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After Banque du Liban (BDL) launched Circular 331 in 2013, an injection of $400 million into the country’s start-ups – the digital scene began to flourish.

“Circular 331 has made more money available for start-ups, which has (as of September 2016) received $46.5 million in investment,” ZRE, a real estate development group that developed Beirut’s Digital District, General Manager Mouhamad Rabah told Al Arabiya English.

Following this, local banks in Beirut would receive seven-year interest-free credit line from BDL that can be invested into treasury bonds with a 7 percent interest rate. This will commit the bank to invest in the knowledge economy.

As of today, Lebanon is home to over 200 startups, only second behind the United Arab Emirates, with many more set to emerge. Rest


The National Planning Policy Framework process for co-operation between local planning authorities grinds exceedingly slow, but it eventually delivers, and the Oxfordshire authorities are now agreed that we will accommodate 97,000 new homes across the county in the next 15 years.

Working together we are delivering an ambitious City Deal with three Enterprise Zones (Harwell, Didcot and Milton Park), two Garden Towns (Bicester and Didcot), major developments around the station in Oxford and a range of specialist ‘big science’ and research facilities.

We are already exploiting the potential of the unique knowledge economy ecosystem that has developed around the University of Oxford – currently ranked number one in the world – but much more is in prospect.

Together, this makes Oxfordshire one of the country’s principal resources for high-quality, knowledge-based growth. Rest


Gulf News Editorial: …

This confidence in the economy combined with the country’s commitment to technology will only continue to build upon the UAE’s position as a global technology hub. Not only will the country see more acquisitions of locally-established companies such as Souq.com by global giants such as Amazon, it will also see additional financial support for technology start-ups. This ultimately achieves the UAE’s oft-stated goal of becoming a knowledge economy.



India, UAE, India, & Nigeria

Services sector to aid knowledge economy: Nirmala Sitharaman, India’s Commerce and Industry Minister

Changing economy – Speaking at the 33rd Annual Session of FICCI Ladies Organisation (FLO) in the Capital, Jaitley said the nature of the Indian economy itself had changed and its future would be driven by ideas, knowledge and depth of innovation. Asserting that ideas had contributed to the expansion of the Indian economy, the Finance Minister felt that the “bright young minds” (especially girl students who excelled over boys in academic pursuits) coming out of universities are going to drive this knowledge economy in the coming years.  Rest


Those who think that Nigeria does not have what it takes for global competitiveness in the knowledge economy should better have a rethink.



Message from the OECD Secretary-General

The challenges faced by 21st-century economies and societies are daunting: addressing the human and social consequences of an international financial crisis, meeting development goals, encouraging green growth, and responding to climate change, ageing societies and the knowledge economy. Education is a critical part of any response. Knowledge increases both wealth and well-being: university graduates in most countries earn more. Our research shows that people who complete upper secondary education are much more likely to report good health than those who do not. Yet education systems need to do a much better job in providing equitable education opportunities – starting in early childhood, and continuing throughout life. They need to equip people with knowledge, skills and tools to stay competitive and engaged. Education is an investment in the future. Our work on education aims to make that investment strong, effective and fair. (from the OECD work on Education & Skills brochure)

Angel Gurría, OECD Secretary-General


“Today’s graduates play an important role in Malaysia and the global world, where the younger generation are leading the way forward. This astute and timely move is in line with the direction of the 2050 National Transformation (TN50) vision,” said Vice Chancellor of UiTM, Prof. Emeritus Dato’ Dr Hassan Said.

Adobe is also proud to partner with UiTM in their mission to produce world-class graduates that will propel the country’s economic growth as the country moves into the digital age with the vision to become a developed nation.

“With technology innovation evolving faster than any time in history, preparing students with the confidence and skills to join the knowledge economy and be successful continues to be a focus for Adobe. This partnership is a strong validation of Adobe’s market leadership in the creative space,” said Wayne Weisse, Education Director for Adobe Asia Pacific. Rest


Qatar economy to grow by 3.5% this year: PM [2017] – [Address to the Qatar-UK Business and Investment Forum] “Our quest for a knowledge economy requires a distinct level of education, research and training, and the UK is known to be a leading country in this field,” said the Premier [Prime Minister and Interior Minister H E Sheikh Abdullah bin Nasser bin Khalifa Al Thani]. Rest

Creating a business environment for growth [2017] – By Dr. Abdulaziz A Al-Ghorairi [senior vice-president, group chief economist and head of asset management at Commercial Bank]. Qatar is experiencing a distinctive economic phase during its transition away from reliance on hydrocarbons and towards a diversified knowledge-based economy under the National Vision 2030. Rest

HBKU focuses on building Qatar’s capacity in computer science and engineering with three groundbreaking graduate programs [2016] – “Our world is evolving at an unprecedented pace, and is increasingly shaped by considerable advances in science and technology,” said Dr. Khaled B. Letaief, Provost of HBKU. “As Qatar continues its transition toward a knowledge-based economy, it will require capable professionals, versed in the latest knowledge, and equipped with an extensive skillset. The new programs launched by HBKU’s College of Science and Engineering respond to global developments, while targeting the needs of Qatar, in alignment with Qatar National Vision 2030.” Rest

HBKU Welcomes First Class In New Executive Master Program [2014] – Dr Hyafil told the students: “The HBKU Executive Master in Energy and Resources implements Qatar National Vision 2030 which aims to build a knowledge economy, through interdisciplinary learning on issues which are relevant to Qatar and the Gulf region. Rest


Tunisia & the Knowledge Economy

From Reboot.org


The Netherlands & the Knowledge Economy

The Netherlands is one of the twenty largest economies in the world and is a leading global knowledge economy. Holland has a longstanding history of invention, moving around the oceans of the world, trading with other countries. In times of global, social and economic challenges, the Dutch find ways of how innovation and entrepreneurship can continue to grow. Rest

NWO [Netherlands Organisation for Scientific Research] makes a relevant contribution to the Dutch knowledge economy and to helping solve scientific problems faced by companies as well to tackling societal issues such as energy and health. The effectiveness of this approach can be seen in the huge success of the Industrial Partnership Programmes, for example. In these programmes challenging problems from the private sector are linked to creative scientific solutions, in which the company and NWO jointly fund the research.

NWO is exploiting the emerging idea of ‘open innovation’ to foster greater cooperation with companies. The NWO Domain Science  has an extensive network of experts in a wide range of physics subjects. Those experts already collaborate with companies or would like to do so. Likewise NWO maintains close contacts with companies who involve NWO  in their research for a longer period of time. Rest


Clayton F. Ruebensaal, vice president of global brand management and design at American Express, pointed to the UAE’s Dubai as an ethnically inclusive city and an example of strong nation branding in the Gulf.

Ruebensaal called Dubai “a successful model of the knowledge economy,” citing its many special economic zones — for example the Dubai Internet City, Dubai Media City, and Dubai Design District — that have attracted foreign investors. “Sheikh Mohammed [bin Rashid Al Maktoum, the emir of Dubai] … made a big bet on creativity and sustainable global growth,” he said.

“Sheikh Mohammed [bin Rashid Al Maktoum, the emir of Dubai] … made a big bet on creativity and sustainable global growth,” –Clayton Ruebensaal

Ruebensaal noted that there is a need to “let more people know about the generosity” of the Gulf region and also about the business opportunities: “It’s quite clear that this is an economically welcoming, vibrant environment where … [one] can make a lot of money and create something exciting.” He compared the atmosphere to that of Silicon Valley.  Full post