oman no1 in region for starting a business
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Oman 'No1' in region for starting a business

Arab Today, arab today

Arab Today, arab today Oman 'No1' in region for starting a business

The Sultanate of Oman ranks 77th out of 129 countries globally included in the report, which was
Muscat - Arab today

 Oman ranks as the leading Arab country for starting businesses, according to a new report.

This year’s Global Innovation Index (GII) theme is ‘Innovation Feeding the World’, and marks the release of the 10th edition of the report. 

Oman ranked first in the Arab world for starting businesses. “This progress is due to the facilities provided by the Sultanate to investors and entrepreneurs through various government agencies in charge of commercial registration,” a Ministry of Commerce and Industry spokesman said.


The Global Innovation Index (GII) 2017 also ranked Oman 3rd in the Arab world with regards to rule of law, institutional pillars, political environment, and economic environment.

The Sultanate ranks 77th out of 129 countries globally included in the report, which was produced by Cornell University, INSEAD, and the World Intellectual Property Organization. 

In the Arab world, Oman also ranks 3rd for political stability, absence of violence, and regulatory environment; 4th in spending on education and human capital; and 5th for ease of paying taxes.

Switzerland ranked as the top country overall for the seventh consecutive year, followed by Sweden, Netherlands, the United States of America, and the United Kingdom.

With the exception of the USA, the top ten countries are all European countries. The bottom ranking country was Yemen. 

The report focused on agriculture, water resources and sustainability in this year’s report. It noted that 14 of the 20 most water-scarce countries in the world were located in the Middle East and North Africa (MENA) region.

“Desalination currently plays a critical role in supplying water to the populations of MENA countries, and will continue to do so moving forward as these populations continue to grow.”

“But desalination plants are energy and resource intensive, and for that reason many MENA countries are investing in concentrating solar power (CSP) plants, which use large mirrors to generate thermal energy for desalination. Given the high costs associated with CSP, the public and private sectors will need to work together to ensure broader adoption,” the report said. 

Source: Timesofoman

 

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

oman no1 in region for starting a business oman no1 in region for starting a business

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

oman no1 in region for starting a business oman no1 in region for starting a business

 



GMT 16:16 2014 Wednesday ,10 September

Samirah Ibrahim receives Saudi cultural attaché

GMT 09:32 2017 Sunday ,24 September

China confirms will limit oil exports to North Korea

GMT 19:56 2016 Saturday ,17 September

Typhoon Meranti death toll rises to 28

GMT 09:40 2018 Monday ,01 January

OIC Summit opens in Kazakhstan

GMT 06:37 2015 Monday ,07 December

Iran film directors protest colleague's jail term

GMT 18:37 2017 Friday ,25 August

Mental health issues should be prioritized

GMT 04:39 2017 Thursday ,31 August

Trump vows to right 'self-destructive' tax code

GMT 05:29 2017 Tuesday ,22 August

Celebrations across India on 71st Independence Day

GMT 10:54 2017 Wednesday ,11 October

Child obesity grows tenfold since 1975

GMT 02:31 2016 Tuesday ,06 December

Dubai Women Establishment delegation participates

GMT 04:29 2018 Wednesday ,19 September

North and South Korea: Kim and Moon hail new future

GMT 14:18 2013 Monday ,19 August

Newlywed Lebanese couple pose at car bomb site

GMT 11:11 2011 Friday ,12 August

Palestinian university ranks seventh in Arab world

GMT 15:16 2015 Wednesday ,26 August

UAE ambassador attends charity ceremony in Qalubiya

GMT 16:59 2016 Tuesday ,26 July

Hedge funds in new cycle of oil short-selling
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday