UAE ranked 23rd innovation-based economy globally
July 4th, 2012 - 1:26 am ICT by IANSDubai, July 3 (IANS/WAM) The World Economic Forum has placed the United Arab Emirates (UAE) first on the Arab level and 23rd on global level for the sixth consecutive year in the category of the Innovation-based Economy.
The Global Competitiveness Report 2011-2012 released Tuesday assessed the ability of the world countries to promote innovation and knowledge to push their economies to compete globally.
–IANS/WAM
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Tags: economy, global competitiveness report, global level, innovation, sixth consecutive year, united arab emirates, world countries, world economic forum