The UAE is among the top 10 globally in economic and business indicators

The UAE is the first in the Arab world and fifth globally in the indicator of growth of innovative companies.

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The Federal Center for Competitiveness and Statistics stated that the UAE was among the top 10 in the world in 18 main indicators of global competitiveness related to the economy and business for the year 2021, according to reports issued by a number of the largest international organizations and institutions concerned with global competitiveness, which supports its position as a main preferred destination for business and trade. and investment.

The center said, “The UAE ranked first in the Arab world, regionally and globally in the Entrepreneurship Index, according to the Global Competitiveness Yearbook report issued by the International Institute for Management Development.

It also ranked second globally in the index of research talent in business projects, according to the report of the Global Innovation Index issued by the Institute (INSEAD), and the index of awareness of changing market conditions, according to the report of the Global Competitiveness Yearbook issued by the International Institute for Management Development.

Recent statistics of the center showed that the UAE ranked first in the Arab world and in the region and third globally in the index of retention of thinkers, according to the report of the Global Talent Competitiveness Index issued by INSEAD.

It also ranked first in the Arab world, regionally, and fourth globally in the unemployment legislation index, according to the Global Competitiveness Yearbook report issued by the International Institute for Management Development.

According to the center, the UAE ranked first in the Arab world and fifth globally in three indicators: the necessary procedures to start a business, according to the report of the World Competitiveness Yearbook issued by the International Institute for Management Development, and the index of total spending on research and development financed by business, according to the report of the index The Global Innovation Index issued by INSEAD, and the Thinkers Attraction Index, according to the Global Talent Competitiveness Index report issued by the same institute.

It also ranked first in the Arab world and fifth globally in the indicator of the growth of innovative companies, according to the Global Competitiveness Report issued by the World Economic Forum.

According to "Competitiveness and Statistics", the UAE ranked first in the Arab world and seventh in the world in three indicators: the index of competition in the global market, according to the report of the Global Talent Competitiveness Index issued by INSEAD, and the index of competition legislation according to the yearbook of global competitiveness, Issued by the International Institute for Management Development, and the Investment Incentives Index according to the same institute.

It also ranked first in the Arab world and seventh globally in the Attitudes Toward Risks Index of Entrepreneurship, according to the Global Competitiveness Report issued by the World Economic Forum.

The UAE ranked first in the Arab world and eighth globally in two indicators: the indicator of the number of days to start a business, according to the Travel and Tourism Competitiveness Report issued by the World Economic Forum, and the indicator of foreign direct investment flows as a percentage of GDP, according to the report of the Global Competitiveness Yearbook issued by International Institute for Management Development.

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