10 components that placed the UAE among the first in global competitiveness indicatorsTruth Consultancy
The director of the “Truth” Economic and Management Consultancy Company, Reda Mosallam, said: The progress of the Emirates’ classification on the global competitiveness indicators was not the result of the moment, but this is due to several factors, foremost of which is the sustainable development of its work in government and semi-government departments, and the state’s spending on security and its security network which guarantees the protection of investor funds and the safe life of every expatriate on its land. In addition to its possession of a modern road network and airlines ranked among the largest airlines in the world and developed ports.
He pointed out that among those factors also is the presence of advanced legislation that attracts investors and the state’s spending of billions to confront the Corona pandemic, in a way that guarantees health safety and immunizes the population from the virus.
Among those factors also is the state’s possession of sovereign wealth funds that are among the top ten in the world, in addition to being one of the easiest countries to do business globally.