Middle Eastern Knowledge Economy Institute - MEKEI

Middle Eastern Knowledge Economy Institute (MEKEI )
معهد الشرق الاوسط للاقتصاد المبني علي المعرفة

The mission of the MEKEI research institute is to use research and education to help transform the countries of the Middle East and North Africa to advanced, knowledge-based societies led by sustainable innovation and social advance.
Many consider the  (MENA) region as one of the most important emerging parts of the world economy in the 21st century. MENA is strategically vital as it produces the majority of the world's oil. However, despite the region's oil, most MENA countries score lower on Human Development Index (HDI) world ranking, with GDP, productivity and investment rates well below the global average. It is, therefore, becoming widely accepted that the dominant economic model of the region - based on the public sector, oil incomes and workers' remittances - is not up to the challenges of modern globalisation and the needs of advanced knowledge-based societies.