Arab Today, arab today uae climbs up in economic competitive rankings
Last Updated : GMT 13:07:15
Arab Today, arab today
Arab Today, arab today

UAE climbs up in economic competitive rankings

Arab Today, arab today

Arab Today, arab today UAE climbs up in economic competitive rankings

Abu Dhabi - Arabstoday

Reliable infrastructure, a business-friendly environment and a dynamic economy are the key attractiveness indicators that have helped the UAE climb 12 places to 16 in the 2012 World Competitiveness Yearbook (WCY) rankings. The WCY rankings measure how well countries manage their economies and human resources to increase their prosperity. The survey is conducted by IMD, a global business school based in Switzerland. The most competitive of the 59 ranked economies in 2012 was Hong Kong, followed by the US and Switzerland. But the UAE was the biggest climber, jumping from the 28th position in 2011 to the 16th this year. Dr Hischam El Agamy, Executive Director, IMD, said a fertile environment for business made a big difference over the past 12 months. “This result, in my opinion, is down to the alignment of government and business. Businesses in the UAE have made the most of policies and framework provided by the government. We’ve looked into this data several times and there are no mistakes. The government did a great job creating the framework for businesses to grow,” said El Agamy, who is responsible for IMD’s activities in south-east Europe, Africa, the Middle East, South Africa and South-east Asia. In the IMD survey of more than 4,200 international executives, respondents were asked to select five key attractiveness indicators of each country’s economy from a list of 15. The most popular response for the UAE was reliable infrastructure (61.9 per cent) followed by business-friendly environment (58.3), dynamism of the economy (51.2), open and positive attitudes (46.4) and competency of government (39.3). Looking towards the next 12 months, El Agamy believes the UAE is in a position to weather the economic storm originating from Europe. He cites the UAE’s key attractiveness indicators as reasons why the economy could continue to grow. “We’re all on the same planet, but some countries have more opportunity for growth than others,” said El Agamy. “The Middle East is a prosperous region but a lot depends on what happens in other parts of the world. There is still a lot to be done in some countries, but the UAE can counter balance between Europe and Asia. It is attracting investors from the right places; Asia sees the UAE as a great hub.” The IBD World Competitiveness Yearbook has been published since 1989 and is recognised as one of the leading annual reports on the competitiveness of nations.

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*

Arab Today, arab today uae climbs up in economic competitive rankings Arab Today, arab today uae climbs up in economic competitive rankings

 



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*

Arab Today, arab today uae climbs up in economic competitive rankings Arab Today, arab today uae climbs up in economic competitive rankings

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today A no-frills business success

GMT 07:00 2017 Wednesday ,20 September

A no-frills business success
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Israel sees benefits in independent Kurdistan: experts

GMT 07:58 2017 Wednesday ,20 September

Israel sees benefits in independent Kurdistan: experts
Arab Today, arab today Saudi Arabia to unblock internet calling apps

GMT 11:31 2017 Wednesday ,20 September

Saudi Arabia to unblock internet calling apps
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today New Zealand opposition looks

GMT 10:35 2017 Thursday ,14 September

New Zealand opposition looks
Arab Today, arab today Puerto Rico, Virgin Islands brace

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Five trends at the Frankfurt auto show

GMT 12:04 2017 Monday ,18 September

Five trends at the Frankfurt auto show
Arab Today, arab today Renault-Nissan to launch

GMT 10:44 2017 Saturday ,16 September

Renault-Nissan to launch
Arab Today, arab today Horia Farghaly happy for success of “Case G”

GMT 12:14 2017 Monday ,18 September

Horia Farghaly happy for success of “Case G”
Arab Today, arab today France hopeful of persuading Trump

GMT 06:21 2017 Wednesday ,20 September

France hopeful of persuading Trump

GMT 06:31 2017 Saturday ,16 September

Eman Al Assy receives three offers

GMT 05:05 2017 Tuesday ,12 September

Pregnant woman's suicide roils China

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 19:18 2017 Monday ,18 September

5,000 'Dieselgate' deaths in Europe per year

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 04:26 2017 Wednesday ,20 September

Opioid overdose deaths take 2.5 months

GMT 11:40 2017 Monday ,18 September

Russia and Iraq restore air travel

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:56 2017 Friday ,15 September

Apple's grand plan in Ireland held up by a forest

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
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
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday