Gulf In Focus - GULF STATES/ ECONOMICS and FINANCE - Dubai's private sector continues to foster innovation.

Companies across Dubai are increasing their efforts to foster innovation, reflected by the 4.7 percent improvement in the innovation score of Dubai's private sector over the 2017-2018 period, new analysis conducted by Dubai Chamber of Commerce and Industry has revealed. Released on the occasion of UAE Innovation Month, the analysis showed Dubai's private sector innovation score rising to 64.4 percent in 2018, marking a 13 percent improvement compared to 2015. Based on the feedback of 1,600 Dubai-based companies, the analysis identified several areas where Dubai's private sector saw improvement, including accessing new ideas, developing new products and services, technology readiness, and talent and organisational culture.

These findings...