UAE - Mubasher: The UAE came in the first position among countries in the Middle East and North Africa (MENA) region and ninth globally in the IMD World Competitiveness Yearbook 2020, according to the Emirates News Agency (WAM).
The UAE maintained its position among the world's top ten competitive countries in 2020 for the fourth year in a row, despite the challenges posed by the coronavirus (COVID-19) pandemic.I
In 2019, the UAE was ranked 5th globally on the index, as shown by the recent report issued by the World Competitiveness Centre of the World Institute for Management Development (IMD) in Switzerland.
Meanwhile, the UAE ranked first globally in 23 indicators and sub-factors, while it was placed among the top five globally in 59 indicators and top ten in 106 indicators out of 338 indicators in the report.
The UAE leads the world's countries in indicators such as labour force out of the total population, working hours, competent senior managers, and industrial disputes.
At the Arab level, the UAE hit the top spot of the competitive countries, followed by Qatar and Saudi Arabia that ranked 14th, and 24th, respectively.
