UAE ranks top in AMF’s Arab Economic Competitiveness Index

  • Date: 22-Dec-2023
  • Source: GCC Business News
  • Sector:Financial Services
  • Country:UAE
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UAE ranks top in AMF’s Arab Economic Competitiveness Index

The United Arab Emirates (UAE) has secured the top spot in the latest Arab Economic Competitiveness Index released by the Arab Monetary Fund (AMF), cementing its position as the most economically competitive nation in the Arab world. This dominant performance, highlighted in the seventh edition of the AMF’s Arab Economic Competitiveness Report, underscores the UAE’s […]The United Arab Emirates (UAE) has secured the top spot in the latest Arab Economic Competitiveness Index released by the Arab Monetary Fund (AMF), cementing its position as the most economically competitive nation in the Arab world.

This dominant performance, highlighted in the seventh edition of the AMF’s Arab Economic Competitiveness Report, underscores the UAE’s sustained progress across crucial sectors, including its robust overall economy, increasingly attractive investment environment, and growing allure.

The report further highlighted that the UAE secured the top position in the government financial sector index, ranking first in the deficit or surplus to GDP ratio and second in the tax burden index and the Emirates came in first place among Arab countries in terms of investment environment and attractiveness, topping the economic freedom index due to its advanced standing in all sub-indices.

According to the statement, “The UAE also topped the infrastructure sector index,