Succeeded in providing legislation and supportive procedures on the level of corporate flexibility and a "privileged environment"

The UAE is among the top 20 countries in the world in 13 indicators related to entrepreneurship

The UAE provides more than many of the major global economies.

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Five specialized international institutions ranked the UAE among the top 20 countries around the world, in 13 indicators for the entrepreneurship sector, during the past year, which reflects the correctness of the country's approach to the policies it has followed during the past period to develop the sector and enhance its leadership.

The international reports, which gave the UAE advanced positions in the competitiveness indicators of the entrepreneurship sector around the world - as monitored by the Federal Center for Competitiveness and Statistics - included the annual book of global competitiveness and the competitiveness of tourism and travel, the "Competitiveness Report 4.0", in addition to the global digital competitiveness reports. Ease of doing business.

Legislation

The reports of international institutions show their consensus on the UAE’s success in providing all the legislation and procedures that would support entrepreneurship in the country, whether on the level of corporate flexibility or the availability of investment capital, and the distinctive environment for establishing small and medium enterprises, in a way that exceeds what many countries provide. Within the list of major global economies, including the United States, Canada, the United Kingdom, China and Japan, and many other countries.

capital

Through the 13 international competitiveness indicators that have been monitored in the sector, it is evident that the UAE has achieved second place in the world in entrepreneurship, according to the rankings of the Global Competitiveness Yearbook issued by the International Institute for Administrative Development during the year 2020, while the World Economic Forum’s report ranked it fourth in the index. Availability of venture capital and ranked fifth in the growth of innovative companies.

Corporate flexibility

The UAE ranked sixth in the world in the indicators of corporate resilience and investment capital, according to the Global Digital Competitiveness Report, and the same rank in the index of changing market conditions.

The country ranked seventh in the attitudes toward entrepreneurship risk index, and the eighth place in the index of days to start a business, according to the Tourism and Travel Competitiveness Report.

The country also ranked ninth in the world in the index of small and medium enterprises, and the same rank in the index of the cost of capital, while it ranked 10 in the index of corporate debt, and 11 in the index of total entrepreneurial activity in the early stages.

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