The rapid growth of Saudi Arabia's pharmaceutical market was placed under the spotlight at the CPhI Middle East and Africa as latest industry data reveals it is expected to be valued at $10.74 billion by 2023. The event, sponsored by the Ministry of Health and Prevention (MoHaP), returned to the Abu Dhabi National Exhibition Centre(ADNEC) from September 16-18 explored the rapid reform of Saudi Arabia's healthcare system at both regulatory and service provision levels. According to new research ahead of…

The UAE Cabinet recently made a decision to expand the list of excise taxable products to include sweetened beverages, sugary drinks and electronic smoking devices, starting from January 1, 2020. The decision to add a tax of 50 percent is part of efforts to reduce consumption of unhealthy goods and modify consumers' behavior, state news agency WAM reported. A statement released by the Cabinet General Secretariat read, "The decision comes to suppor t the UAE government's efforts to enhance public…