UAE the first in the Middle East and Africa and sixth in the world in investment opportunities
According to a new index issued by Global Citizen Solutions, a British company specializing in investment advisory services.
The UAE ranked first in the Middle East and Africa and sixth in the world in investment opportunities.
Moreover, the company stated in the report accompanying the results of the index that the UAE achieved this advanced ranking on the index.
Due to its stable economy and the focus of its leaders on innovation.
In fact, the United Arab Emirates obtained a total score of 82 out of 100 points in the index.
The report explained that the UAE obtained this score as a result of its scores on three sub-indicators:
Global competitiveness, per capita GDP, and personal income tax.
You can read: The UAE among Competitiveness Report Top 10
In case you are interested, you can find below additional details about the index:
The index evaluated 197 countries on a variety of factors.
The factors of the index includes:
–Ease of doing business.
-Strength of the legal system.
-The level of corruption.
-Availability of skilled labor.
In fact, the UAE scored well in all of these areas.
Particularly in the ease of doing business and the strength of the legal system.
Billions Invested in Renewable Energy in the UAE.
the UAE announced the formation of an Investment Ministry to be led by Mohammed Hassan Alsuwaidi.
Currently he also serves as the deputy chairman of Masdar, a clean energy firm that has committed tens of billions of dollars to worldwide projects.
Surely, the UAE’s oil wealth powered its transformation into a major hub for business and tourism.
Which is known for the futuristic cities of Dubai and Abu Dhabi.
The UAE’s strong performance in the index is a testament to its commitment to creating a favorable environment for investment.
It also shows the strength of the UAE economy and the support of the government for investors.
Especially the new investors who are supported with many solutions from the government.
Read More:
Green Jobs Create Sustainable Future For Next Generations.
UAE attracted 57% of (FDI) Foreign Direct Investment Projects.
