Dar Al Ber hails UAE making it to list of top 10 competitive countries

AJMAN — Dar Al Ber Society has hailed the UAE government’s tireless effort which helped the country enter the coveted list of the 10 most competitive countries in the world in 2017, according to the IMD World Competitiveness Yearbook.

This year, the country improved its ranking by five positions from its 2016 overall global competitiveness ranking of 15, securing a place among the world’s top 10 most competitive nations.

The IMD World Competitiveness Centre, a research group at the IMD business school in Switzerland, has been publishing the rankings every year since 1989. It compiles them using 260 indicators, about two-thirds of which come from “hard” data, such as national employment and trade statistics; and a third from more than 6,250 responses to an executive opinion survey that measures the business perception on issues such as corruption, environmental concerns and quality of life.

The UAE has not only jumped five positions in a year, but also has stood first worldwide in terms of the quality of its government decisions, flexible policies, and legally-supported adoption of technology.

Such exceptional achievement is the outcome of the country’s civilised and developed project that was initiated since the foundation of the union in 1971 by the late Sheikh Zayed bin Sultan Al Nahyan and the founding Sheikhs.

This consistent growth over the last four decades has become even more robust under the leadership of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, and Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum.

Khalfan Khalifa Al Mazrouei, Chairman of Dar Al Ber Society, noted the prestigious international ranking was not only the fruit of dedication and hard work but also an added achievement for the UAE.

“It reflects the exemplary vision of the leadership, as well as the relentless effort of the people, and the success of the innovative projects and initiatives of sustainable and integrated development that were launched.”

Abdullah Ali bin Zayed Al Falasi, Executive Director of Dar Al Ber Society, stated the consecutive achievements of the UAE meant individuals and entities had more responsibilities towards the country.

“We all need to be part of this remarkable achievement, and add to it by boosting scientific research, developing education, and having all charity associations involved in the thorough development process, in view of social responsibility and community partnership,” he said.

Source: Emirates News Agency