The 2014 Marmore research publication, called ‘Research in GCC: The Knowledge Gap’, found that in the GCC, often, inadequate availability of statistics from national authorities, lack of data from industrial associations and limited disclosures by public companies can limit the degree of research and by extension its effectiveness. Moreover, data or information often comes with significant time lags. Knowledge economy experts point out the importance of the triple helix model of innovation, i.e., government-industry-university relationships and synergies, in terms of nurturing sustainable economic development. University research, which is often considered the cradle of innovation, is found lacking in the GCC region as evidenced by the number of scientific papers published in 2014.
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The blog discusses how net interest margin of Kuwaits banks has moved across interest rate cycles, in light of awaited policy rate cuts.
Read MoreESG and Sustainable Investing might seem to be related but both are distinct concepts. The GCC nations transition towards cleaner energy portrays a buoyant outlook for ESG and sustainable investing.
Read MoreThe impact of the recently issued IFRS sustainability standards, once adopted, is likely to be high, as GCC companies scramble to allocate adequate resources for the adoption.
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