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UAE ranks 1st in Arab world, 20th in global economic opportunity

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Abu Dhabi: The United Arab Emirates (UAE) ranks first in the Arab world and 20th globally for economic opportunities for residents and investors.

This is based on a Report In the “Economic Opportunity Ranking” list released by the “2023 World Citizen Report”, 128 countries ranked higher than Iceland, Malaysia, China, Qatar, Italy, Saudi Arabia, South Korea, Turkey and other countries.

The UAE has announced a number of initiatives to make doing business easier, such as the introduction of a new long-term visa regime, 100% foreign ownership for foreigners, zero income tax, very low corporate income tax, and the signing of Comprehensive Economic Partnership Agreements (CEPA) with several countries Sign agreements to facilitate and facilitate trade with major economies like India, Israel, etc.

Globally, Singapore, the US, Hong Kong, the Netherlands and Japan are among the top five countries with the best economic opportunities.

Top 10 Arab countries with the most economic opportunities

nationFractionrank
United Arab Emirates (UAE)75.020
Qatar72.9twenty four
Saudi Arabia70.030
Bahrain65.440
Kuwait65.141
Oman63.646
turkey62.153
Jordan60.961
Iraq5963
Palestinian territories59.963

This post was last modified on April 25, 2023 at 9:55pm

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