Oer
   

Home

About us

Industry Reports

Market Watch

Advertise

Contact Us

7 November 2002
   Print this page

  

 

Archives    

 
 

The road ahead in ICT
 

Although GCC countries are showing growing appreciation for ICT, they still need to overcome some critical shortages

By Dr Jasim Husain Ali

The six-nation Gulf Cooperation Council (GCC) countries are showing growing appreciation for information and communication technologies (ICT) and for good reasons. This is demonstrated in the recently released The Global Information Technology Report 2012.

The World Economic Forum issues the annual report in partnership with the renowned business school, Insead. The latest report, the 11th since its inception, provides ranking for some 142 nations, collectively accounting for 98 per cent of gross domestic product (GDP) of the world, or ones that matter the most.

The report ranks reviewed countries on the basis of their achievement on the Network Readiness Index (NRI), in turn derived from performance of ranked countries on 10 pillars generated through four sub-indexes. These sub-indexes comprise 1) environment (political and business conditions) 2) readiness (infrastructure, affordability and skills 3) usage (individual, business and government) and 4) impact (economic and social).
The study is noted for being uniquely comprehensive through combining hard data variables such as number of personal computers and internet penetration rate as well as views expressed by executives. Nevertheless, there is a shortcoming as opinions provided by professionals tend to be subjective.

Bahrain tops
Surprisingly, Bahrain succeeded in attaining the best ranking among GCC, Arab and Muslim countries. Much to its credit, Bahrain has advanced by three notches, thereby overtaking the UAE and Qatar as well as Malaysia. More specifically, Bahrain secured ranking number 27 globally, ahead of Qatar, Malaysia and the UAE, in turn ranked numbers 28, 29 and 30, respectively. The achievement reflects unique qualities of Bahrain including having exceptionally educated locals by regional standards. To be sure, a good number of locals attend evening classes as part of efforts of sustaining their carrier opportunities.

Bahrain’s strengths include financial market sophistication, as evidenced by the financial services sector comprising nearly one quarter of the country’s GDP in constant terms. Conversely, the oil sector emerges as top contributor of GDP in current terms, reflecting steady oil prices.

Ranking numbers for the other GCC countries are 34, 40 and 62 for Saudi Arabia, Oman and Kuwait, respectively. Altogether, GCC countries are ahead of many European Union countries when it comes to ICT including Lithuania, Cyprus, Portugal and Spain, to name a few.

Demographics
Also, GCC countries are ranked ahead of emerging BRICS countries (Brazil, Russia, India, China and South Africa). Certainly, demographics play a factor in all GCC countries, as youths who make up half of the populations, have appreciation for technological materials. Nowadays, many perform routine internet functions including use of email via smartphones. For some, carrying a laptop is an essential part of being dressed-up.

Still, GCC countries need to overcome some critical shortages including limited availability of and attraction of scientists and engineers. As such, there is a serious problem when it comes to innovation.

Needless to say, in the age of globalisation, professionals are in demand and hence can move around, hence the need for making the environment conducive for human capital. Also, the report correctly points out the persistent bureaucratic problem in GCC countries. Bahrain ranks number 132 worldwide when it comes to the number of procedures required to enforce a contract, merely better than 10 countries studied in the report.

The bureaucratic constrain runs contradictory to technological appreciation, all the more pointing out to availability of room for streamlining ranking in future editions of NR. 


Top^


May - 2013

Cover Story

ON SOUND FOOTING

The Global economy is yet to recover four years after the beginning of the global financial crisis. During 2012, global economic growth has weakened further. Global growth dropped to almost 3 per cent in 2012. A growing number of developed economies have fallen into a double-dip recession. Those in severe sovereign debt distress moved even deeper into recession, caught in the downward spiraling dynamics from high unemployment...

Buseniss Briefs

OMANTEL PROMISES CUSTOMISED BROADBAND SERVICES
 
Omantel has re-iterated its commitment to provide customers with the best broadband experience offering the broadest choice, the widest coverage and superior quality of services. “We aim to provide all customers with a broadband service which fits their specific requirements, leveraging our fixed and mobile networks. Our range of offerings is wide, and we trust we can offer something for everyone,” said Samy al Ghassany, chief operating officer, Omantel...

Other Headlines
Maserati Ghibli to debut in Shanghai
 
Maserati has released the first official images of its upcoming four-door sports executive sedan in advance of its debut at the Shanghai Motor Show later this month. The all-new Ghibli is set to break new ground for Maserati. The Ghibli will have a sportier character compared to the larger Quattroporte, launched at the beginning of this year...

A class of its own
 
The Aston Martin Vanquish sits proudly at the pinnacle of the luxury British car maker’s sports car line-up and points to an exciting and confident future for the historic brand. Visvas Paul D Karra gets behind the wheel of this breathtaking new super grand tourer which represents the zenith of design and engineering...

Expect the Unexpected
 
Hyundai is unarguably one of the fastest growing automotive brands in the world. Oman market is not an exception either as we see more and more Hyundai cars running on the Sultanate’s roads. In the recent years, Hyundai as a brand is undergoing a dramatic metamorphosis. For decades, Hyundai had worked on strengthening its positioning as the ‘value’ brand catering to the mass market...
Mouawad officially opens at Opera Galleria
 
Mouawad officially inaugurated its new boutique at Opera Galleria, Muscat’s new prestigious shopping destination, recently. The new showroom is the second for Mouawad in Oman’s capital and the first to be designed according to the new generation store concept. The grand opening was attended by both local clientele and VIPs and was honoured with the visit of popular Yemeni singer and television host, Arwa as well as two generations of Mouawads...
Foreign investment set to rise
 
Oil production may be continuing to increase in Oman, but the Sultanate’s focus remains firmly fixed on preparing for a post-oil future. In March, it was announced that despite concerns over the longevity of its oil production capacity, Oman’s average daily output rose to 918,000 barrels per day (bpd), outdoing the 2011 average of 884,900 bpd...
Oman Forum 2013 on May 6
 
Leading experts from the Government, economy and society are going to debate on the most important agendas before the nation, in Oman Forum 2013. The event is taking place on Monday, 6 May at Oman Auditorium, Al Bustan Palace Ritz-Carlton. HE Darwish bin Isma’eel bin Ali al Balushi, Minister Responsible for Financial Affairs, is the chief guest for Oman Forum 2013...
Saving energy
 
Oman Cables Industry (OCI) has quantified and monitored regularly its electricity and water consumption and set up low-cost, sustainable and effective systems in order to reduce the consumption, per unit production, by 15 per cent in water and 5 per cent in electricity. Lighting up three large plants can draw a lot of electric energy...
Executive Movements
 
BankDhofar has promoted Ahmed Said Al Ibrahim and Faisel Hamed Suliman Al Wahibi respectively as deputy general manager, government relations and deputy general manager, retail banking division, with effect from April 2013. Ahmed Said holds an MBA in finance from University of Hull, UK as well as BA in media and journalism from Sultan Qaboos University...
Ultra-portable
 
For photography enthusiasts looking for a high-end compact that delivers outstanding images even in low light, the game-changing Olympus Stylus XZ range stands out from the crowd. Photocentre, the authorised distributors for Olympus in Oman, has bolstered the range, with the addition of the slender Olympus Stylus XZ-10. The XZ-10 offers an ideal combination of optical brilliance, fast lens response, pocket-sized design and the usability required to shoot and share every day on the fly...
Pursuit of partnerships
 
Creative Action Design (CAD) is an internationally renowned design company which applies creative thinking, global experience and original approaches across a broad range of creative services incorporating commercial and retail spaces...
The bullish case for South Korean shares
 
South Korea’s KOSPI stock market index has been an underperformer against China, Japan and ASEAN since November due to the spike in the yen/won rate. This is only natural since South Korea’s chaebols (conglomerates), with their auto/electronics exports, face Japanese competitors in global export markets...
Aiming high
 
The heating, ventilation and air conditioning (HVAC) industry plays a critical role in Arabian Gulf’s construction sector where the summer temperature shoots ups to nearly 50 degree Celsius. The HVAC industry in the region has weathered the economic downturn much better than most developed...
Inimitable Style
 
Arnold & Son has released one of the most alluring and precise moonphase watches. The HM Perpetual Moon, with one of the biggest moonphase apertures on the market, rightfully joins the Arnold & Son Royal Collection. The Royal Collection is inspired by the timepieces created in the early part of John Arnold’s life, and pay tribute to the watches he produced for King George III and members of the royal...
Mapping your destinations
 
Fahad Al Lawati, founder and CEO of Dubai-based smallmap.com talks about his innovative social travel website which serves as an information sharing portal for travellers from across the world. Excerpts from an OER interview...
SAYARTI AUTOCARE
 
A part of the Sayarti Group, Sayarti Autocare has over the years grown into one of the most popular and successful brands within the automotive care industry in the Sultanate. The company’s full range of personalised quality auto services and premium products...

Regulars

 
 
Post your Articles
Post your Articles Letter to Editor Latest News
New Page 1

Home l About us l Market Watch l Appointments l Advertise l Contact us

© 2002 - 2011  United Press and Publishing LLC. All rights reserved. No part of this online publication may be reproduced  without the prior written permission of the publisher United Press and Publishing LLC. The publisher does not accept any responsibility for any loss occasioned to any person or organisation acting or refraining as a result of material on this website. The publisher accepts no responsibility for advertising contents contained on this website.
Site designed and hosted by UMS Interactive