INSEAD Day 4 - 728x90

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

UAE remains the most innovative Arab economy

  • GII 2022 said this edition’s thematic focus on the future of innovation-driven growth provides a perspective on whether stagnation and low productivity growth are here to stay.
  • It tracks the most recent global innovation trends against the background of an ongoing COVID-19 pandemic and slowing productivity growth.

Dubai, UAE–The 2022 edition of the Global Innovation Index claims that it “tracks the most recent global innovation trends against the background of an ongoing COVID-19 pandemic, slowing productivity growth and other evolving challenges.”

“This edition’s thematic focus on the future of innovation-driven growth provides a perspective on whether stagnation and low productivity growth are here to stay, or whether we are about to enter a new era, where new innovation spurts – the Digital Age and the Deep Science Innovation waves – bring about an economic uplift,” the GII said in a statement.

Arab economies, especially in the oil-rich Gulf, have been focusing on innovation as an essential part of their transformative visions. A look at how some of the Arab countries performed on the innovation index: