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Gulf nations slip in high-tech rankings RRS feed

  • Question

  • DUBAI, United Arab Emirates - The Gulf Arab countries may be rich, but when it comes to exploiting technology to be more competitive, they're falling behind rivals in Asia, Europe and Africa.

    Three of the four Gulf Arab countries ranked by the World Economic Forum's "networked readiness index" lost ground over the past year, even as sky-high energy prices brought them enormous wealth.

    The index, which was released last month, measures the range of factors that affect a country's ability to harness information technologies for economic development and competitiveness.

    Saturday, April 21, 2007 3:20 PM

Answers

  • All such fluctuations are very normal in the world of business and technology.

    In the long run, only those nations would benefit whose products are entertaining people or are of some substantial use.

    Monday, April 23, 2007 5:51 AM