Oman ranks in top 40 for innovation
Oman’s economy has made significant progress in the 2026 Global Innovation Index ranking, climbing 8 places to reach 47th globally, up from 55th last year. This improvement reflects policies and programs that support innovation and create a favorable investment environment. Oman also maintained its position at 69th in the overall ranking out of 139 economies worldwide. The report's results highlight Oman’s excellence in 15 of the sub-pillar indicators, including a 9th place globally in net foreign direct investment inflows, 14th in the development of specialized clusters, and 16th in electricity production per million people, demonstrating a conducive environment for investment and innovation. The country advanced in 6 out of 7 index pillars, notably in institutions, infrastructure, and markets for development, with significant jumps in venture capital indicators, industrial design, and the percentage of research talents. Additionally, university rankings in Oman improved, with Sultan Qaboos University moving to 334th place worldwide and two universities ranking among the top 1,000 globally, alongside major efforts to boost entrepreneurship and research with economic viability.
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