According to the most recent Arab Economic Competitiveness Index published by the Arab Monetary Fund (AMF), the UAE has solidified its status as the most economically competitive country in the Arab world.
The seventh edition of the AMF’s Arab Economic Competitiveness Report, which highlights this outstanding achievement, highlights the UAE’s consistent advancement in several critical areas, such as its overall solid economy, expanding allure, and increasingly appealing investment climate.
The research said that the UAE ranked first in the tax burden index, second in the deficit/surplus to GDP ratio, and first in the government financial sector index.
The research also stated that the United Arab Emirates (UAE) topped the Economic Freedom Index (EFI) due to its advanced ranking in all sub-indices, and it ranked first among Arab nations in terms of investment environment and attractiveness.
Regarding mobile phone subscriptions and the proportion of the population with access to energy, the UAE led the infrastructure sector index as well. It ranked second in terms of the share of air travel and shipping in all forms of global transportation.
The United Arab Emirates (UAE) topped the Arab countries list in the institutional and good governance domains, scoring highly in the government efficiency and administrative corruption indexes.
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