Journal of Engineering and Applied Sciences

Year: 2018
Volume: 13
Issue: 17
Page No. 7309 - 7312

Knowledge Economy and the Global Islamic Economic Indicators in the United Arab Emirates

Authors : Juma Al Junaibi

Abstract: Nations round the arena have regarded to overcome the “Impulsive laziness” that go together with countrywide asset enrichment. Following the end of the oil age, this and numerous distinct problems to financial development have set off the search for best advancement systems around the world, mainly in in Arab oil dependent nations. One of these key ways to deal with supported economic improvement is the incline and the progress towards a knowledge economy. In the United Arab Emirates (UAE), the improvement of a knowledge-based economic framework stays one of the four principle topics of the UAE Vision 2021. The nation acknowledges the need to build up an “Aggressive knowledge economy” where key execution pointers as per the Vision 2021 will be met. The essential purpose behind this study is to address the contributing piece of understanding economy in strengthening the global Islamic economic indicators in UAE, particularly. This objective is achieved through reviewing the state of knowledge-based economic change in UAE and how this impacts the diverse regions of Islamic economics in the UAE. Four essential estimations of knowledge economy are in focus as proposed by the World Bank which in like manner consolidates an economic help and institutional organization, a capable and fit inventive system, significantly taught and gifted workers and the nearness of present information development establishment in the nation.

How to cite this article:

Juma Al Junaibi , 2018. Knowledge Economy and the Global Islamic Economic Indicators in the United Arab Emirates. Journal of Engineering and Applied Sciences, 13: 7309-7312.

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