The UAE was ranked among the best countries in the world for doing business; It ranked third in partnership with 7 other countries in the quarterly report "GlobalVue" issued by "Edwards Global Services", achieving high points in all sub-classifications of the index, which is based on data from a group of prestigious international institutions, such as "Deloitte" and the Information Unit of the Economist, the World Bank, the Canadian Fraser Institute, as well as the World Economic Forum.
The UAE advanced in the general classification, which was topped by the United Kingdom, followed by the United States, Canada, New Zealand and Spain, respectively, over advanced economies such as: Singapore, Germany, Japan, South Korea, China, Hong Kong, Italy and others.
In its classification, the institution gave the element of "economic recovery from the Corona crisis" the largest share of attention, which reflects the advanced ranking occupied by the UAE in this aspect. In addition to that, it monitors in its report the general economic and political activity in the countries, and then gives the countries their classifications based on it.
The UAE ranked first in the world within the “Ease of Doing Business” component in general, in addition to achieving the full score in other sub-elements, namely: the corruption index, political stability, economic stability, and the index of the level of long-term investment risks, in addition to the classification of speed of recovery from the consequences of Corona crisis.
The UAE also placed fifth globally on the Islamic Travel Index (2021 GMTI) issued by MasterCard International, in cooperation with the Crescent Rating Foundation, with 72 points, an indicator in which Malaysia maintained its lead, followed by Turkey, Saudi Arabia and Indonesia, and is mainly concerned with measuring and analyzing the conformity of classified destinations with Islamic traditions and customs, and the safety and personal security of travelers, among others.
Source (Al Khaleej Newspaper-UAE, Edited)
