ABSTRACT

Using the World Bank’s KAM, Table 8.1 presents the recent performance of selected Arab/

Muslim countries as illustrated by the World Bank’s Knowledge Economy Index (KEI) 2012,

including 146 economies across the world. Table 8.1 also compares the current performance

(World Bank, 2012) with countries’KEI 2000 (see Ahmed and Al-Roubaie, 2012). It is therefore

clear from the analysis below that the picture across most Arab/Muslim counties varies from

economies with impressive progress towards knowledge-based economies, such as UAE, to

economies with a large decrease in their KEI, such as Kuwait. According to the 2012 World

Bank’s KEI, UAE excelled in 2012 with remarkable improvements towards the knowledge-

based economy, has scored 6.94 and ranked 42nd in the world, and is leading the Arab and

Muslim countries (seeWorld Bank, 2012).