Concerted efforts needed for knowledge-based society in Mideast: Minister

 01 Jun 2016 - 0:00

DOHA: Minister of Economy and Commerce, H E Sheikh Ahmed bin Jassim Al Thani said keeping in view the present circumstances in the global economy and dwindling oil prices, concerted efforts are required to establish a knowledge-based and dedicated culture of innovation in the Middle East region.
The Minister, in his opening address, on Monday, at the ‘Enriching the Middle East’s Economic Future Conference’, added that knowledge-based creativity and innovation have become the main value of the communities in developed countries and an essential tool to achieve comprehensive and sustainable development.
Sheikh Ahmed praised the conference’s role in providing an opportunity for participants to exchange views and discuss issues of interest to the peoples and countries of the Middle East.
He also noted that despite global economic downturn, Qatar’s Gross Domestic Product (GDP) is projected to achieve stable growth of about 4.3 percent during this year.
The Minister said that under the wise guidance of the Emir HH Sheikh Tamim bin Hamad Al Thani, Qatar has been working on the consolidation of imparting knowledge in various areas, and in economic sector in particular, by pursuing flexible policies to diversify the sources of income and to keep pace with Qatar National Vision 2030.
He also highlighted that Qatar placed the private sector and innovation at the forefront of strategic priorities by implementing a set of programmes and policies to strengthen integration between various state authorities and enshrine the principle of meaningful and constructive partnership with the private sector, reports QNA.

The Peninsula

DOHA: Minister of Economy and Commerce, H E Sheikh Ahmed bin Jassim Al Thani said keeping in view the present circumstances in the global economy and dwindling oil prices, concerted efforts are required to establish a knowledge-based and dedicated culture of innovation in the Middle East region.
The Minister, in his opening address, on Monday, at the ‘Enriching the Middle East’s Economic Future Conference’, added that knowledge-based creativity and innovation have become the main value of the communities in developed countries and an essential tool to achieve comprehensive and sustainable development.
Sheikh Ahmed praised the conference’s role in providing an opportunity for participants to exchange views and discuss issues of interest to the peoples and countries of the Middle East.
He also noted that despite global economic downturn, Qatar’s Gross Domestic Product (GDP) is projected to achieve stable growth of about 4.3 percent during this year.
The Minister said that under the wise guidance of the Emir HH Sheikh Tamim bin Hamad Al Thani, Qatar has been working on the consolidation of imparting knowledge in various areas, and in economic sector in particular, by pursuing flexible policies to diversify the sources of income and to keep pace with Qatar National Vision 2030.
He also highlighted that Qatar placed the private sector and innovation at the forefront of strategic priorities by implementing a set of programmes and policies to strengthen integration between various state authorities and enshrine the principle of meaningful and constructive partnership with the private sector, reports QNA.

The Peninsula