including state of the art cardiovascular procedures, organ transplants, and cancer treatments including bone marrow transplants are covered.
In , health insurance was made compulsory for all non-Saudi nationals working in the country under the Cooperative Health Insurance Act. In , this act was extended to include Saudi nationals working for the private sector.
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Enforcement mechanisms for this compulsory coverage regime include fines for non-compliant companies and a refusal to renew working permits without insurance. By mid, mandatory health insurance for all Saudi and non-Saudi employees and their families in the private sector became effective, as the Government is moving towards privatizing healthcare services. As a result of this privatization program, around 20 million Saudi citizens will need insurance coverage by Commercial Disputes Settlement : In the past, dispute settlement in Saudi Arabia has proven to be time-consuming and uncertain.
Saudi commercial law is still developing, but in the Saudis took the positive step of joining the New York Convention of on the Recognition and Enforcement of Foreign Arbitral Awards. However, recently the Saudi Government demonstrated several improvements to the quality of commercial legal proceedings and established access to alternative dispute resolution mechanisms. Awards rendered by the SCCA can be enforced in local courts, though judges remain empowered to reject enforcement of provisions they deem non-compliant with sharia law.
Business Visas : Saudi Arabia has begun to implement a decree stating that sponsorship for certain business visas is no longer required. Most business visas are valid for multiple entries valid for five years. However, visa fees are considered costly.
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Finally, Saudi Arabia has introduced new tourist visas starting on September 27, The Saudi legal system protects and facilitates acquisition and disposition of all property rights, including intellectual property. In , the Violations Review Committee created a website and has populated it with information on current cases. Although intellectual property protection has steadily increased in the Kingdom, intellectual piracy remains a problem. The office has since streamlined its procedures, hired more staff, and reduced this backlog. Protection is available for product and product-by-process.
The term of protection was increased from 15 years to 20 years under the new law, but patent holders can no longer apply for a routinely granted five-year extension. Trademarks are protected under the Trademark Law. The Rules for Protection of Trade Secrets came into effect in How eharmony a dating site helping men online dating site for a real relationship.
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However, be warned it is eye watering expensive for what you get! I think I've paid more here than I did in Tokyo!!
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The service was very warmth and the place is very homey, I can say that their shrimp blast was the best version I've ever had in Riyadh as well as the quality of the sushi was superb among others. The best part was the live cooking the kids enjoyed it and we will definitely come back.
Own or manage this property? Claim your listing for free to respond to reviews, update your profile and much more. Log in to get trip updates and message other travelers. Excellent Hibachi and Sushi! Review of Tokyo. Improve this listing. Ranked 20 of 1, Restaurants in Riyadh. Certificate of Excellence.
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Description: In October , Tokyo restaurant opened its doors as the first Japanese restaurant in the Kingdom of Saudi Arabia catering authentic Japanese dishes concocted with the finest and freshest ingredients, highlighting a value-oriented Japanese cuisine. Reviewed April 24, via mobile. Date of visit: April Ask cbragg49 about Tokyo. Write a review Reviews Traveler rating. Show reviews that mention.