Joint Research Initiative by Gulf Countries for the Post-Oil Era

Serdar HocamAuthor & Editor

Six member states of the Gulf Cooperation Council have decided to establish a joint scientific research center and fund in line with their goal of transitioning to a non-oil economy.

◉ 0 views
New initiatives for boosting innovation-driven economy

Six member states of the Gulf Cooperation Council have agreed to establish a joint scientific research and innovation center and fund, within the framework of a strategic plan covering the years 2027-2032, with the aim of transitioning to a post-oil economy.

Background of the Strategic Plan

The six member states of the Gulf Cooperation Council have taken new steps aimed at strengthening academic and research-based integration.

Joint Center and Fund Decision

Within the scope of the decisions made, it was planned to establish a joint scientific research and innovation center and fund, and to develop the scientific publication ecosystem.

Meeting and Timeline

The science initiatives were adopted at the meeting of ministers of higher education and scientific research held in Panama City, Bahrain, on September 16.

Impact of the UNESCO Report

It was stated that these steps are in line with a 2021 UNESCO report recommending that the six member countries build local research communities instead of purchasing technology from abroad.

Future Plans and New Forum

It was decided that the Second Gulf Higher Education and Scientific Research Forum will be held in Riyadh, Saudi Arabia, in February 2027.