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The UAE ranks first and tenth globally among 71 indicators of competitiveness

Abdelrahman
UAE
The UAE ranks first and tenth globally among 71 indicators of competitiveness

The UAE was ranked among the first and tenth places globally among 71 indicators of competitiveness during the year 2019, in a move that reflected the rich outcome of the achievements made by the country in its endeavor to reach the first place in all indicators within the international competition map monitored by specialized international institutions, including the annual competition report for the year 2019, which Reported by the Federal Competitiveness and Statistics Authority.

The Federal Government is working to implement a package of competitive policies and procedures, in order to enable the UAE to build strategies for development and economic transformation by benefiting from the competitive advantages of the state and by establishing a system that works to develop human resources, capital and natural resources and exploit them with high efficiency through harnessing the competitiveness of the economy To enhance productivity in all sectors.

The indicators in which the UAE won these advanced positions during the past year included all sectors, including the economy, tourism, communications, technology, trade, national accounts, investment, finance, health, population, education, work, gender balance, society, environment, energy, and water.

In the economy sector, the state ranked first in the entrepreneurship index according to the annual book classification for global competitiveness in addition to the first position in the inflation index, the opportunities and challenges index, the economic resilience index, corporate resilience, the elasticity of the economy, the public-private partnership index and the poverty rate index at the national poverty line and the index The intensity of new business activities alongside the Opportunities and Threats Index.

As for the tourism sector, a monitoring by the Federal Competitiveness and Statistics Authority showed that the UAE ranked first in the travel and tourism index, while it ranked sixth to eighth in succession in the sustainability and development index, the quality of tourism infrastructure index and the marketing effectiveness index to attract tourists.

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Abdelrahman May 8, 2020 May 8, 2020
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