The one thing that ties all objectives of a country today is technology. Technological advances have not only transformed work; they are also engines for new forms of creativity and innovation. Innovation, healthcare, education, job creation and services can all be facilitated by it. Today, Information Communications Technology, ICT is one of the fastest growing … Continue reading #GCC_Sustainability (9/17): Technology
The step to being a developed nation and region in the long run is led by knowledge and innovation. Public sector innovations in GCC countries appear to be strongly focused on improving dimensions such as service quality, user satisfaction and administrative efficiency. But GCC countries also face increasingly intricate societal challenges such as growing demands … Continue reading #GCC_Sustainability (8/17): Innovation
With ever more challenging economic, social and ecological environments, there exist ever great opportunities for ideas and innovation. A country cannot depend on its public sector alone. It needs to boost its private sector to start new ventures and boost growth. As GCC countries have diversified from oil and entered new sectors, it has become … Continue reading #GCC_Sustainability (7/17): Business Competitiveness
The trade composition of GCC countries can be as described as highly asymmetrical with exports concentrated largely in crude oil while imports are diversified. This makes the economies vulnerable to fluctuations in international commodity market – oil in particular. The GCC are amongst the most open in the world with no foreign exchange controls and … Continue reading #GCC_Sustainability (6/17): Foreign Trade
Infrastructure is one of the most important pillars of development. One of the major areas of diversification for GCC countries has been infrastructure. The construction market in GCC has been experiencing healthy growth in recent years, which is driving the demand for cement in the region. The cement market in GCC is dominated by well-established … Continue reading #GCC_Sustainability (5/17): Infrastructure
