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Gulf states look to innovate beyond oil

Oil-rich states in the Middle East are beginning to invest in technology a world away from oil and gas.

The Gulf region in the Middle East has traditionally focused on investing in new technologies for the oil and gas sector.

Oil-wealth has helped this region boom. But governments are realising that they need to prepare their economies for when the oil runs out.

They have a long way to go, ranking low on INSEAD's recent Global Innovation Index.

Katy Watson reports.

Special report: The Technology of Business