The UAE also ranked 23rd globally in 'Entrepreneurship,' and tops the list for Arab nations.
According to the report, which is compiled in partnership with Bav Group and Wharton School of the University of Pennsylvania, "The World Bank predicts the global economy will grow at the fastest rates it’s seen since the global financial crisis for the next couple of years," adding, that "nations that differentiate themselves are those that have the resiliency and momentum to overcome the challenges."
The UAE received the ranking based on several attributes, including levels of "Distinctiveness", "Difference," "Uniqueness," and "Dynamism."
The UAE also ranked 23rd globally in "Entrepreneurship," and tops the list for Arab nations. The Entrepreneurship sub-ranking relates to how a country is connected to the rest of the world, how educated its population is, its entrepreneurial level and innovation, as well as how it "provides easy access to capital, skilled labour force, technological expertise, transparent business practices, well-developed infrastructure and well-developed legal framework," the study added.
Best Countries is a rankings, news and analysis project created to capture how countries are perceived on a global scale. The rankings evaluate 73 countries across 24 rankings drawn from a survey of more than 20,000 global citizens, measuring 75 dimensions that have the potential to drive trade, travel and investment and directly affect national economies.
According to the report, CBUAE noted that the UAE banking system remains strong, with sufficient capitalisation and liquidity reserves, solid financial performance and high operating efficiency.
The session are held through the Ministry’s social media platforms using videoconferencing technology. Their main objective is to enhance political awareness among all members of the community.
Upon arrival, His Highness Sheikh Mohamed Bin Zayed was received by Chinese President Xi Jinping and senior Chinese leaders.
Tower A, the Elite building of Bloom Towers, consists of 255 premium residential units ranging from one-bedroom to three- bedroom apartments with sizes from 700 to 1,600 sqft available to purchase with prices starting from Dhs750,000, offering homeowners and investors great opportunities to secure exceptional long-term value and a guaranteed 8% return on investment for three years.
The Cabinet, chaired by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has approved the issuance of a federal decree-law
Marwan Bin Jassim Al Sarkal, Executive Chairman of Sharjah Investment and Development Authority (Shurooq), affirmed that Sharjah continues its efforts to further diversify its economy