UAE Economic Freedom: No. 1 in competitiveness

The UAE is the most competitive economy in the Arab world

Published

on

The UAE is among the top three most economically-free Arab nations. The second-largest Arab economy (after Saudi Arabia), the UAE has a gross domestic product per capita of $39,179. The World Economic Forum had named the country the most competitive economy in the Arab world. The UAE’s economic freedom score is 76.2, making its economy the 18th freest in the Heritage Foundation’s 2020 Index of Economic Freedom. The country is ranked first among 14 countries in the Middle East and North Africa region.

News
Columnists, commentators, correspondents, copy-editors, or simply editors, reporters and writers... we are all of these (and a little more). What really defines this motley group of journalists, though, is our passion for Dubai. The city is our second home, and we're here to showcase its many facets to the world
Advertisement

Be the first to write a comment.

Your feedback

Expo 2020, holidays lift Dubai hotel room rates to 6-year high

Call it the Expo 2020 Dubai bonanza. An action-packed December – the ongoing Expo 2020 Dubai, National Day celebrations, Christmas and New Year's Eve festivities – helped the city’s hotels close 2021 on a high. A six-year high, to be precise. The latest data from STR shows that the city’s...
Continue Reading

Dubai driving licence: Golden Visa-holders can skip classes 

Dubai’s Roads and Transport Authority (RTA) has announced that foreigners holding a Golden Visa can get a Dubai driving licence without taking any driving classes. However, Golden Visa holders will still need to clear the knowledge and driving tests...
Continue Reading

UAE welcomes 2022 with the world’s most powerful passport 

The UAE has once again bagged the coveted title of ‘World’s Most Powerful Passport’ in 2021, based on the Passport Index. According to the Global Mobility Report Q4 2021 published by Arton Capital, the Emirati passport grants widespread...
Continue Reading

Dubai rings in New Year 2022 with fireworks, laser shows 

Dubai ushered in the New Year with a scintillating display of fireworks at multiple locations across the city. In the UAE’s year of the 50th, the country took all precautions to ring in a socially-distanced 2022. Even the heavy rains on the last day of the year could not dampen the festive ...
Continue Reading

Top 7 things to do in Dubai this week (Dec 31-Jan 6, 2022) 

Eve of Wonders-New Year Fireworks   Where: Sheikh Mohammed bin Rashid Boulevard   When: December 31  Timings: 8.30 pm onwards  Tickets: Free to watch  Photo credit: Emaar What is it: The...
Continue Reading

New platform to boost Dubai’s timeshare property market  

Dubai has introduced an online platform to boost the timeshare real estate market. Developed by Dubai’s Department of Economy and Tourism (DET), the portal allows would-be operators to submit applications for timeshare properties and receive permits as...
Continue Reading