Shift to a knowledge-based economy
The article focuses on Oman's shift towards a knowledge-based economy through increased investment in research and development, which rose from 98.26 million Omani rials in 2021 to 189.42 million in 2025, with private sector participation increasing to 46%. The article emphasizes that investing in intellect and innovation is the key to building a more productive and competitive economy. It also highlights that the true measure of this transformation's success lies in research outcomes and converting them into market-ready products and technologies, stressing the importance of developing a highly skilled and innovative workforce to support the "Oman 2040" vision.
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