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DATA FOR A BETTER FUTURE
The Federal Competitiveness and Statistics Centre organized an intensive national workshop on services trade statistics, in cooperation with experts from the World Trade Organization, the International Monetary Fund, the Organization for Economic Cooperation and Development and the United Nations Trade and Development Organization.
The workshop was attended by experts and specialists in national accounts and trade statistics from government agencies from all around the UAE, including the Ministry of Economy, the Ministry of Finance, the Federal Authority for Identity, Citizenship, Customs and Ports Security, as well as statisticians and economists from local statistical centers in the country.
His Excellency Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, stressed that the UAE, thanks to the vision of the wise leadership, continues to strengthen its international position in services trade, as it ranked 12th as the largest exporter of services in the world during 2022 according to the World Trade Organization, while the value of UAE services exports reached AED 567 billion, equivalent to $155 billion, according to the "Trade Profiles" report issued by the organization last October. This report provides key data on the trade of goods and commercial services for 197 countries worldwide.
His Excellency added that the new strategy for services exports recently adopted by the Cabinet will increase the contribution of this vital sector with promising potential to non-oil foreign trade and GDP of the UAE, as the UAE’s service exports are growing at rates faster than the global average, helping to solidify the UAE’s position as a global business hub with an increasingly advanced and high-value economy that relies on services.
Her Excellency, Hanan Ahli, Manager Director of the Federal Competitiveness and Statistics Centre, said that organizing the workshop comes as part of the joint efforts of the Centre, the World Trade Organization, ministries and government entities. These efforts aim to ensure alignment in the methodologies of collecting data related to services trade with the best practices and international standards. This is done to improve the business environment and achieve sustainable economic growth.
1,600 contestants representing 400 teams of young talents specialized in the fields of artificial intelligence and data science from the UAE and around the world participated in the activities of the United Nations Datathon 2023 platform, which was held in the UAE under the auspices of the United Nations, in the presence of data science specialists from the most prominent universities in the Arab region and the world.
Datathon 2023 is a participatory platform that supports and motivates young talents, organized in partnership between the Artificial Intelligence, Digital Economy and Remote Work Applications Office, the National Committee on Sustainable Development Goals, the Federal Competitiveness and Statistics Centre (FCSC), and the Federal Youth Authority, with the support of academic institutions in the country.
The platform aims to enhance the leadership of the United Arab Emirates globally in the fields of artificial intelligence applications and data science, and to raise awareness of the importance of this sector in shaping future pathways.
Her Excellency Hanan Ahli, Managing Director of the Federal Competitiveness and Statistics Centre said that the UN Datathon serves as a platform for exploring and developing advanced solutions and innovative projects based on the outputs of the rapid evolution of emerging technologies. These can be employed to address various challenges in current and future vital sectors.
Her Excellency emphasized that the UN Datathon encompasses various domains of emerging and advanced technology, spanning data analysis, big data, artificial intelligence, smart conversational robots, blockchain, metaverse, augmented reality, 3D and 4D printing technology, along with several other emerging technologies. The aim is to harness the innovations of youth in these fields to contribute to building more advanced and prosperous societies. H.E. Mohammed Hassan, the Executive Director of the National Statistics and Data Science Sector at FCSC, asserted that the UN Datathon platform will strengthen communication among the youth of the UAE and their counterparts worldwide. It will provide a supportive environment for participants to develop solutions that address the challenges and rapidly changing dynamics in various fields. This, in turn, contributes to supporting efforts to achieve sustainable development goals.
His Excellency stated that participants in the United Nations Datathon 2023 will have the opportunity to engage in numerous sessions designed in an interactive and stimulating format, enabling them to unleash their creativity and enhance a culture of teamwork and collaborative work aimed at maximizing the utilization of available resources.
It is worth mentioning that the Open Data Datathon is one of the global initiatives organized in the UAE, in conjunction with the main event organized in the Republic of Uruguay, under the auspices of the United Nations, and the UAE represents an accredited regional platform for organizing data for the Middle East and North Africa region, with the aim of facilitating the entry of participants in the global competition.
The Federal Competitiveness and Statistics Centre announced the launch of the Statistics Youth Council, as part of its initiatives aimed at empowering youth in the fields of statistics, and enhancing their role in developing innovative ideas and experiences, through a platform for exchanging knowledge, expertise and successful experiences; whilst also providing an opportunity for youth to contribute to the development of statistical methodologies, and forming the features of a unified national statistical system that contributes to supporting the development process of the UAE and enhancing its leadership and competitiveness globally.
The Statistics Youth Council members consists of 14 Emirati youths made up from different statistical centers at the federal and local levels across the country. The formation of the Council was announced, in the presence of His Excellency Mubarak Al Nakhi, Undersecretary of the Ministry of Culture and Youth, Her Excellency Hanan Ahli, Managing Director of the Federal Competitiveness and Statistics Centre, His Excellency Abdullah Al Qemzi, Acting Director General of the Statistics Centre – Abu Dhabi, and a number of officials and young members of the new Council.
H.E. Mubarak Al Nakhi stressed that the establishment of the Statistics Youth Council, initiated by FCSC, to include representatives of youth from different local statistical centers in the UAE, reflects the wise leadership’s commitment to enhancing governmental integration in shaping future paths. It embodies their directives on the importance of investing in the capabilities of young national talents, building their capacities and skills, and encouraging their active contribution to the development of various government sectors.
H.E. Al Nakhi stated that the Statistics Youth Council will contribute to transforming the energy and creativity of young Emirati talents into ideas and projects that enhance the role of the statistical community in leading initiatives aimed at serving the society of the United Arab Emirates.
Hanan Ahli: Enabling young cadres to develop methodologies and innovate solutions to the challenges of the statistical sector
For her part, Her Excellency Hanan Ahli, Managing Director of the Federal Competitiveness and Statistics Centre, stressed the importance of the role of the Council in supporting the UAE government’s directions to enhance the role of youth in various fields, and in enabling young cadres to work on developing statistical methodologies and innovating solutions to the challenges of the statistical sector in the country.
H.E. Hanan Ahli said that the council will provide a platform and an open space to build the capacities of young people, and provide them with the necessary skills and tools in the fields of statistical analysis, data and reports, and understanding changes in the economy and society at the local and regional levels. and international.
The launch of the Statistical Youth Council is part of the government initiatives aimed at supporting the efforts to implement the pillars and targets of the UAE Centennial 2071. This vision, launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, Ruler of Dubai (may God protect him), represents a comprehensive and long-term national vision for the next five decades. It focuses on enhancing the role of youth in building a more sustainable future, creating an incubating environment for generating innovative and creative ideas, and ensuring a better future for the coming generations.
In its third meeting, held at the Statistics Centre – Abu Dhabi, the Higher Committee for Coordination of Statistical Work discussed the latest developments in the UAE’s nomination to the United Nations Statistical Commission (UNSC), a number of topics related to statistical projects in the country, and ways to enhance coordination and integration between statistical centers at the federal and local levels, in order to enhance the leadership and competitiveness of the UAE government in various fields.
The meeting was attended by Sheikh Mohammed bin Humaid Al Qasimi, Chairman of the Sharjah Department of Statistics, H.E. Hanan Ahli, Managing Director of the Federal Competitiveness and Statistics Centre, Abdulla Gharib Al Qemzi, Acting Director General of the Statistics Centre – Abu Dhabi, Dr. Ibrahim Saad, Director of the Fujairah Statistics Center, and Najwa Yaqoub, Executive Director of the Ras Al Khaimah Center for Statistics and Studies.
The meeting came as a continuation of a series of follow-up meetings on joint statistical projects and initiatives on a country level, which aims to enhance cooperation between statistical authorities, coordinate national statistical work and implement strategies that serve the integration of government work in the country.
Dubai, Nov. 2 (WAM) — The Federal Competitiveness and Statistics Centre (FCSC) has launched an initiative to build the capabilities of its employees in the fields of programming, data science, artificial intelligence and machine learning, through a digital training platform that provides interactive courses and workshops, in partnership with the global platform "Data Camp" specialized in training and capacity building in the fields of data science and artificial intelligence.
The launch of the capacity development initiative "Grow@FCSC", was featured as part of the “Project Showcase" segment for UAE Codes 2023. This day was launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, as an annual national occasion to celebrate the community of programmers in the country on October 29 of each year.
H.E. Mohamed Hassan, Executive Director of the Statistics and Data Science Sector at the FCSC, stressed the Centre’s keenness to build the capabilities of the employees on a sustainable basis, ensuring that they keep pace with the most prominent technological developments in the fields of data science, artificial intelligence, and advanced technological solutions, in a way that enhances their capabilities and benefit from the program.
His Excellency said that the platform was developed by specialists in the fields of learning, training, institutional business intelligence and data science, pointing out that the capacity development initiative "Grow@FCSC" represents a virtual training camp centered on data science that can be accessed through participation in webinars, to enhance learning levels, and keep up-to-date with the latest developments in institutional business intelligence and data science.
The training program adopts a unique model that combines courses, workshops, and competitions which enables participants to acquire the skills and experience required to keep pace with the rapid technological advancements in data science and artificial intelligence. The participants of the program receive experience in the tracks they successfully complete, which include data engineering, business analysis, statistics and advanced modeling, machine learning skills, reporting and programming basics, and data processing and analysis. The program engages them with interactive experiences to enable the participent to acquire advanced skills in the use of tables and coding tools, taking advantage of advanced technology tools and solutions.
It is noteworthy that His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, directed the adoption of October 29 of each year, as a day of programming bearing the slogan "UAE Codes", to upgrade the capabilities of talents and pioneering minds and qualify them in the fields of programming and the use of modern technology. Dedicating a day for programming reflects the UAE government’s efforts to enhance the process of development and comprehensive digital transformation, and supports the efforts of the National Program for Coders to help talented people master and excel in the programming field, and motivate them to be ready to deal with the requirements of the future with high efficiency.
Dubai, Oct. 9 — The National Committee for Sustainable Development Goals (NSGs), in partnership with the Bostirti Institute and the Global Council on Sustainable Development Goal 13, has launched the first-of-its-kind Studio 2030 podcast that provides content on sustainability in Arabic, aimed at members of the community.
The podcast aims to provide rich content on sustainability, to keep pace with the more severe impacts of climate change, environmental, social and economic challenges in the Middle East and North Africa, and seeks to raise community awareness of the climate and sustainability challenges associated with the global sustainable development goals, by introducing them in a simplified manner, which contributes to enhancing community participation in building the future.
Studio 2030 podcast will be presented by Ibrahim Al-Zoubi, President of the Global Council for Sustainable Development Goals No. 13 (Climate Change Action), and the podcast will be broadcast across various platforms such as YouTube, Apple Podcast, Google Podcast, Podio, Spotify, and Anghami Podcast.
H.E. Abdullah Nasser Lootah, Assistant Minister of Cabinet Affairs for Competitiveness and Knowledge Exchange, said The Chairman of the National Committee for Sustainable Development Goals said that active community participation in supporting governments’ efforts to achieve the global sustainable development goals is a key factor to accelerate the achievement of sustainability goals, and to consolidate their culture and practices as an approach to community life, pointing out that the podcast "Studio 2030" will work to enhance and build community awareness, and provide members of Arabic-speaking communities with a new perspective focused on achieving sustainability, and continuous work to address the major global challenges that we will witness in the future.
He said that the initiative of the National Committee for Sustainable Development Goals to launch this platform distinguished in its content and the way it presents global sustainability challenges, comes as part of the government’s efforts to support the country’s initiatives, enhance its leading global role in shaping the future, and participate in leading the global pace seeking to achieve the global sustainable development goals.
Ibrahim Al Zoubi, President of the Global Council for Sustainable Development Goals on SDG 13 (Climate Change Action), said: "Studio 2030 podcast will present the latest developments and solutions related to the SDGs and their impact. to the world and the Middle East and Africa region in particular, and will reveal the most prominent solutions and aspects of cooperation between all segments of society to achieve these goals." "I am honored to host the most prominent minds and guests who will enrich the discussion and share their practical experiences."
Through its platform, Studio 2030 podcast brings together experts, innovators and thinkers to talk about the Sustainable Development Goals, and in each episode, its followers will discover new ideas, challenges and innovative solutions to build a more sustainable and inclusive future, in addition to the latest trends in sustainable development and its links to daily life.
The podcast series will address key global and regional trends, showcase their potential impact on the MENA region and emerging markets, and provide actionable guidance, while Studio 2030 will introduce the community to how to implement the SDGs locally, ongoing initiatives, innovative solutions and emerging technologies that allow countries to overcome challenges. The
UAE’s National Committee for Sustainable Development Goals was formed in January 2017 and chaired by H.E. Reem bint Ibrahim Al Hashemi, Minister of State for International Cooperation, The Federal Competitiveness and Statistics Center is the secretariat of the committee, which includes the Ministry of Cabinet Affairs, the Ministry of Foreign Affairs, and 13 federal government entities. The Committee aligns the SDGs with national priorities, supports the implementation of the SDGs, and collaborates with local and international partners to expand the circle of active participants in the implementation of the United Nations Agenda for Sustainable Development Goals 2030.
ABU DHABI, 27th September, 2023
Their collaboration also aims to improve the country’s stature in quality of life and competitiveness indexes related to women in international reports.
Noura Al Suwaidi, Secretary-General of the GWU, and Hanan Ahli, Director of the FCSC, signed the MoU.
Al Suwaidi stressed that the optimal utilisation of data and technology could help provide accurate information for decision-makers in a timely manner, allowing them to adopt a forward-looking vision.
She also highlighted the importance of strengthening partnerships with relevant national entities, which will allow the GWU to implement the directives of H.H. Sheikha Fatima bint Mubarak, the “Mother of the Nation", Chairwoman of the General Women’s Union (GWU), President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation (FDF), and translate them into effective initiatives and strategies that outline a sustainable future for women and strengthen the role of Emirati women in all aspects of life.
Ahli highlighted the importance of leveraging information and statistics to improve decision-making and draft policies that affect women’s empowerment.
The MoU will enable the drafting of innovative strategies and initiatives that strengthen the role of Emirati women, highlight the UAE’s related efforts, and improve the country’s performance in international competitiveness indexes, she added.
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.
“President His Highness Sheikh Khalifa bin Zayed Al Nahyan has issued a Federal Decree No. (6) for the year 2015 establishing the Federal Competitiveness and Statistics Authority (FCSA) under the UAE Cabinet.
The new Authority, to be based in the emirate of Dubai, effectively replaces the National Bureau of Statistics and the Emirates Competitiveness Council by integrating the functions of both the entities.
As per the decree, the Authority will work to strengthen the UAE’s position across all global competitiveness indicators as well as promote sustainable development, in addition to serving as the apex body that organises and manages the statistics and competitiveness sectors.
The Authority is also mandated to build an integrated national statistical system. The establishment of the FCSA supports the goals of the UAE Vision 2021, a strategic roadmap to make the UAE among the best countries in the world by 2021.
Functions of the Federal Competitiveness and Statistics Authority Aiming to support the UAE’s competitiveness indicators, the new Authority will undertake a wide array of functions to achieve its goals.
The functions of the Authority include proposing policies, strategies and plans for statistics and competitiveness in coordination with the government and the related entities, as well as evaluating international best practices in all areas of the statistics and competitiveness sectors.
The FCSA will also work to promote a culture of competitiveness, and provide training and support to all government entities for the advancement of statistics and competitive operations.
It will act as an incubator for promoting best and specialized national skills in the UAE, in addition to preparing and implementing a unified statistical system for various sectors in the country.
The Authority will also represent the nation at various international forums in the field of statistics and competitiveness. Enhancing coordination with local entities FCSA is entrusted with a bigger vision and wider tasks to make significant positive changes in strategies to strengthen the efforts of the UAE to increase its competitiveness, especially through information and data revolution.
As per the decree, the Authority is the first and only official reference for all matters related to competitiveness for global reports and surveys.
It will be also a source of official statistics regarding the nation. The Federal Competitiveness and Statistics Authority also will serve as the main link between all the federal and local governments, as well as private sector and international organisations in all matters related to the competitiveness and statistics.
The new Federal decree also nullifies the Federal Law No. 9 of 2009 concerning the National Bureau of Statistics, and eliminates all regulations contrary to or inconsistent with its provisions.
The federal decree will be published in the official newspapers, and shall be effective from the day following the date of publishing. The UAE Cabinet also issued a decree appointing Reem Ibrahim Al Hashimi, Minister of State, as Chairperson of the Federal Competitiveness and Statistics Authority.
The board will include representatives from the Executive Councils of Abu Dhabi, Dubai, Sharjah, Ajman, Umm Al Qaiwain, Ras al-Khaimah, and Al Diwan Al Amiri in Fujairah.
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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.
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