English Arabic Armenian Azerbaijani Chinese (Simplified) Chinese (Traditional) Czech Danish Dutch Estonian Filipino Finnish French Galician Georgian German Greek Hindi Hungarian Icelandic Indonesian Italian Japanese Korean Latvian Lithuanian Malay Maltese Norwegian Persian Polish Portuguese Russian Slovak Slovenian Spanish Swedish Thai Turkish Ukrainian Vietnamese

London tops Dubai on innovation index

Dubai innovationDUBAI: February 09, 2016. London has topped an index produced by PwC and Dubai’s Chamber of Commerce & Industry to determine the city’s level of innovation compared to 28 other major destinations.

The Chamber said the index reflects Dubai’s quest to being the “smartest city in the world by 2021”. Following London in first place is Hong Kong and Singapore while Dubai is 16th ahead of Madrid, Milan, Sao Paulo, Mumbai, Shanghai and Beijing.

The index, which uses 61 indicators to measure innovation, reflects Dubai’s lead in the field of output and performance, particularly in the launch of new products, services and outputs of technology. However, added the Chamber, intellectual property and opportunities for collaboration with institutions and economies for scientific work “need some more attention”.

President and CEO Hamad Buamim said the index is designed to set a benchmark for measuring innovation. “The aim is to identify what is Dubai’s position in the global innovation scenario, what are the challenges and opportunities faced by the private sector when it comes to innovation, and what can businesses and government do to promote innovation.”

Dubai scored well on several enablers including government support and building a culture of innovation; scored average on funding and political, economic and social environment; and produced lower scores for infrastructure for innovation, skills and talent, according to the Chamber.

More News

Written on 16/09/2017, 03:41
cma-cgm-reports-us-472-million-q2-ebitMARSEILLE: September 15, 2017. CMA CGM has reported a 56.8 percent increase in second quarter 2017 revenue to US$5.55 billion and a net income of US$219...
Written on 14/09/2017, 19:01
brucargo-plans-multimodal-cloud-with-nxtportANTWERP/BRUSSELS: September 14, 2017. Data platform NxtPort and Air Cargo Belgium's BRUcargo cloud-based community have signed an MoU to develop a digital...
Written on 13/09/2017, 22:03
kuehne-nagel-launches-lithium-battery-logisticsSCHINDELLEGI, Switzerland: September 13, 2017. Kuehne + Nagel has launched 'KN Battery Chain' – a supply chain solution for shipping large lithium...
Written on 13/09/2017, 16:36
cargo-re-starts-at-miaMIAMI: September 13, 2017. Miami International Airport expects a return to normal flight operations by the weekend of September 16/17 following Hurricane...
Written on 12/09/2017, 21:07
wisetech-acquires-air-and-ocean-rate-managementSYDNEY: September 12, 2017. Logistics software group WiseTech Global has acquired two rate management companies: Netherlands-based Cargoguide covering the...
Written on 12/09/2017, 20:05
40-million-investment-for-dunkerqueDUNKERQUE: September 12, 2017. The Dunkerque Multibulk Terminal (DMT) is investing €40 million over the next two years to produce construction materials...
Written on 12/09/2017, 19:13
rickmers-group-thrown-a-lifebeltHAMBURG: September 11, 2017. The Zeaborn Group and Hamburg shipowner Bertram Rickmers are to acquire the Rickmers Group's global ship management business,...
Written on 11/09/2017, 20:50
freightweek-news-update-week-37FELIXSTOWE, UK: September 15, 2017. Construction company VolkerFitzpatrick has won a contract at the Port of Felixstowe to design and construct 13...
Written on 11/09/2017, 15:16
danes-sell-belgium-terminal-to-chinaTHE HAGUE: September 11, 2017. APM Terminals, part of the A.P. Moller - Maersk Group, is to sell its 76 percent ownership of Belgium's second largest...
Written on 08/09/2017, 18:42
hna-to-spend-another-us-1-billion-on-logisticsSINGAPORE: September 07, 2017. HNA Belt and Road Investments Singapore, a subsidiary of HNA Holding Group (HK Group), has made an unsolicited offer of...
Written on 07/09/2017, 21:21
american-cancels-flights-ahead-of-irmaDALLAS/FORT WORTH: September 07, 2017. American Airlines (AA) has canceled 2,405 flights between today and September 11 as a result of Hurricane Irma, due...
Written on 07/09/2017, 19:39
china-merchants-acquires-brazil-container-terminalXIAMEN, China: September 04, 2017. China Merchants Port Holdings (CMPort), owned by China's state-owned Assets Supervision and Administration Commission...
Written on 06/09/2017, 14:08
freightweek-news-update-week-36NEW JERSEY, September 07, 2017. The 14,400 TEU capacity CMA CGM Theodore Roosevelt has became the largest container ship to pass under the raised Bayonne...
Written on 05/09/2017, 21:10
dhl-trials-delivery-to-customer-carsBONN, September 05, 2017. DHL Parcel and Volkswagen (VW) are testing a pilot project to deliver and collect parcels from the trunks of customers'...
Written on 29/08/2017, 21:15
cosco-first-half-profit-gain-from-saleHONG KONG: August 29, 2017. COSCO Shipping Ports has reported a first half 2017 (H1) net profit of US$384.7 million on revenue of US$275.8 million that...
Written on 29/08/2017, 16:18
freightweek-news-update-week-35LEICESTER, UK: August 31, 2017. Pall-Ex continues to grow its freight network with the addition of four members in the UK. Read more: Pall-Ex.pdf HONG...
Written on 28/08/2017, 20:47
qantas-promotes-head-of-freight-businessSYDNEY: August 28, 2017. A reorganization of the Qantas Group top management sees the appointment of Alison Webster, executive manager of Freight,...
Written on 28/08/2017, 18:06
new-intra-city-logistics-leader-for-asiaBEIJING: August 28, 2017. 58 Home, a leading online marketplace for merchants and consumers, has merged its logistics unit 58 Suyun with Hong Kong-based...
Written on 28/08/2017, 17:31
cargolux-adds-two-more-african-routesLUXEMBOURG: August 28, 2017. Cargolux is to begin new services to Douala, Cameroon and Lubumbashi, Democratic Republic of Congo (DRC). A weekly service...
Written on 25/08/2017, 16:27
lufthansa-cargo-s-pre-school-run-raises-20-000FRANKFURT: August 25, 2017. Almost 1,000 runners took part in the recent third annual 'Office City Run' to raise money for a pre-school in Nairobi, Kenya...

- powered by Quickchilli.com -