Abu Dhabi – Mubasher: The UAE has been named the World’s 10th best-performing economy, according to a recent report by US News World.
Saudi Arabia came in ninth place in the international ranking, with the US coming on top and Russia, coming in second, followed by China, UK, Germany, France and Japan, respectively.
The ranking, as the report highlighted, was based on each country’s significant contributions to the global economy, the magnitude of the success of their foreign policy, and their military budget strength.
The report further showed that the Power sub-ranking was measured primarily by five factors that provide solid indicators of a country’s political and economic influence as well as its military alliances.