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DATA FOR A BETTER FUTURE
- Real GDP 2017 generates 0.8% growth and 2.5% growth for non-oil sectors in 2017
- Current GDP for 2017 achieves 7.2%
Dubai, UAE – 12 June 2018
UAE to welcome over 1,500 data experts from around the world in October
Dubai, June 9, 2018
UAE First Regionally and Seventh Globally, According to IMD World Competitiveness Yearbook 20182018
Mohammad Bin Rashid: Our competitiveness journey is an accelerating one, and it only makes us more determined to reach the highest ranks
UAE is number one globally in 23 indicators including “Government Decisions” and “International Talent”
- UAE is the only country in the region to be among the top 10 in the World Competitiveness Yearbook 2018
- UAE maintained its leadership in the region and moved up three ranks from 2017’s position
- UAE moved up 21 positions in 7 years from 2011 till 2018
- Mohammad Bin Rashid: We have the determination, we have the talent, and we have the resources. Being Number One suits our nation
- Mohammad Bin Rashid: UAE’s experience is a regional one that led to a top global rank. An experience of determination and success that is open for all the Arab nations. We will continue in enhancing our business environment, our infrastructure and our resources, because we want a better life for our people and all the residents in the UAE.
Dubai, UAE – 23 May 2018
The United Arab Emirates came in first rank regionally and seventh rank globally in global competitiveness. That is according to the latest edition of the World Competitiveness Yearbook 2018, published by the Swiss based Insatiate of Management Development (IMD) that was unveiled today. According to the report, the UAE out-performed advanced economies such as Sweden, Norway and Canada and has jumped 21 ranks between the years 2011 and 2018.
According to the report, the UAE came first globally in various indicators such as “Government Decisions”, “Public-Private Partnerships”, “Employment” and “International Talent”. The UAE also came second globally in “Business Efficiency” factor, and third globally in “Diversification of Economy”, “City Management” indicators, forth in “Energy infrastructure” and “Development and Application of Technology” indicators.
His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President Prime Minister and Ruler of Dubai stated that the UAE’s experience is a regional one that led to a top global rank. An experience of determination and success that is open for all the Arab nations. We will continue in enhancing our business environment, our infrastructure and our resources, because we want a better life for our people and all the residents in the UAE.
His Highness added that UAE’s competitiveness journey is an accelerating one, and it only makes us more determined to reach the highest ranks, stressing that we will continue in the competitiveness race and we will not settling for anything less than being number one globally. His Highness concluded by saying” We have the determination, we have the talent, and we have the resources. Being Number One suits our nation.
Emirati Leadership
The IMD World Competitiveness Yearbook 2018 is comprised of four key factors, 20 sub factors and 340 indicators that cover all the major areas of a nations competitiveness in social, administrative, business economic topics that also include government efficiency, education and innovation. In the Economic Factor, the UAE moved from fifth globally in 2017, to third globally in 2018. It also retained its fourth global rank in the government efficiency factor.
On an indicator level, UAE held a number of advanced position in various indicators such as International Trade (1st globally), Employment (3rd globally), and International Investment (10th globally). UAE also achieved high ranks in a number of indictors such as first globally in Employment as a percentage of population, 3rd globally in Diversification of Economy, 5th globally and Export Growth and 6th globally in Youth Unemployment (lack of). The UAE also achieved number one in Quality of Air Transportation and Public-Private Partnerships. The UAE also came 2nd globally in Cyber Security, 3rd globally in Management of Cities, Maintenance and Development and 4th globally in Energy Infrastructure and Application and Development of Technology.
Government and Business Environment
In the Government Effeminacy factor, UAE maintained its 4th rank globally as well as achieved the No 1 rank globally in eight indicators, such as “Government Decisions”, “Immigration laws”, 2nd globally in “Adaptability of Government Policy” and “Lack of Bureaucracy”, 3rd in “Ease of Doing Business” and 4th globally in “Labor regulations”.
As for the Business Efficiency, UAE kept its 2nd rank globally and achieved the first rank globally in 7 of its indicators such as “Overall productivity”, “Industrial Disputes (Lack of)”, “Labor force percentage of total population”, “International Experience” and “Attitudes Towards Globalization”. UAE also came 2nd globally in “Entrepreneurship”, “Digital Transformation”, “Changing Market Conditions” and “Agility of Companies”. The UAE achieved 3rd globally in “Opportunities and Threats” and 5th globally in Use of big data and analytics.”
Commenting on this year’s performance, Her Excellency Reem bin Ibrahim Al Hashimy, Minister of State of International Corporation and Chairwoman of the Federal Competitiveness and Statistics Authority, said: “Under the guidance and direction of the UAE wise leadership, which is built on the continued and sustainable investment in human development and national talent, adoption of innovation and the non-stop development and improvement for the UAE economy; UAE has proven the effectiveness of its comprehensive developmental strategy that its government entities is implementing.”
“We wish to congratulate the UAE leadership and people for this great achievement and comment the collaborative efforts of all the local and federal government entities that worked hand in hand, in support of UAE international competitiveness and the progress it made this year,” added Her Excellency.
Malik Radwan Al Madani, Director of Competitiveness Strategy Deferment at the FCSA added that “No single entity alone can enhance competitiveness performance. It is the result of a collaborative effort between all the relevant local and federal government entities, through the commitment in the constant improvement of performance, the launch of impactful programs and initiatives that aim to extend services to businesses and individuals, thus, moving the nation’s competitiveness scale and contributing to the countries journey to become one of the best countries in the world by the year 2021.”
Global Rankings
In an analysis prepared by the Competitiveness Strategy at the FCSA showed that this year’s top 10 position was highlighted by extensive movement between competing economies. Most prominently, was the United States of America taking over Hong Kong as the Number 1 most competitive country. Hong Kong moved to 2nd followed by Singapore which moved up to number 3. The Netherlands captured the 4th place moving ahead of Switzerland that moved back to 5th and Denmark to the 6th place. UAE moved up to 7th place ahead of Norway, 8th, Sweden 9th and Canada 10th.
The IMD World Competitiveness Center, a research group at IMD business school in Switzerland, has published the rankings every year since 1989. This year 63 countries are ranked.
Al Mheiri: Data is key for UAE’s Future Food Security Strategy
Dubai, UAE, 28 February 2018
During her tour of the headquarters of Federal Competitiveness and Statistics Authority (FCSA), H.E. Maryam bint Mohammed Saeed Al Mheiri, Minister of State for Future Food Security underscored the importance of cooperation and identifying areas of collaboration between the two entities. The minister met with FCSA team and was briefed on the authority’s mandate and scope of responsibilities in managing global UAE competitiveness efforts, statistics and data portfolio and the realization of sustainable development goals.
Additionally, FCSA Team presented an overview of statistical indicators related to food security and discussed strategic aspects of statistical work, means of collecting data and making it accessible to stakeholders, particularly joint projects between FCSA and government entities, as well as the private sector.
During the meeting, the minister indicated the importance of collaboration with FCSA on the Minister’s initiatives and future projects, as well as FCSA’s role in supporting such programs through FCSA’s expertise in both statistics and competitiveness.
H.E. Al Mheiri said that she looks forward to further cooperation and future joint projects with the FCSA, specifically taking advantage of the entity’s expertise in the field of researches and knowledge products to support UAE’s Future Food Security portfolio.
H.E. Abdullah Nasser Lootah, FCSA Director General, said: “FCSA is keen to support federal and local government authorities in the field of statistics, data and global competitiveness ranking. FCSA’s expertise and competencies are all set to be at the disposal of H.E. the Minister and her team with the aim to achieve the desired goals and support UAE’s strategy to achieve food security,” he emphasized.
Following the meeting, Al Mheiri was taken on a tour of FCSA office and was briefed on the services and facilities highlighting the distinctive architectural design of FCSA headquarters and its impact on employees, inducing a creative work environment that stimulates productivity and innovation.
- Partnerships that enhance competitiveness and commercial rule of law will underpin investment opportunities in Dubai and UAE
- Business environment and investors power reflect positively on UAE’s rank in competitiveness reports
Dubai, UAE- 26 February 2018
Mark Beer, OBE, Chief Executive of the Dispute Resolution Authority (DRA) at Dubai International Financial Centre (DIFC) and an accompanying delegation of senior executives, consultants and financial analysts, visited the FCSA to discuss mutual areas of cooperation between the two entities.
Both teams discussed various topics related to the investment environment in UAE, attending to investors’ interests and attracting development projects that contribute to the sustainability of UAE economic sectors.
“We are glad to have had the opportunity to understand FCSA’s role in boosting its competitiveness in global reports and indicators”, said Mr. Beer. He also hailed FCSA’s interest in collaborating with stakeholders who can influence UAE’s ranking and performance in competitiveness reports, and all the current effort being exerted to maintain an attractive investment environment in the UAE.
“In addition to contributing to UAE’s future plans to become a knowledge-based economy, it is very important that investors have access to accurate data and statistics that reflect market conditions”, said Mr. Beer.
H.E. Abdullah Nasser Lootah, FCSA Director General, addressed the visiting delegation by underlining that the meeting was fruitful and valuable while stressing the importance of partnerships and cooperation in issues of mutual interest.
He also featured the role of the DRA in protecting investors. He affirmed: “Indeed, the DRA is keen to attend to the interests of the investment environment in the Emirate of Dubai and the implications of such an environment on the financial sector in UAE as a whole, which could reflect positively on the country’s performance in global competitiveness rankings.”
Noteworthy, FCSA is so dedicated to promoting joint cooperation with various authorities and institutions in both public and private sectors. By the end of 2017, FCSA hosted more than 60 official delegations and visits at its headquarters, that is receiving more than one official visit per week from various local and out of the country entities. Indeed, FCSA believes in the importance of participatory work aiming at achieving joint interests and future visions for a knowledge-based society which is supported by accurate and transparent statistics and data based on innovation.
H.E. Reem bint Ibrahim Al Hashimy:
- Happiness is the guiding gauge for sustainable development.
H.E. Ohood bint Khalfan Al Roumi:
- The ‘SDGs In Action’ forum reaffirms that happiness as key to the success of sustainable development.
Dubai, February 5, 2018
The National Committee on Sustainable Development Goals has included happiness and positivity on the agenda for the upcoming “SDGs In Action 2018” forum, set to take place on February 10, on the sidelines of the World Government Summit in Dubai.
The new addition sheds light on the role of happiness and positivity in achieving the objectives of the 2030 Agenda for Sustainable Development in the region and the world. Representatives from the National Happiness and Positivity Programme are set to take part in some of the Forum’s sessions, in order to showcase the UAE’s experience, vision and strategies for spreading happiness among members of the community, and highlight the pragmatic steps taken to implement these goals.
Her Excellency Reem bint Ibrahim Al Hashimy, Minister of State for International Cooperation, Chairwoman of the Federal Competitiveness and Statistics Authority (FCSA) and Chairwoman of the National Committee on Sustainable Development Goals, said: “Happiness and positivity are key to sustainable development in the UAE. Our country’s consistent high ranking on international happiness indices is a testament to the validity and success of our government’s policies, initiatives and services, all of which seek, first and foremost, to guarantee the wellbeing and happiness of the community. These efforts have catalysed growth in several key sectors in the UAE, boosting the country’s international competitiveness.”
“The inclusion of happiness in the Forum’s agenda adheres to the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, Ruler of Dubai, to embrace happiness as a way of life. It is an opportunity to highlight the visions and strategies adopted by the government to ensure that happiness is treated as a means to achieve sustainable development,” H.E. Al Hashimy added.
For her part, H.E. Ohood bint Khalfan Al Roumi, Minister of State for Happiness and Wellbeing, Director General of the Prime Minister’s Office at the Ministry of Cabinet Affairs and the Future, said: “The accelerated pace of development and prosperity in the UAE is a reflection of the legacy that our Founding Father, H.H. the late Sheikh Zayed bin Sultan Al Nahyan, had established for us to keep moving forward, realise the vision and aspirations of our wise leadership, and implement plans and strategies to promote the happiness and wellbeing of our people. This vision closely resonates with the United Nations’ 2030 Agenda for Sustainable Development, which seeks to make the world a better place. The UAE was one of the first nations to support this Agenda and synchronise it with our national priorities.”
“The ‘SDGs In Action 2018’ forum is an important milestone in the quest to establish the happiness of individuals as a key ingredient in the success of sustainable development efforts,” H.E. Al Roumi continued. “We are committed to building strategic partnerships and bridges of cooperation and communication with all entities involved in implementing the 2030 Agenda in the UAE, which would allow us to develop, apply and harmonise government plans, programmes and policies to support sustainable development and spread happiness.”
The forum is set to bring together 300 officials and decision makers from the government, the private sector and academic institutions from the UAE and abroad, to discuss a set of plans, strategies and initiatives aimed at achieving sustainable development in the UAE and the world. Participants will also explore the challenges inhibiting growth, and the UAE’s pioneering experience and impressive developmental track record, which has caught the world’s attention.
- Young Emiratis to take part in an event to discuss the implementation of SDGs on the sidelines of the World Government Summit 2018.
Dubai, January 30, 2018
The National Committee on Sustainable Development Goals applauded the great turnout from young Emiratis for the “SDGs in Action 2018” event, set to take place on February 10, 2018, on the sidelines of the World Government Summit, in an effort to engage the youth in SDG plans and programmes.
The UAE youth join more than 300 executives from various local and international public, private and academic establishments to discuss plans, strategies and initiatives that seek to achieve sustainable development, and address key challenges facing SDGs around the world.
Her Excellency Reem bint Ibrahim Al Hashemi, Minister of State for International Cooperation, Chairperson of the Board of the Federal Competitiveness and Statistics Authority (FCSA), said: “Harnessing young people’s energy and channelling it towards development plans is the key to successful sustainable progress. In line with the leadership’s wise vision to engage young people in decision making, UAE government officials are committed to encouraging young Emiratis to take part in international events of this scale, in an effort to hone their skills and build on their ideas and suggestions to address challenges and build a better future.”
“Through its National Committee on Sustainable Development Goals, the Federal Competitiveness and Statistics Authority is committed to engaging young people in the sustainability agenda,” H.E. Al Hashemi added. “Their involvement is the fruit of the many initiatives that brought together the Authority, the Committee, and the Ministry of State for Youth Affairs, since His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, Ruler of Dubai, announced, in February 2016, the world’s first ministry dedicated to the youth.”
H.E. Shamma bint Suhail bin Faris Al Mazrui, UAE Minister of State for Youth Affairs, Chairperson of the Emirates Youth Council, added: “We are delighted to be taking part in this event dedicated to the sustainable development goals, which offers opportunities to explore international best practices, exchange ideas, and build robust networks to empower the youth as they join the sustainable development efforts spanning all sectors in the UAE, the region and the world.”
“The UAE leadership prioritises investment in human resources – particularly, the youth,” H.E. Al Mazrui pointed out. “Federal and Local Government bodies have been instructed to set plans and strategies to empower the youth and prepare a generation of highly qualified professionals to carry on with the sustainable development efforts taking place across the country. This reflects our leaders’ faith in the youth, who they consider to be the engine and driving force behind sustainable development.”
“SDGs in Action 2018” is an international event that seeks to discuss pragmatic solution to achieve sustainable development, raise awareness around them among all segments of society, discuss national and international best practices in this field, open channels for effective communication between all parties involved, and extend bridges of cooperation to achieve these goals on a global scale.
Ministerial Roundtable of XDGS foresees the future of the world 2030-2045, discusses international cooperation efforts to overcome challenges
As part of the World Governments Summit 2024, the XDGS Ministerial Roundtable was held on the first day of the summit to strengthen international cooperation and address growing global challenges.
Participating ministers from various fields met to set an ambitious agenda for global development and cross-border cooperation, under the theme “XDGs 2045: Navigating the Future of Our World," with the aim of stimulating concrete actions in line with global dialogue and the urgent need to strengthen sustainable development plans by following a comprehensive mechanism and a forward-looking approach to future global development.
This meeting came amid a constantly changing landscape in the twenty-first century and in light of challenges such as climate change, technological developments, and changing geopolitical dynamics, as world leaders face unprecedented challenges, which impose the need to intensify international efforts and coordinate action among countries to confront these challenges and shape the future of international cooperation.
To effectively navigate this uncertain future, leaders must first address a critical question: How can we collaboratively design a strong and just post-2030 global agenda that reflects the changing needs and aspirations of our interconnected world?
The XDGs 2045 Ministerial Roundtable aims to set a joint and ambitious agenda to promote sustainable development, and identify practical steps to achieve these common global goals, through the exchange of experiences and ideas between ministers and government leaders, as the roundtable contributed to developing innovative and effective strategies to achieve sustainable development goals in the short and long term.
The roundtable discussions cover the XDGs 2045 “Shaping The Future of Our World" Report, which indicates the role and obligations that each country must have towards implementing the sustainable development system and standards, which were previously presented in February 2023. The United Arab Emirates activated the concept of the XDGS 2045 Ministerial Roundtable as a dedicated event at the World Governments Summit. For governments to develop radical solutions to the challenges of the unknown future the world may face and practical strategies to achieve specific goals.
The ministerial roundtable was chaired by Eng. Suhail Mohammed Faraj Al Mazroui, Minister of Energy and Infrastructure and Chairman of the Global Council on SDG 11, Hanan Mansour Ahli, Managing Director of the Federal Competitiveness and Statistics Centre, and Dr Mahmoud Mohieldin, Executive Director of the International Monetary Fund and Special Envoy of the United Nations for Financing the 2030 Agenda for Sustainable Development and Chairman of the Global Council on SDG 1.
Ulvi Ramiz oglu Mehdiyev, Chairman of the State Agency for Public Service and Social Innovations under the President of the Republic of Azerbaijan, and Dr. Heika Harmgart, Managing Director Europan Bank for Reconstruction & Development, Raouf Mazou, Assistant High Commissioner for Operations, UNHCR, and Bora Muzhaqi, Minister of Youth and Children of the Republic of Albania, also participated.
Suhail Al Mazrouie said: “The United Arab Emirates, through the visionary leadership, is working to solidify the country’s position as an active participant in implementing sustainable development goals through collective action with all nations worldwide, benefiting peoples and communities to achieve development goals and create a better future for all."
He added: “There isn’t much time left until the final deadline agreed upon by the international community in 2030. Promises, ideas, and visions alone are not sufficient today. Instead, the focus must be on action, implementation, and achievement. The challenges facing the world are increasing in size and complexity day by day, making it imperative to launch immediate solutions to enable governments and individuals to efficiently and effectively address the larger and more complex challenges."
"The summit serves as a platform where governments, international organizations, institutions, academia, and civil society convene to address the challenges and opportunities of the future," His Excellency emphasised. He further highlighted that the Global Governments Summit offers governments a forum to facilitate and stimulate the sharing of ideas, foster collaboration, and forge partnerships aimed at advancing the global goals beyond 2030.
His Excellency Abdulla Nasser Lootah, Deputy Minister of Cabinet Affairs for Competitiveness and Knowledge Exchange, and Vice Chairman of the National Committee on Sustainable Development Goals, stated that the ministerial roundtable presents a significant opportunity to expand upon the discussions held during last year’s World Governments Summit, which addressed the need to develop the global development agenda for 2030, review current commitments, and analyse future opportunities.
He further added: “The commitment of the United Arab Emirates to sustainable development is at the core of the visionary leadership’s vision for the future of the country, aiming to be one of the best countries in the world. At a time when its experience in dealing with sustainable development goals has become a global benchmark to be guided by, and an inspiring practice from which many governments around the world benefit, aspiring to achieve their national sustainability agendas."
Dr. Mahmoud Mohieldin said: “The global community must endeavor to make 2024 and the subsequent years a period of fast acceleration towards attaining the 2030 SDGs through effective public, private philanthropy partnerships, significant finance stimulus, knowledge and technology sharing and capacity development," he added.
A detailed outline of the renewed global commitment was developed as one of the most important points of discussion, as participants seek to identify effective mechanisms to ensure the commitment of countries and international organizations to achieving the set goals. Emphasis will be placed on developing specific action plans and defining responsibilities and incentives to ensure that agreed commitments are implemented effectively and comprehensively.
Through these proposed points of discussion, the XDGs 2045 Ministerial Roundtable demonstrates a strong commitment to sustainable development and international cooperation in multiple areas. Hopes are high that this meeting will contribute to developing specific and sustainable action plans to build a better and more sustainable future for all.
It is worth noting that the XDGs 2045 Ministerial Roundtable aims to identify the practical steps that should be taken to achieve sustainable development and focus on cooperative efforts among ministers to overcome global challenges and promote sustainable development.
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