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GCC Industrialists Conference recommends increased spending on research and development centers

Concluded the conference of industrialists in Riyadh Gulf XIII "knowledge-based industries and new technologies," and called the conference in his closing statement, financial institutions, banks and development funds in the countries of the Council to develop innovative programs and long-term corporate finance industrial knowledge.

The statement emphasized the need to increase spending on R & D centers in the GCC countries more effectively, and included in the framework of national strategies for scientific research.

I also recommend the importance of strengthening and developing a culture of scientific research and invention, development and values the importance of the role of science, scientists, and awareness among members of society, and efforts to attract private sector to increase its contribution to the investment in research and development, and work to attract scientists and artists and to provide material and moral incentives suitable for them.

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