Qatar is the innovative economy in GCC

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According to an annual survey of 125 countries, Qatar has been named the most innovative economy in the Gulf region. Qatar has got ahead of the race beating China and India, the world?s two largest emerging economies, as shown by the Global Innovation Index 2011. Qatar was the only Middle East country to make it to the top 30 list, jumping nine places since 2010 when it was rated 35th in the world.

This is a study by the leading business school INSEAD in partnership with other firms and scores countries based on the degree to which a country?s economic environment enables innovation. ?The world is entering a phase that demands novel approaches to solving problems of environment, economy, and access to essential goods (food, water) and services (healthcare),? said the report.

As for the other Middle East countries, Jordan has displayed some of the best results.

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