Media Center
DATA FOR A BETTER FUTURE
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.
DUBAI, 22nd January, 2018 (WAM)
The UAE occupied the first regional position and the 17th international position on the Global Talent Competitiveness Index, GTCI, according to the 2018 publication issued by INSEAD.
The report is a comprehensive annual index that measures how countries and cities grow, attract and retain talent, providing a unique resource for decision makers to understand the global talent competitiveness picture and develop strategies for boosting their competitiveness.
In this year’s report, the UAE advanced two positions in compared to last year’s ranking. The UAE retained its rank among the 20 best countries in the world on the index, topping GCC, Middle East and African countries
Reem bint Ibrahim Al Hashimy, Minister of State for International Cooperation and Chairwoman of Federal Competitiveness and Statistics Authority, FCSA, expressed her pride in this achievement and thanked all government authorities and private sector companies for their co-operation in supporting the UAE’s competitiveness.
She stressed that UAE’s progress in the talent competitiveness index proves to the world the efficiency of its comprehensive development strategy, based on the directives of its wise leadership, aimed at building a knowledge-based economy, as well as its success in providing an environment that attracts talent.
Malik Al Madani, Director of the Competitiveness Strategy Department in FCSA, stressed that the UAE is harvesting the fruits of years of hard work to provide a solid infrastructure and an attractive economic and investment environment as well as establish an advanced education sector. He pointed out that all these components promote the development of human resources in the country and support its progress and international competitiveness.
Al Madani also added that the UAE achieved an exceptional performance in a number of key pillars and sub-indexes in this year’s report, after occupying the first international position in five sub-indexes including easy employment, each employee’s productivity, and international students’ attraction
The report also indicated that the UAE achieved the second international position in the strength of work relations between the government and business index, economic blocs/free zones, attracting minds and talents, and the third international position in the foreign direct investment and technology transfer and maintaining minds and talents.
This year’s report also witnessed an improvement in a number of pillars and sub-indexes as the country jumped by 13 positions compared to last year’s ranking to the first international position in the professional and technical skills pillar, measuring the availability of the required professional and technical skills in the different labour market sectors.
The UAE secured the third place internationally in attraction, which evaluates its ability to attract the best skills from outside the country, in addition to the country’s advancement of 19 levels in this year’s report in the growth axis, which measures the average growth of talent available in the country.
Al Madani said that the country is working to achieve its vision of becoming one of the best countries in the world by the UAE Centennial 2071, by focusing on future foresight, building an economy based on knowledge, creating an attracting business atmosphere, following innovation, and providing an advanced knowledge infrastructure, which supports the creation and exchange of knowledge.
The 2018 edition of GTCI includes 68 variables (65 in 2017), covering 119 countries and 90 cities (respectively 118 and 46 in 2017). This year again, GTCI scores are led by developed, high-income countries.
Switzerland maintains its number 1 position, followed by Singapore and the United States.
European countries continue to dominate the GTCI rankings, with 15 of them in the top 25.
Among the non-European countries ranking high this year, are Australia (11th), New Zealand (12th), Canada (15th), the United Arab Emirates (17th), and Japan (20th) for example.
UAE is leading the Arab region for the fifth consecutive year in World Bank’s Ease of Doing Business report
- The UAE is among the top 10 countries in the world in five of the main topics of the report: Issuing building permits, Getting electricity, Registering Property and protection of minority investors
- The UAE is first globally in Getting Electricity and Paying Taxes topics
- The UAE achieved the highest jump in Resolving Insolvency with 35 ranks jump from last year’s rank
- UAE jumped 13 ranks becoming 1st regionally and 12th globally in Enforcing Contracts
Dubai, UAE 31st October 2017
The World Bank’s Ease of Doing Business 2018 report revealed today that the United Arab Emirates is ranked 21st globally and is ranked top of Arab countries for the fifth year in a row. Additionally, the report showed that the UAE is ranked in the top ten globally in five of the reports 10 topics. The UAE is first globally in ‘paying taxes’ and ‘getting electricity’ topics, UAE also ranked 2nd globally in ‘dealing with construction permits’ and 10th globally in ‘registering property’ and ‘registering property’. According to the methodology adopted by the World Bank for the current year, the UAE jumped from 26th place globally to 21st, ahead of all countries in the Arab region covered by the report and for the fifth year in a row.
Commenting on this achievement, Her Excellency Reem bint Ibrahim Al Hashimy, Minister of State for International Cooperation and Chairwoman of Federal Competitiveness and Statistics Authority, said that the performance of the United Arab Emirates in this year’s report is the result of months of collaboration, hard work and commitment by both federal and local government entities with the Competitive Strategy team at the Federal Competitiveness and Statistics Authority. “Our wise leadership has emphasized the strategic importance of building a business environment that attracts investors from within and outside the country. The UAE was built on the forearms of our founding fathers, who worked in trade and welcome traders from all over the world. We will continue on this path to realize the vision of our leadership’s vision for the UAE to become one of the best countries in the world by the centennial of the founding of the State," added her excellency.
His Excellency Sultan bin Saeed Al Mansouri, Minister of Economy, stressed the important role played by small and medium enterprises as the infrastructure of any economy around the world. "Each year, the UAE demonstrates its ability to compete globally across various sectors. This is thanks to the guidance of the wise leadership of the UAE and a strategic vision that aims to elevate the UAE to become the best country in the world by 2071," added his Excellency Al Mansouri.
HE Obaid Humaid Al Tayer, Minister of State for Financial Affairs, praised the efforts exerted by Ministry of Finance teams and the cooperation of both federal and local government entities to improve UAE’s global competitiveness. "The Ministry of Finance has adopted an innovation-driven strategy in its continuous development efforts of all the services extended to individuals and institutions alike. The Ministry also implements best financial management practices to maintain the continuing improvement of the national financial ecosystem and building a stable and sustainable economy characterized by flexibility and diversity. The UAE’s performance as the 21st best globally in the World Bank report is a global testament to the success of the country’s strategy to build an advanced economic infrastructure and financial system that ensures prosperity and prosperity and achieves global leadership. "
His Excellency Abdullah Mohammed Al Basti, Secretary General of the Executive Council of Dubai and member of the Board of Directors of the Federal Competitiveness and Statistics Authority, said: "We are very excited with the UAE’s progress in this report and achieving 21st position in the world. I am also proud of the role played by Dubai government entities, which represents the UAE in many topics of this report. This accomplishment is attributed to the successful developmental policies adopted by the wise leadership of His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE and His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai; and their vision which is built on innovation and the drive to collaborate to achieve national plans, to reach global leading ranks across all fields and sectors."
According to this year’s report, The World Bank’s report acknowledged the country’s efforts to improve procedures and laws related to the process of establishing companies and facilitating procedures for both domestic and foreign investors. The World Bank report this year officially documented four improvements in the following topics: Dealing with Construction permits, Getting Electricity, Access to Credit and Resolving Insolvency.
These improvements are the outcome of the hard work and dedication of over 50 government official and expert who work all year long to with the strategy competitiveness team at the FCSA working on workshops, simulations, paper work and field visits to the World Bank headquarter in Washington DC.
The Doing Business report issued by the World Bank and the International Finance Corporation (IFC) in Washington and assesses 190 countries that are subject to government measures that affect 10 areas of business life and they are (1) Staring a business, (2) Dealing with construction permits, (3) Getting Electricity, (4) Registering Property, (5) Getting Credit, (6) Protection of minority investors (7) Paying taxes (8) Trading across-borders (9) enforcing contracts and (10) resolving insolvency.
The UAE was ranked first regionally and 16th globally, maintaining its lead among the top 20 competitive economies in the world, according to the recent version of the Global Competitiveness Report 2016 issued by the World Economic Forum (Davos) in Switzerland.
The report is one of the most important global competitiveness reports, which monitors annual performance and competitiveness of the economies of countries in terms of strength, weakness, impact on quality of life, prosperity and well-being of people.
Reem bint Ibrahim Al Hashimi, Minister of State for International Cooperation and Chairperson of the Board of the Federal Competitiveness and Statistics Authority, said that the UAE positions itself on the world stage, thanks to the efforts of the federal and local taskforces who are working as one team under one vision for 2021, and others in this respect.
She added that these taskforces work in accordance with the plans and strategy and subject to continuous evaluation and development in line with the aspirations of the wise leadership to make the UAE one of the best countries in the world by 2021 with the advent of the golden jubilee on the establishment of the Union.
This year’s report surveys the economies of 138 countries rated through 114 performance indexes and in 12 basic axis, including institutions, infrastructure, education, health, innovation, efficiency of the labour market and other topics. Evaluation is based on statistics and data from participating countries in the report in terms of opinion polls and surveys on executives and major investors in those countries.
The UAE was ranked in the first 10 positions globally in three basic themes in the report. It is also among the best 20 countries globally in half of these axes. The UAE came in third place globally in the axis of efficient goods market, which is the sign of success of the diversification policy of the economy in the state, clarity of vision and strategic plans on the performance and efficiency of the business market.
It also came in fourth place globally in the infrastructure hub. This is an indication of activity in infrastructure projects across the country and its role in supporting the UAE economy in all areas and sectors, making it an attractive environment for investment and business at the regional and global level.
High-performance and efficient government institutions
At the level of indicators, the UAE was ranked among the 20 countries globally in 76 out of 114 indicators evaluated in this report. Regarding the institutions, the UAE was ranked first globally in the absence of the impact of crime and violence at work index, and second place globally in the people’s trust in the leadership and lack of wasteful government spending indexes.
The UAE was ranked in the third place globally in the efficient government index. This reflects the success of the leadership strategy and steps taken toward achieving the high performance and efficiency in the government work at the federal and local levels to ensure the happiness of citizens and residents and well-being on the territory of the state.
World-class infrastructure
On the infrastructure, the UAE has won the first place globally in the road quality index and second place globally in the airport infrastructure and means of air transport quality index. It also came in the third place globally in the seaport infrastructure quality and rate of mobile phone subscriptions per 100 users indexes. The UAE was ranked in the fourth place in the global index of quality of infrastructure and fifth in the index of number of airline seats available for each million passengers a week.
This performance reflects the huge investments made by the state to develop and improve the infrastructure in terms of extending road network, building new airports and the expansion of existing airports, the development of seaports and plans to link the UAE rail network within the Union Railway project.
Mature and sophisticated markets
In tribute to the development of the UAE market at various levels, the report reveals the UAE has been ranked in many of the first places in each of goods market efficiency and the labor market efficiency indexes. The UAE was ranked first globally in the lack of impact of taxes on investment index. And the second place globally on the lack of the tax impact on the labour market and the ability of the state to attract international skills indexes. The UAE also came third place in the global index of lack of tariff barriers and the ability of the state to retain the World skills.
Technological development and innovation
On the readiness of the technology sector, the maturity of the business sector, and higher education and training areas, the UAE has achieved the first position globally in the index of the government spending on new technologies” and the second place globally in the index of provision of specialised trade zones (free zones), and the third place in the global index of foreign direct investment and technology transfer to the state. The state was also ranked fourth globally in the index of the Internet connection to the schools and fifth place in the global index of availability of scientists and engineers in the state.
The Global Competitiveness Report issued by the World Economic Forum (Davos) in Switzerland, is one of the world’s most important reports and issued since 1971, and aims to help countries around the world to identify the obstacles to sustainable economic growth and development of strategies to reduce poverty and increase prosperity. It assesses the countries abilities to provide high levels of prosperity and well-being of their citizens. The report also provides a comprehensive assessment of the strengths and challenges facing the economies of countries.
Federal Competitiveness & Statistics Authority Launch “Emaratiyah… UAE’s Inspiring Women” Book A book that tells the success stories of inspiring Emirati women achievers who had a valuable contribution to the progress and development of the nation
Her Excellency Reem Al Hashimi, Minister of State for International Cooperation and Chairwoman of the Federal Competitiveness & Statistics Authority (FCSA) unveiled “Emaratiyah … UAE’s Inspiring Women”, a special edition book that documents the journey of 24 inspiring Emirati women who contributed to the development of the UAE and prospered in different domains of life such as economic, cultural, scientific and social. The featured women personalities in the book attended the launch event that took place in Jumeirah Emirates Towers hotel in Dubai today, along with the independent judging panel that worked on the selection criteria, media representative and FCSA team members who worked on the production of the book project.
Her Excellency Al Hashimi welcomed the attending audience with a special keynote, and extended congratulations to the leadership of the UAE headed by His Highness Sheikh Khalifa bin Zayed Al Nahyan, UAE president, His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai; and their highnesses the Rulers and Crown Princes of the Emirates on the occasion of the Emirati Women’s Day.
Her Excellency Al Hashimi also extended congratulations to Her Highness Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union, Supreme Chairwoman of the Family Development Foundation and President of the Supreme Council for Motherhood and Childhood.
Minister Al Hashimi expressed her excitement and privilege to take part of this special day dedicated to celebrate the great accomplishments, achievements and contributions of Emirati women.
In her address, Her Excellency stressed that women empowerment has always been one of the key indicators of a nation’s social and economic progress and development. She also highlighted that societies simply cannot sustain a comprehensive development agenda without the full and active participation of women in the community. Her Excellency also indicated that the role of the Emirati women has rapidly expanded and evolved since the establishment of the union and Emirati women contributions and clear marks are visible on all aspects of UAE life.
Quoting His Highness Shaikh Mohammed bin Rashid Al Maktoum note on how UAE enables its society via the empowerment of women, Her Excellency asserted that Emirati women’s journey towards success and prosperity in the UAE was inked by the principles laid by the country’s leadership; underlined by true belief and conviction of the significant importance of women’s role as a key partner in building the future of the country.
Abdulla Lootah, Director General of the FCSA pointed out that the FCSA produced that book following direct instructions of Her Excellency Al Hashimi and in recognition and appreciation of the role of the Emirati women in supporting the UAE’s competitiveness in both individual and institutional levels. The book documents the journey of a group of inspiring Emirati women that contributed to the development of the nation and progress in so many different fields and domains such as economic, social, cultural, scientific and entertainment, and achieved ranks and accomplishments that are in par with the most advanced nations in the world.
The UAE Women’s Day is a celebration of the mother, sister and wife. A celebration of women who gave birth and fondle sponsored and carried the worries of the nation, taking responsibility and excelled in giving back to her family, society and country. These are some of the achievements translated in numbers and statistics:
- There are 8 ministers in current UAE cabinet. Making up 27.5% of ministerial roles.
- Emirati women is currently leading the Federal National Council, the country’s highest legislative authority, along with the occupancy of 9 seats on the council, making its 22.5% of women representation one of the highest in parliamentary bodies in the region.
- There are over 23000 registered businesswomen in the UAE running investment worth AED 42 billion.
- Since joining the labor force, women participation increased by 400%
- Women make up 66% of the public sector workers, with 30% in leadership roles and 15% in technical and academic roles. Also, 44% of leadership roles in Federal entities are taken by women.
- Women in the UAE make up 65% of total higher education graduates, and they have been active participants in previously male-denominated roles such as judiciary, aviation, military and defense and law enforcement.
Dr. Belhoul: Developing an Integrated Educational Ecosystem Supports UAE’s Competitiveness
His Excellency Dr. Ahmed Belhoul Al Falasi, UAE Minister of State for Higher Education, and during a visit to the headquarters of the Federal Competitiveness and Statistics Authority in Dubai, stated that the development of the educational ecosystem in the UAE is an ongoing process that is driven by the changes the world is witnessing on the global arena today.
His Excellency also praised the efforts of the FCSA in providing counsel, advice and recommendations aimed at improving the international rankings by providing educational statistical data required according to international standards. The FCSA team presented to the minister a special report and an analysis of a number of global competitiveness and statistical indicators that are related to higher education, as well an analysis of the performance of the UAE in these global reports.
His Excellency directed the FCSA team to continue the collaboration efforts with all federal and local educational institutions, he also stressed that all educational institutions should prioritize the process of provisioning information and statistical data that reflects the performance and development of the educational system in the UAE.
His Excellency also highlighted the importance of developing the educational sector via the training and building the capacity of UAE national talent, and how that consequently can have a positive impact on improving national competitiveness.
The minster indicated that education and building UAE talents is in-line with the vision of His Highness Sheikh Khalifa bin Zayed Al Nahyan, the UAE President and his brother, His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai. The UAE leadership’s vision that aspires for the UAE economy to be driven by innovation, creativity and knowledge. His Excellency also pointed out that the nation has full confidence in the capabilities of every Emirati man and woman, as national talent is the true wealth of the nation.
Abdullah Lootah, Director General of the Federal Competitiveness and Statistics Authority added: "Due to its strategic significance and importance, the FCSA has always worked very closely with officials in the education sector across the UAE. Such collaboration has a direct impact on the country’s performance in competitiveness reports and indicators. The visit of His Excellency Dr. Al Falasi to the FCSA and his direction for further engagement and joint collaboration is a testament to the deep belief in the role of education as one of the most important pillars that support the country’s global competitiveness drive.”
During the meeting, the FCSA team presented methodology analysis of competitiveness reports monitored by FCSA, followed by a discussion on how the quality of education-related data can have an impact on the ranking of the UAE in such reports. For example, the Global Competitiveness Report by the World Economic Forum (Davos), includes education as a key indicator under the ‘basic requirements’ and ‘efficiency enhancers’ stages of economic development. This means that nations aiming to shift from the ‘basic requirement’ and ‘efficiency enhancers’ stages and onto the ‘innovation and business sophistication’ stage, must have a globally recognized, strongly established and highly efficient higher education institutions.
The FCSA also monitors other competitiveness reports that measure the competitiveness of the education sector, such as the Annual Competitiveness Yearbook published by the Institute of Management Development (IMD) in Switzerland, the Global Innovation Index by INSEAD Institute and the Human Development Report by the United Nations. In these reports, education related pillars and indicators have a direct impact on the overall outcome of the findings and overall country ranking and scores.
Mr Lootah concluded: "Moving up the ranking in some of the global competitiveness reports and indicators reports is only the beginning for us. We aspire to become among the top a global players in the most significant reports and indicators. And we can only achieve that through successful joint cooperation and effective collaboration with all federal and local government agencies, specifically in matters related to building and maintaining an advanced statistical database that is current, accurate and up to the required global standards"
| Indicator | Report | UAE Global Rank |
|
Quality of the education system |
Global Competitiveness Report (WEF) | 12 |
|
Quality of management school |
Global Competitiveness Report (WEF) | 20 |
|
University education |
World Competitiveness Yearbook (IMD) | 20 |
|
Management education |
World Competitiveness Yearbook (IMD) | 21 |
Table 1: UAE global ranking in higher education related competitiveness indicators
UAE is leading the Arab region for the fifth consecutive year in World Bank’s Ease of Doing Business report
- The UAE is among the top 10 countries in the world in five of the main topics of the report: Issuing building permits, Getting electricity, Registering Property and protection of minority investors
- The UAE is first globally in Getting Electricity and Paying Taxes topics
- The UAE achieved the highest jump in Resolving Insolvency with 35 ranks jump from last year’s rank
- UAE jumped 13 ranks becoming 1st regionally and 12th globally in Enforcing Contracts
Dubai, UAE 31st October 2017
The World Bank’s Ease of Doing Business 2018 report revealed today that the United Arab Emirates is ranked 21st globally and is ranked top of Arab countries for the fifth year in a row. Additionally, the report showed that the UAE is ranked in the top ten globally in five of the reports 10 topics. The UAE is first globally in ‘paying taxes’ and ‘getting electricity’ topics, UAE also ranked 2nd globally in ‘dealing with construction permits’ and 10th globally in ‘registering property’ and ‘registering property’. According to the methodology adopted by the World Bank for the current year, the UAE jumped from 26th place globally to 21st, ahead of all countries in the Arab region covered by the report and for the fifth year in a row.
Commenting on this achievement, Her Excellency Reem bint Ibrahim Al Hashimy, Minister of State for International Cooperation and Chairwoman of Federal Competitiveness and Statistics Authority, said that the performance of the United Arab Emirates in this year’s report is the result of months of collaboration, hard work and commitment by both federal and local government entities with the Competitive Strategy team at the Federal Competitiveness and Statistics Authority. “Our wise leadership has emphasized the strategic importance of building a business environment that attracts investors from within and outside the country. The UAE was built on the forearms of our founding fathers, who worked in trade and welcome traders from all over the world. We will continue on this path to realize the vision of our leadership’s vision for the UAE to become one of the best countries in the world by the centennial of the founding of the State," added her excellency.
His Excellency Sultan bin Saeed Al Mansouri, Minister of Economy, stressed the important role played by small and medium enterprises as the infrastructure of any economy around the world. "Each year, the UAE demonstrates its ability to compete globally across various sectors. This is thanks to the guidance of the wise leadership of the UAE and a strategic vision that aims to elevate the UAE to become the best country in the world by 2071," added his Excellency Al Mansouri.
HE Obaid Humaid Al Tayer, Minister of State for Financial Affairs, praised the efforts exerted by Ministry of Finance teams and the cooperation of both federal and local government entities to improve UAE’s global competitiveness. "The Ministry of Finance has adopted an innovation-driven strategy in its continuous development efforts of all the services extended to individuals and institutions alike. The Ministry also implements best financial management practices to maintain the continuing improvement of the national financial ecosystem and building a stable and sustainable economy characterized by flexibility and diversity. The UAE’s performance as the 21st best globally in the World Bank report is a global testament to the success of the country’s strategy to build an advanced economic infrastructure and financial system that ensures prosperity and prosperity and achieves global leadership. "
His Excellency Abdullah Mohammed Al Basti, Secretary General of the Executive Council of Dubai and member of the Board of Directors of the Federal Competitiveness and Statistics Authority, said: "We are very excited with the UAE’s progress in this report and achieving 21st position in the world. I am also proud of the role played by Dubai government entities, which represents the UAE in many topics of this report. This accomplishment is attributed to the successful developmental policies adopted by the wise leadership of His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE and His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai; and their vision which is built on innovation and the drive to collaborate to achieve national plans, to reach global leading ranks across all fields and sectors."
According to this year’s report, The World Bank’s report acknowledged the country’s efforts to improve procedures and laws related to the process of establishing companies and facilitating procedures for both domestic and foreign investors. The World Bank report this year officially documented four improvements in the following topics: Dealing with Construction permits, Getting Electricity, Access to Credit and Resolving Insolvency.
These improvements are the outcome of the hard work and dedication of over 50 government official and expert who work all year long to with the strategy competitiveness team at the FCSA working on workshops, simulations, paper work and field visits to the World Bank headquarter in Washington DC.
The Doing Business report issued by the World Bank and the International Finance Corporation (IFC) in Washington and assesses 190 countries that are subject to government measures that affect 10 areas of business life and they are (1) Staring a business, (2) Dealing with construction permits, (3) Getting Electricity, (4) Registering Property, (5) Getting Credit, (6) Protection of minority investors (7) Paying taxes (8) Trading across-borders (9) enforcing contracts and (10) resolving insolvency.
WEF: UAE Tops Arab World and 17th in Global Competitiveness Ranking
- UAE progresses in scores rate from 5.26 to 5.3 in 2017
- UAE ranked among innovation-based economies for the 11th year
- UAE maintains its rank as the best 20 global competitive economies for the fifth consecutive year
- UAE competitiveness rank supersedes advanced economies, like France, Belgium, Australia, South Korea and China
- UAE among first 20 countries globally in 70% of Competitiveness indicators (80 out of 114)
- The annual report is published by World Economic Forum and ranks the competitiveness of 137 countries
Dubai, UAE- 27 September 2017
In its most recent edition of the Global Competitiveness Report 2017-2018, The World Economic Forum (Davos) has revealed that UAE has topped the Arab world and ranked 17th globally in global competitiveness ranking. The report also ranked UAE among the top 20 competitive economies globally for the fifth consecutive year. Additionally, it has indicated that UAE has maintained its ranking to be among the world’s most significant innovation-based economies for the 11th year. The results of the report were unveiled today to participants in the Annual Meetings of UAE Government as a global testament to the success of the Government’s strategy in establishing innovation culture in government institutions and consolidating competitiveness as a performance style and measuring the success of government services and initiatives aimed at realizing the happiness and welfare of the UAE community.
Commenting on the performance of the current year, HE Reem bint Ibrahim Al Hashimy, Minister of State for International Cooperation and Chairwoman of the Federal Competitiveness and Statistics Authority stated: "The results of this year’s competitiveness report came simultaneously with the UAE Annual Government Meeting sessions, marking as a global testament underscoring the importance monitoring the effectiveness and efficiency of government services, to ensure they are consistent with guidelines and directions of set His Highness Sheikh Khalifa bin Zayed Al Nahyan, UAE president and His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President Prime Minister of the UAE and Ruler of Dubai, to adopt innovation-based approaches to maintain the ongoing progress in global competitiveness ranking and to realize our wise leadership’s vision in sustaining development across all sectors in the country".
H.E. Saif Mohammed Al Hajri, Chairman of the Department of Economic Development – Abu Dhabi, said that the UAE government has paid great attention to enhancing the competitiveness of the UAE in various fields, working to enhance the framework of a comprehensive vision that contributed to the principles of efficiency in the markets and improving the competences of the business environment. He pointed out that the various structural economic reforms in the UAE in recent years and the legislations and decisions that have taken place in various economic, administrative and institutional aspects have contributed to accelerating the growth of the economic activities of the country, enhancing the strategy of economic diversification and opening up the trade and providing a favorable business environment, confirming the country’s advanced level of competitiveness.
Malik Al Madani, Director of Competitiveness Strategy Department at the Federal Competitiveness and Statistics Authority, said: "By virtue of the wise leadership’s support and consolidation of the team efforts from federal and local entities, as well as the private sector, UAE today affirms its active global role in the world arena across various economic, social and technological sectors. We are working today as one team, under one vision and as per renewed plans and keeping pace with global changes. We will always be in line with our leadership’s aspirations of making UAE as one of the best countries in the world by the year 2021 marking the Golden Jubilee Anniversary of founding the Union."
Global Performance
UAE ranked first in the Arab world and 17th globally in the general competitiveness ranking by advancing in the scores rate of UAE performance from 5.26 in 2016 to 5.3 in 2017. By this achievement, UAE maintained its leading rank to be among the top 20 competitive economies according to the World Competitiveness Report 2017-2018 issued by the World Economic Forum (Davos) in Switzerland. This report is considered one of the most reputable competitiveness reports that monitors on an annual-basis the performance and competitiveness of global economies in terms of strengths, weaknesses and impact on standards of living, prosperity and welfare of their nations.
The 2017-2018 Report monitored 137 economies and ranked them based on performance according to 114 indicators grouped within 12 main pillars that include: institutions, infrastructure, health and primary education, labor market efficiency and others. The report methodology is based on data and statistics issued by the participating countries, as well as opinion surveys and questionnaires sent to executives and senior private sector investors.
According to this year’s report, UAE has achieved an advanced ranking as a result of listing it within the top 10 globally in three main pillars. UAE came third globally in the Goods Market Efficiency Pillar, which is a global indication to the success of UAE’s economic diversification policy and the vision and strategic plans on performance efficiency of the UAE market. Furthermore, UAE came fifth globally in the Infrastructure Pillar, and this comes as a confirmation of the ongoing investment in infrastructure projects across the nation and the role this plays in sustaining UAE economy to become an attractive environment for business and investment. As for the Institution Pillar, which monitors the efficiency of government institutions, laws, and procedures dedicated for individuals and institutions, UAE has clinched the fifth place.
Progress in Most Significant Indicators
On a indicator level, UAE ranked among the top 20 countries in 80 out of total 114 indicators in the Global Competitiveness Report, which amounts to 70% of the indicators in total. The 2017-2018 Report witnessed great strides of the country’s performance in a number of key indicators, the most important of which are as shown in the following table:
| Indicator | Rank 2016 – 2017 |
Rank 2017 – 2018 |
No. of Jumps | |
| 1 | Inflation (Annual % Change) | 83 | 1 | 82 |
| 2 | Strength of Investor Protection | 49 | 9 | 40 |
| 3 | Mobile-broadband subscriptions | 20 | 2 | 18 |
| 4 | Protection of minority shareholders’ interests | 11 | 3 | 8 |
| 5 | Efficiency of legal framework in challenging regulations | 20 | 13 | 7 |
| 6 | Ease of access to loans | 16 | 9 | 7 |
| 7 | Property rights | 20 | 14 | 6 |
| 8 | Efficiency of legal framework in settling disputes | 10 | 5 | 5 |
| 9 | Transparency of government policymaking | 14 | 10 | 4 |
| 10 | Diversion of public funds | 5 | 3 | 2 |
Efficient and High-Performing Government institutions
Within the Institutions Pillar, UAE moved to take up the first rank globally in "Efficiency of Government Spending" indicator, and ranked second globally in the "Public Trust in Politicians" and "Burden of Government Regulation" indicators, and ranked third globally in "Protection of Minority Shareholders’ Interests" indicator. All of this reflects the success of the country’s leadership’s strategy and well-founded steps taken to achieve high levels of performance and efficiency in government work at the federal and local levels, and with the aim to ensure the happiness and welfare of UAE citizens and residents.
World-Class Infrastructure
In the Infrastructure Pillar, UAE ranked first globally in the "The Quality of Roads" indicator, third globally in "Quality of Air Transport Infrastructure" and "Mobile-Cellular Telephone Subscriptions", ranked fourth globally for "Quality of overall infrastructure", "Quality of Port Infrastructure" and "Available Airline Seat Kilometres- millions/week" indicators. This performance reflects the success of UAE’s strategy to continue injecting investments for the development and improvement of the State’s infrastructure by extending new internal and external road networks, expanding airports, developing seaports and developing plans to link all emirates through rail networks as part of the Union Railway Project.
Attractive Markets Meeting Global Standards
Lauding the development and progress of UAE marketplace and economy, the Global Competitiveness Report 2017-2018 revealed that UAE achieved advanced positions in various indicators in listed in pillars of "Goods Market Efficiency", "Labour Market Efficiency" and "Macroeconomic Environment". UAE topped the world countries in "Effect of taxation on incentives to invest" and "Inflation/ annual % change" indicators. Also, UAE is ranked second globally in both indices of "Country Capacity to Attract Talent" and "Country Capacity to Retain Talent" came third in "Effect of Taxation on Incentives to Work" indicator.
Technological Development and Innovation
As for the pillars of "Technological Readiness", "Business Sophistication" and "Higher Education and Training", UAE came first globally in the "Government Procurement of Advanced Technology Products" and ranked second in "Mobile-Broadband Subscriptions" indicator. Moreover, the UAE ranked third in both "State of Cluster Development" and "Availability of Scientists and Engineers", and fourth in "FDI and Technology Transfer" indicators.
The World Economic Forum
The Global Competitiveness Report issued by The World Economic Forum (Davos) in Switzerland is one of the world’s most important reports since its first edition published in 1971. The report aims to assist countries around the world to identify obstacles to sustainable economic growth and development of strategies to reduce poverty and increase levels of prosperity. The report assesses countries’ potentials to provide high levels of prosperity and well-being for their citizens. The report also provides a comprehensive assessment of the strengths and challenges facing the economies of countries.
International day of sign language
His Highness Sheikh Mohammed bin Hamad bin Mohammed Al Sharqi, Crown Prince of Fujairah, received, at his office at the Amiri Diwan, the members of the Higher Committee for Coordination of Statistical Work at the State level
Professor Jeffrey D. Sachs, President of the UN Sustainable Development
Highlights of H.E Noor AlKhulaif, Minister of Sustainable Development
Intro to UNCEBD Task Team Training Competencies Capacity Level
UN Regional Hub for BIG DATA in UAE WEBINAR SERIES
Close X
Date will get updated
test
