Advancing cutting-edge research vital for region’s competitiveness Sara Al-Mulla Short Url https://arab.news/6df2u For many years, countries in the Middle East have been shifting their economies away from oil-based revenues toward knowledge-based economies fueled by technology, science, and innovation. Current investment levels in research and development (R&D) within the region remain comparatively low and must receive more attention in order to successfully transition to advanced knowledge economies. Experts claim that an additional R&D investment of just 1 percent could boost economic growth in Gulf Cooperation Council (GCC) countries by 0.6 to 2.2 percent. That said, a robust strategy would need to be formulated to propel R&D in the region. Spending levels would need to be increased to cater to the burgeoning local challenges that need viable innovations and solutions.