Monday 5 March 2018
Being the most sustainable, innovative, and resilient business environments in the Middle East is not enough for the UAE, which has emerged as the best in the world on as many as 50 indices collated by globally respected organizations.
According to the World Competitiveness Report 2017-2018 by the World Economic Forum, the UAE is ranked No. 1 in the world on various pillars, including Efficiency of Government Spending, the Effect of Taxation on Incentives to Invest, and the Quality of Roads. The country tops the Arab world in global competitiveness, and is ranked as one of the 20 best competitive economies in the world for the fifth year in a row.
According to the World Competitiveness Yearbook 2017, published by the Switzerland-based IMD World Competitiveness Center, the UAE ranks first in the region and 10th in the world overall. It also ranks No. 1 in the world in 25 categories, including Government Decision Efficiency and Public-Private Partnerships, and Information Security.
The UAE is ranked the world leader in several categories of the World Bank’s Ease of Doing Business 2017-2018 report, while maintaining its positioning as the No. 1 in the Arab world for the fifth consecutive year and vaulting from 26th to 21st place globally.
The WEF’s Travel and Tourism Competitiveness Report 2017 ranks the UAE first in the world on 12 categories, including the Business Cost of Crime and Violence, Government Prioritization of Travel and Tourism Industry, Quality of Tourism Infrastructure, and the Sustainability of Travel and Tourism Industry Development.
The UAE also ranks highest in the world on several social health indicators such as Absence of HIV, Absence of Malaria, Prevalence of Tuberculosis, and Food Shortages.