The UAE ranked first among all Arab countries, in terms of providing economic opportunities for investors and residents.
The Global Partners Global Citizenship Report 2023 ranked the UAE 20th globally and first in the Middle East and the Arab region in the ranking of economic opportunities out of 128 countries, outperforming Iceland, Malaysia, China, Qatar, Italy, Saudi Arabia, South Korea, and Turkey. Globally, Singapore, the United States, Hong Kong, the Netherlands, and Japan are among the top five countries offering the best economic opportunities. The UAE has approved several initiatives to facilitate doing business, such as the introduction of a new long-term visa system, raising foreign ownership to 100 percent, in addition to the absence of income tax, not to mention the signing of partnership agreements with major economies such as China, India, and the United States.
Source (Al Khaleej Emirati Newspaper, Edited)
