Arab Today, arab today building knowledgebased economy is top priority
Last Updated : GMT 18:01:58
Arab Today, arab today
Arab Today, arab today

Sultan bin Saeed al-Mansour:

Building knowledge-based economy is top priority

Arab Today, arab today

Arab Today, arab today Building knowledge-based economy is top priority

UAE Minister of Economy al-Mansour
Abu Dhabi - Arab Today

Sultan bin Saeed Al Mansouri, Minister of Economy on Saturday, affirmed that building an economy that is based on knowledge, innovation and creativity, investment in science, technology and research is a top priority of the UAE and is in line with the federal government's ambitious Vision 2021 and its strategy for sustainable economic growth and competitiveness.
In statements to WAM, Al Mansouri explained that knowledge in a knowledge-based economy accounts for the lion's share of added value, which means that it is a key driver of production and marketing and that economic growth is proportional with the driver that is based on information and communications technology (ICT), as the information highway has transformed the world to the highly-connected global village that it is now.
The minister highlighted the fast-paced growth of ICT on which modern-day business relies heavily and which drives economic growth and helps increase the gross national products of countries.
Minister Al Mansouri also highlighted the Information Technology Agreement (ITA), saying that the Ministerial Declaration on Trade in Information Technology Products was concluded by 29 participants at the Singapore Ministerial Conference in December 1996. The agreement was enforced by the World Trade Organisation (WTO) in 1997.
He noted that in March 2007, the UAE joined the ITA which provides for participants to completely eliminate duties on IT products covered by the agreement.
The minister added that in January 2009, the UAE eliminate duties on all IT products covered by this agreement. All the seven members of the Gulf Cooperation Council (GCC) are parties to the ITA.
Minister Al Mansouri also noted that in 2013 the UAE's total value of trade in information technology products, covered by ITA, stood at Dh29.6 billion as follows: Dh19.8 billion in imports, around Dh393 million in exports and Dh9.6 billion in re-exports.
The UAE Cabinet, in November 2014 and in accordance with the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, approved the designation of 2015 as the Year of Innovation, as part of a plan to make the UAE a world innovative leader.
The Cabinet then directed all federal government bodies to boost cooperation and to revise their policies to develop a nurturing environment for innovation.
Source: WAM

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today building knowledgebased economy is top priority Arab Today, arab today building knowledgebased economy is top priority

 



Arab Today, arab today
Arab Today, arab today Nohan Seyam designs beautiful accessories

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories
Arab Today, arab today Tourism shows signs of recovery

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery
Arab Today, arab today Sarah Belamesh designs antiques of "ceramic"

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"
Arab Today, arab today Top Yemen commander killed

GMT 09:55 2017 Wednesday ,22 February

Top Yemen commander killed
Arab Today, arab today Media host Mona Iraqi stresses her show's success

GMT 15:32 2017 Wednesday ,22 February

Media host Mona Iraqi stresses her show's success

GMT 13:17 2017 Wednesday ,15 February

Yemeni accuses militias of challenging oil

GMT 09:12 2017 Saturday ,11 February

Algorithms: the managers of our digital lives

GMT 09:07 2017 Saturday ,11 February

The biggest players today on Wall Street? Algorithms

GMT 08:15 2017 Saturday ,11 February

Tesla chief in public feud with auto workers union

GMT 06:23 2017 Thursday ,09 February

Oil market can cope with higher shale output

GMT 14:10 2017 Friday ,03 February

Reasons of growth rate conflicting numbers

GMT 21:05 2017 Tuesday ,31 January

Drought caused decline in Morocco
View News in Arabic - Business: حوارات وتقارير
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today To hold social dialogue over secondary school

GMT 07:43 2017 Wednesday ,22 February

To hold social dialogue over secondary school
Arab Today, arab today 63-Year-Old Woman Delivers Baby

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby
Arab Today, arab today Milan laughs while Rome cries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Janat pleased for issuing 'Good Morning'

GMT 06:41 2017 Monday ,20 February

Janat pleased for issuing 'Good Morning'
Arab Today, arab today Small ponds have outsized impact

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact

GMT 06:34 2017 Sunday ,19 February

Ahmed Fahmy stresses he did not ignore singing

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed

GMT 12:22 2017 Monday ,20 February

Kanye West puts hijab-wearing model

GMT 14:06 2017 Friday ,17 February

London to tax old cars

GMT 23:29 2017 Thursday ,16 February

Home built on sand castles-style costs $8m

GMT 05:15 2017 Tuesday ,21 February

Omega 3 can reduce asthma cases

GMT 19:16 2017 Friday ,17 February

Aziz House ready to host the tourists

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 12:39 2017 Monday ,20 February

newest smartphone another winner for Huawei

GMT 16:08 2017 Wednesday ,15 February

Shawsh reveals her collection "Jewelry of dreams"
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday