UAE Ranked 1st as the Innovation-Based EconomySource: Emirates News Agency 7/3/2012, Location: Middle East |
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The World Economic Forum placed 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 assessed the ability of the world countries to promote innovation and knowledge in order to push their economies to compete globally.
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