UAE tops Arab world in future readiness

UAE tops Arab world in future readiness

The UAE is the top country in the Arab world in terms of its preparedness for the future, according to a new report. The Future Readiness Economic Index, produced by Washington-based Portulans Institute and Google, ranked the UAE in the third position among 27 emerging global economies and 27 out of 123 countries. The report aims to provide countries with a valuable tool to measure their future readiness and serve as a guide to their strategy choices and policy decisions. It ranks countries based on factors like digital transformation, innovation and the ability to attract, grow and retain talent, among many others. Among the emerging economies, Singapore topped the overall rankings, followed by Israel, UAE, China, Qatar, Saudi Arabia, Chile, Thailand, Russia and Turkey. The UAE landed the 16 position in terms of talent, 19 in infrastructure and institutions, 22 in innovation and 26 in technology. In the area of human capital, the UAE scored high in terms of its ability to attract talent (4 ), as well as grow human skills (6 ). However, it didn’t perform as good in terms of its capacity to retain talent, ranked 47 . According to Ohood bint Khalfan Al Roumi, Minister of