Technology is Kuwait’s strength in its readiness for the future

Kuwait ranked fourth in the Arab world in the Future Readiness Index issued by the Portolans Center in Washington, DC, in partnership with the global company Google, which provides data to support the efforts of countries and governments in measuring future readiness.

The index measures 4 main axes, focusing on institutions, infrastructure, technology, talent, and innovation, and includes 15 sub-axes, which measure the extent to which governments are able to develop and prepare for the future, adopt comprehensive digital transformation, invest in human capital, attract talent, focus on research and development, And adopt policies that contribute to advancing the economy.

Kuwait ranked 65th globally out of 123 economies, while it ranked 45th globally and fourth regionally in the total points, particularly in the technology axis, which is its main strength.

Kuwait ranked 66th in talent globally and fifth regionally, while in the institutions and infrastructure axis it ranked 67th globally and fifth regionally, but it scored the lowest global level (82) and regionally (the penultimate position) in the innovation axis.

Kuwait ranked well in two sub-axes: human resources (28) in the technology axis, and attract (30) in the talent axis, and its ability to attract talent was negatively affected by low levels of talent development (81) and retention (74).

It is clear from the report that Kuwait scored an advanced position in the top half of the global ranking in 5 out of 12 sub-axis, but occupied a low position in one sub-axis, which is business development (119).

The center’s report showed that Kuwait scored an advanced position above the average in one axis, which is technology, but it came in a slightly below average position in talent, institutions and infrastructure, at a time when its rank was lower than the global average in the axis related to innovation.

The report indicated that Kuwait scored a slightly lower than average position in future readiness (65), institutions and infrastructure (67) and talent (66), noting that the ranking of the state of public infrastructure (46) enhances the position of institutions and infrastructure, explaining that this The center was negatively affected by the market climate that is less than good (94), and that this climate is in need of more competitiveness and better business conditions.

With regard to talents, the report indicated that the ability to attract human skills (30) was negatively affected by the weak ability to develop these talents (81), indicating that technology constitutes the best performing axis (45) due to the high digital use of citizens (28).

On the other hand, the report found that innovation is the weakest axis (82), and stressed the urgent need to find ways to enhance the ability of companies to raise their levels of productivity, competitiveness and innovation (Business Evolution: 119).

In terms of internet access and affordability of digital devices and services, Kuwait, along with countries like Singapore and Arab countries like Qatar, UAE and Saudi Arabia, scored the top 5 among the economies mentioned in the index.

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