Al-Sisi receives delegation from US Congress    Cairo investigates murder of Egyptian security personnel on Rafah border: Military spox    Egypt's President Al-Sisi to visit China, marking a decade of strategic partnership    Madinaty's inaugural Skydiving event boosts sports tourism appeal    Flexible financial system needed to accelerate SDGs in Africa: Al-Mashat at AfDB Annual Meeting    Russia to build Uzbek nuclear plant, the first in Central Asia    Egypt's PM visits Groupe SEB Egypt    Il Cazar Developments ventures into North Coast with 'Safia'    EU greenlights law to regulate methane in gas imports    East Asian leaders pledge trade co-operation    ECB set to cut rates, maintain restrictive policy for '24 – ECB's Lane    Gold prices rebound slightly on Monday    Abdel Ghaffar highlights health crisis in Gaza during Arab meeting in Geneva    Egypt aims to attract Dutch investments in green hydrogen sector    Tunisia's President Saied reshuffles cabinet amidst political tension    Hassan Allam Construction Saudi signs contract for Primary Coral Nursery in NEOM    Sushi Night event observes Japanese culinary tradition    US Embassy in Cairo brings world-famous Harlem Globetrotters to Egypt    Instagram Celebrates African Women in 'Made by Africa, Loved by the World' 2024 Campaign    US Biogen agrees to acquire HI-Bio for $1.8b    Egypt to build 58 hospitals by '25    Giza Pyramids host Egypt's leg of global 'One Run' half-marathon    Madinaty to host "Fly Over Madinaty" skydiving event    Coppola's 'Megalopolis': A 40-Year Dream Unveiled at Cannes    World Bank assesses Cairo's major waste management project    Egyptian consortium nears completion of Tanzania's Julius Nyerere hydropower project    Sweilam highlights Egypt's water needs, cooperation efforts during Baghdad Conference    Swiss freeze on Russian assets dwindles to $6.36b in '23    Egyptian public, private sectors off on Apr 25 marking Sinai Liberation    Debt swaps could unlock $100b for climate action    Amal Al Ghad Magazine congratulates President Sisi on new office term    Financial literacy becomes extremely important – EGX official    Euro area annual inflation up to 2.9% – Eurostat    BYD، Brazil's Sigma Lithium JV likely    UNESCO celebrates World Arabic Language Day    Motaz Azaiza mural in Manchester tribute to Palestinian journalists    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Emirates ranks 34 on Global Innovation Index
Sharifa Ghanem Published in Bikya Masr on 05 - 07 - 2011

DUBAI: The United Arab Emirates, currently attempting to strengthen and diversify its oil-dominated economy through new innovative approaches, has been ranked 34th on the Global Innovation Index — a benchmark established by leading International business school INSEAD to encourage innovation in the economic competitiveness.
Switzerland topped this year's GII ranking, with Sweden (second) and Singapore (third) following behind.
Leading telecom firm Alcatel-Lucent, Booz & Company, the Confederation of Indian Industry (CII), joined the business school as knowledge partners along with the World Intellectual Property Organization (WIPO), a specialized agency of the United Nations.
The GII includes 16 economies from the Middle East and North Africa, of which two—Qatar (26th) and the United Arab Emirates (34th) —are ranked among the top 40.
While other GCC economies are ranked in the top 60; Bahrain (46th), Kuwait (52nd), Saudi Arabia (54th) and Oman rising 8 places (57th).
Three countries from the region are within the bottom fifteen including the Syrian Arab Republic (115th), Yemen (123rd) and Algeria (125th).
“Innovation is critical to driving growth in both developed and emerging economies, especially during a time when the global economy is still in a state of recovery,” said Soumitra Dutta, Roland Berger Professor of Business and Technology at INSEAD and editor of the study, in a press statement.
“The GII has evolved into a valuable benchmarking tool to encourage private-public dialogue including policy-makers, business leaders and other stakeholders.”
BM

Clic here to read the story from its source.