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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.
FCSA: 9.1 million is UAE population in December 2016
Dubai, UAE – August 3rd 2017
The Federal Competitiveness and Statistics Authority announced today that the UAE population for the year 2016 is 9,121,167 according to administrative records dated until 31 December 2016. The population administrative records also showed that 6,298,294 are male and 2,822,873 are female, making the gender split in the UAE 69% male and 31% female.
The UAE is considered among the first countries in the region to reveal population count relying on national administrative data methodology. This methodology pertains many advantages such as very high accuracy, speed of processing and dissemination of data and significant financial savings in costs of field count and survey operation. Whereas there is virtually no direct cost in disseminating data based on national administrative records.
"Since the inception of the FCSA, one of our strategic objectives has always been to spare no effort in evolving and modernizing the statistical ecosystem in the United Arab Emirates in accordance with best and most advanced global standards and best practices,” said Abdulla Nasser Lootah, Director General, Federal Competitiveness and Statistics Authority. “And thanks to the successful collaboration and support of our national partners and stakeholders in the UAE, we can now unveil the most up-to-date UAE population for the year 2016. We will be able to update the population number on annual basis."
Population data is one of the most important national data sets and is used for research, planning, decision-making support and policy formation. With the official population now available, UAE government entities, the international organizations and private sector will be able to use tis number in their research and studies.
DUBAI, 12th July, 2017 (WAM) –
Senior officials of Smart Dubai Office, SDO, have discussed with a high-level delegation from the Federal Authority for Competitiveness and Statistics ways to enhance mutual cooperation. Discussions also involved how to activate mechanisms and frameworks for joint work by the two entities, and to explore prospects for building future partnerships that serve common aspirations. Held at the Dubai Smart Office HQ, the meeting was chaired by Dr. Aisha bint Butti bin Bishr, Director-General of the Smart Dubai Office, and attended by Younis Al Nasser, CEO of Dubai Data Establishment, Wesam Lootah, CEO of Smart Dubai Government, Abdulla Nasser Lootah, Director-General of the Federal Authority for Competitiveness and Statistics, and Mohamed Ahli, Executive Director of Statistics Sector, in addition to a number of officials from both entities.
Dr. Bin Bishr expressed her delight in exploring new horizons of fruitful partnership with the Federal Authority for Competitiveness and Statistics, and described the meeting as an ideal opportunity to consolidate efforts at all levels.
Smart Dubai has strategic partners that contributed to more than 137 smart initiatives and 1,129 smart services to the people. Holding such meetings at the local and federal levels underlines the importance of the concerted efforts to ensure the success of the Smart City model and export it to the world. It also sheds light on the methodologies and strategies needed to put Dubai at the forefront of smart cities, and highlight its position as a global model in adopting and employing modern technology for a sustainable future."
She stressed the need to work diligently and dedicate smart initiatives in all sectors to contribute to sustainable development and achieve the strategic goals in accordance with the vision of the wise leadership, which in turn contributes to positioning the emirate as a global destination on various levels and, achieve the happiness of the people of the UAE.
The meeting reviewed SDO’s role in spearheading the efforts to transform Dubai into a smart city. The roadmap and timeframe for Dubai Smart 2021 vision were presented at the meeting and a comprehensive presentation was made to the visiting delegation, explaining the initiatives and projects launched by SDO. The two sides also discussed ways to speed up joint institutional work to achieve the strategic objectives of both institutions.
Mr. Lootah said, "The success of our strategy that aims to enhance UAE international competitiveness and modernize the national statistical ecosystem depends on the successful partnership and collaboration of our partners in both federal and local government sector.
Our experience with Smart Dubai has always been valuable, as we learn from their innovative approaches and their commitment to achieve their goals and objectives. I look forward to our future collaboration with Smart Dubai on projects that will service the UAE society and brings them happiness and prosperity."
The delegation reviewed key performance indicators of Dubai Smart vision 2021, highlighting the importance of efficient performance in smart transformation and in achieving sustainability by applying the results of the indicators in policy making and future planning of SDO’s initiatives.
- The study underscores the growing importance of measuring public sentiment on public policy
- Focusing on the topic of tolerance in the nation by the public in and outside UAE
- Analyzing 1.4 million unique posts on social media
Dubai, UAE, Cape Town, South Africa – 11 June 2017
The Federal Competitiveness and Statistics Authority (FCSA) and BrandsEye, a world leading opinion mining company, announced today the completion of the first sentiment study conducted in the United Arab Emirates on the topic of tolerance in the UAE.
Working in coordination with the team of HE Sheikha Lubna bint Khaled Al Qassimi, Minister of State for Tolerance, the study focused primarily on the topic of tolerance and social media user’s opinion of the Minister’s announcements, activities and the news shared on the Minister’s official social media profiles.
During the research project, approximately 1.4 million unique posts shared by 172,000 social media users in the UAE were analyzed by opinion mining partner BrandsEye. BrandsEye uses a data analytics approach which combines search algorithms, crowd-sourcing and machine learning to accurately analyze conversations for sentiment and the topics driving that sentiment. The study was conducted over the period of three consecutive months earlier this year, and the findings were presented to Minister and her team during a recent visit to the FCSA headcounters.
The study findings highlighted that of all the posts analyzed, 20.5% expressed positive sentiment, 70% was neutral while only 4.5% of conversations were negative. Of the positive sentiment, 44% of the posts were expressed during the holidays in December were pictures of various religious communities in the UAE were shared practicing their faith in complete freedom. The remainder of the positive posts were praising the UAE policies and inclusion ,cohesion tolerance related activities and covering other topics such as low unemployment rates and attributing it to UAE providing an equal opportunity for everyone living on its land.
"The findings were very interesting and I am very delighted that people were mainly positive and/or neutral when it came to how they felt towards our announcements, programs and activities in and outside the UAE," commented HE Sheikh Lubna. "Policy and data are very interrelated in the decision making process. Knowing how people feel, adds a new layer of knowledge and insight that support drive more effective and impactful policies and initiatives for the people."
"Because of fake news, orchestrated and agenda-driven social engineering, many policy makers around the world are struggling to understand and collect accurate information and sentiment about their constituents. As decision makers, we have a grand responsibility to make sure we rely on accurate and effective scientific methods to have a better understanding of what really matters to the people," added HE Shaikha Lubna.
"We are very excited to be working with Her Excellency Sheikha Lubna’s office and the team in FCSA on this important project. The world of opinion mining is set to change the way governments and business conduct research, providing accurate data that will help drive better decision making at all levels," said JP Kloppers, BrandsEye CEO. "The sheer quantity of online conversations coupled with the instantaneous reactivity of this digital chatter has meant that sentiment-driven opinion data has become a mineable resource that gives one unique insight into how the public actually feel.
Kloppers added that fake news and what is known as ‘news feed bubbles’ are creating significant pockets of public opinion that are not based on truth, undermining the legitimacy (and demand for) their journalism. "Opinion mining offers a way for media to accurately measure and report on public opinion, regardless of its veracity," added Kloppers.
"Organizations around the world now have access to millions of relevant data points in both mature and developing markets. The data, if mined correctly, can provide insights that not only assist in decision-making, but also can shape product innovation and help reduce risk," said Abdulla Lootah, Director General of the FCSA.
"As a UAE federal government official reference on all matters related to statistics, competitiveness and data, it is part of FCSA’s mandate to explore, identify and adopt the latest global trends and technology to serve our stakeholders. Our collaboration with BrandsEye is just the beginning and to a new dimension on how we plan to transform the statistics and data business in the UAE. We look forward to more engagements on various topics across the UAE," concluded Mr. Lootah.
Federal Competitiveness and Statistics Authority and Mastercard Sign Memorandum of Understanding
Dubai-UAE, 30 May 2017
The Federal Competitiveness and Statistics Authority (FCSA) has signed a MoU with Mastercard, a leading technology company in the global payments industry. The MoU aims to provide both parties with a strategic platform for the exchange of expertise and knowledge, especially in the areas of data and statistics, including big and open data in the UAE.
The agreement was signed by H.E. Abdullah Naser Lootah, Director General of FCSA, and Mr. Khalid Elgibali, Division President, Middle East and North Africa at Mastercard. The two parties agreed to explore various strategic opportunities to develop a joint framework aimed at enhancing capacity in the fields of data and knowledge products and services related to diverse sectors, such as retail, tourism and trade in the UAE. Furthermore, the two parties will examine and analyze purchase patterns and spend behavior, together with the identification of opportunities for the public as well as the private sectors to provide locals and residents with better services and products in view of the increasing demand for such solutions and seasons of high purchasing volumes.
H.E. Abdullah Naser Lootah pointed out: "We are constantly working to further enhance the national statistical ecosystem with all our stakeholders locally and internationally. This lies at the heart of our strategy and endeavors to enhance the UAE’s international competitiveness. I believe there is a great opportunity for the private sector to play a major role in the development of the national statistical system. We are looking forward to Mastercard’s extensive experience and innovation in the area of big and smart data."
Khalid Elgibali shared: "Mastercard has always been keen to establish effective strategic relationships and partnerships with the government sector. We are pleased to sign this MoU with a leading government institution such as the FCSA, with whom we share a common vision and goals for the greater empowerment of societies through the power of big data and by leveraging technologies that will contribute towards positive transformation in the local economy."
As part of its mandate, FCSA aims to create a world-class national statistical system by adopting global standards and expertise, and deploy advanced and innovative technological solutions. "The involvement, cooperation and collaboration of the private sector is fundamental for the success of this collaboration. We look forward to the outcomes of this partnership with Mastercard," concluded H.E. Lootah.
Muscat (May 2017):
Source: NCSA ,Sultanate of Oman,
The National Center for Statistics and Information (NCSI) received on Sunday (May 21) a delegation from the Federal Authority for Competitiveness and Statistics in the United Arab Emirates. The delegation learned about the role played by the Center in enhancing statistical knowledge in the Sultanate, and the features of the national spatial data infrastructure (ONSDI).
The delegation reviewed the Sultanate’s experience in executing statistical projects, and the effective use of data to achieve sustainable development goals through the various programmes and strategies developed and executed by the National Center for Statistics and Information.
The delegation appreciated NCSI’s role as a provider of accurate and timely data to decision makers and stakeholders so as to support national development plans and formulate future vision plans for the Sultanate. They also learned about the services provided by the Centre to the different segments of society ranging from governmental institutions to individuals.
In an interaction, Mohammed Hassan Ahli, the Executive Director of Statistics and National Data at the Federal Authority for Competitiveness and Statistics, UAE, noted that one of the strategic objectives of the Authority is to coordinate with various statistical bodies and centers as well as international organizations interested in statistics to offer quality statistics to stakeholders. The authority is in constant contact with the statistical centers in the Gulf countries and outside in order to exchange meaningful experiences and develop competency, he said.
He commended the strategy adopted by the National Center for Statistics and Information that is focused on transforming data into information and knowledge, which is made easily available to decision makers and all sections of the society. He also highlighted the Center’s efforts to promote statistics through various periodic statistical publications and multiple media platforms such as traditional and digital media including social media as well as smartphone applications.
What distinguishes NCSI is its dissemination of crucial data in an analytical way using simplified tables and charts that are easy to understand and interpret, he said, adding the awareness videos and presentations produced by the Centre hold great value.
Statistical agencies and their projects are mandated to provide not just data but meaningful analyses that highlight the state of economy, investments and trends of the times through economic indicators, he said, and noted that NCSI has been successfully undertaking this responsibility.
He also appreciated NCSI’s smartphone applications for the banking and fuel customers, developed using spatial data.The Center’s excellent communication links with the community as well as its strong presence in almost all local events such as the Salalah Tourism Festival need to be recognized and emulated, he added.
The visiting delegation watched NCSI’s presentations on various topics and projects including the Center’s initiatives to build and manage an integrated national-level social and economic information system designed to enhance the quality of information, and the promotional methods used to market its various products, and enhance media presence.
The delegation got to know about the Center’s work in the fields of governmental and international communication and the e-links with data sources and dissemination of data through various media platforms, and appreciated the Centre’s Information Portal that acts as a reliable source of information for all segments of society including public and private sector institutions, researchers and other interested parties.
The program also reviewed NCSi’s methods of collecting and processing statistical data and indicators, as well as tools to deal with requests for statistical data from various quarters.
The delegation was also briefed about the Centre’s action plan in employing GIS technologies.
He thanked the National Center for Statistics and Information for hosting the delegation, which allowed the Federal Authority for Competitiveness and Statistics to review the Sultanate’s experience in the statistical work.
- Release of the first edition of the report titled "From Goals to Reality: UAE and 2030 Agenda for Sustainable Development"
- Introducing UAE SDGs Portal
- Discussing National Plan to Achieve SDGs and Collaboration of all Stakeholders.
Dubai, United Arab Emirates: 27 April 2017
Federal Competitiveness and Statistics Authority (FCSA) chaired the first meeting of National Committee on Sustainable Development Goals formed upon a decision made by H.E. Reem Bint Ibrahim Al Hashemi, Minister of State for International Cooperation and FCSA Chairman.
The first meeting of the committee witnessed the release of a report titled "From Goals to Reality: UAE and 2030 Agenda for Sustainable Development", which includes a record of a wide variety of UAE achievements in 2016, and their relevance to the 17 goals.
This edition of the book is the first, and has been produced by the FCSA and in cooperation with the Ministry of Foreign Affairs and International Cooperation’s team. Further editions of this book will be released annually to monitor achievement of SDGs indicators from all aspects, in addition to shedding light of the achievements of National Committee on Sustainable Development Goals.
The committee members also agreed no developing a national plan that monitors and follows up on committee activities, initiatives and governance. The plan should also links to key and important indicators such as global competitiveness reports and UAE ranking, to achieving the national agenda and SDGs and their prioritization, since the achievement of any of these themes reflects positively on achieving the goals of other aspects, which is needed by the decision makers.
During the course of the meeting, representatives of the Telecommunications Regulatory Authority presented smart SDGs Web Portal; a project launched about earlier this month in the presence of His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai, during his follow-up on the projects of UAE National Agenda and Vision 2021.
HE Reem Bint Ibrahim Al Hashemy, Minister of State for International Cooperation and Chairman of the Federal Competitiveness and Statistics Authority, stressed that the work of the National Committee for Sustainable Development aims to complement the development process launched by the Founding Fathers of the UAE. "The wise leadership has a well-defined national economic and social development plan and goals, and the country’s strategy for Vision 2021 is a true reflection of our leaders’ vision of the future of the UAE and its people," she said. Her Excellency thanked all members of the Committee for their efforts and wished them success in achieving the objectives of the Committee and the success of its mission.
HE Abdullah Naser lootah, Director General of FCSA, said "We are very pleased with the success of the first meeting of members of the National Committee on Sustainable Development Goals and the level of commitment and enthusiasm we have seen from the members of various governmental bodies. Formation of the Committee is a translation of the trust bestowed by the UAE wise leadership upon our government institutions thanks to the efforts of their members and their joint work, which serve the interests of the State and its advancement towards globally advanced levels in all fields."
Lootah added that a number of pivotal points were agreed upon at the meeting, which will be followed up in future meetings such as the preparation of an operational plan for the years 2017-2021, which will be updated periodically and in line with regional and global changes. It was also agreed to develop a simulation system for SDG indicators that helps the team to look into the future and all that may affect the performance of indicators from internal or external factors.
"We have had a successful experience in the Federal Competitiveness and Statistics Authority for years in developing and harnessing the power of simulation systems to identify successful goals and strategies in improving global competitiveness, and we will harness this experience to support the SDG committee teams to achieve the goals of the National Commission for Sustainable Development," he said.
Engineer Khaled Harmoudi, Director at Government Performance Department of Ministry of Cabinet Affairs and the Future, said: "The objective of the UAE government is to maintain a happier community through sustainable development in the state. There is a need for the government to focus on the social and economic development goals. Hence, National Committee on Sustainable Development Goals’ meeting aims to focus on four pivotal aspects: society, economy, foreign relations and environment. Our goal at the Ministry of cabinet Affairs and the Future is to align the sustainable development indicators and the indicators of the National Agenda and the initiatives that support achieving UAE Vision 2021".
"Today’s meeting is a gathering of all government bodies under one roof to harmonize the National Agenda and the Sustainable Development Goals, with a view to cooperate and coordinate to achieve the strategic goals of the State. We, at the Ministry of Foreign Affairs and International Cooperation, shall be a point of contact between the members of the Committee and all our external partners, where our role is to focus on linking the humanitarian assistance with the related sustainable development goals; i.e. eradicating hunger and poverty, supporting education and other goals with humanitarian and social dimension. ", added Mr. Yacoub Yousef Al-Hosani, Assistant Minister for Foreign Organizations Affairs at Ministry of Foreign Affairs and International Cooperation.
On her part, Amal Mohamed Alkous, Secretary General of the National Commission for Education, Culture, Science and Communication for UNESCO and the National Coordinator of Education Agenda 2030 said: "SDGs target all countries and individuals without discrimination globally, under a unified global framework, thus a unified regional framework, which helps to joint planning and utilization of local and international expertise, in order to achieve sustainability and development in the specific areas. This global framework provides an opportunity for UN Member States and relevant organizations; such as UNESCO and others, to launch joint and supportive initiatives and policies and to promote qualitative global and regional cooperation that contributes to effective capacity-building. On its national level, the UAE is always ahead of unlimited efforts linked to the national agenda and the national strategic plans. This requires the existence of a National Committee on Sustainable Development goals to reflect these efforts through a clear vision and strategic and operational plan to serve the country in the coming years to 2030".
Alia Zaid Harbi, Director of the Center for Statistics and Health Research at the Ministry of Health and Prevention, concluded saying: "The process of managing, organizing and achieving the goals of sustainable development will help to improve the performance of the country in all development indicators, so as to be in line with the world’s leading countries in this field. And here lies the importance of the strategic role of the National Committee on Sustainable Development Goals, through which we will work to achieve our national goals and the UAE shall become one of the first leading countries in the world".
The meetings will be held periodically to follow up on the tasks and initiatives of the Committee, which are concerned with determining priority sustainable development goals, coordinating among the competent authorities in the state in all matters related to SDGs , exchanging information about them and proposing procedures and systems supporting their work, in addition to preparing reports on the status of the state and the efforts exerted to achieve the goals of sustainable development, identifying the data relevant to each body, supporting the work of the Committee and establishing a dedicated database for achieving SDGs nationwide.
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
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