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UAE maintains its ranking in the top ten for the fourth year in a row
June 16th, 2020 – Dubai, United Arab Emirates:
For the fourth year in row, the United Arab Emirates is leading the MENA region in the IMD World Competitiveness Yearbook 2020, issued by the WCC (World Competitiveness Center) of the World Institute for Management Development in Lausanne, Switzerland, which puts the UAE at 9th place in the world among the most competitive countries in the world.
The UAE maintained its position among the top ten competitive countries in the world in 2020, ahead of countries such as the United States, Ireland, Finland, Luxembourg, Germany, and the United Kingdom, to be the only Arab country that succeeded in asserting itself in the Big Ten Club in the World Competitiveness Yearbook for 4 years in a row, since joining the top ten in 2017, despite the challenges of COVID-19 pandemic that influenced the 2020 edition.
According to the results of the report, the United Arab Emirates ranked first globally in 23 indicators and sub-factors, while it ranked among the top five globally in 59 indicators and in top ten globally in 106 indicators, out of 338 indicators covered by the report this year.
The IMD World competitiveness yearbook 2020relies on questionnaires collected (33.33%) and on statistics and data provided by countries (66.67%). The report focuses in its classification of the countries on four factors (Economic Performance, Government Efficiency, Business Efficiency and Infrastructure) with 20 sub-factors each that cover 338 competitive indicators in various economic, financial, legislative, management and social fields, along with some new indicators added in this year’s edition of the yearbook. Some of the new additions reflect the importance of achieving sustainable development objectives, and provide a vision of the economy’s position with respect to the various sustainable objectives that must be met within ten years, such as education, environment, empowerment, ageing and health.
UAE takes the lead in 7 factors (The UAE achieves great leaps in 7 factors)
At the sub-factors level, the UAE achieved an improvement in 7 factors, ranking at 1st place globally in the Labor Market factor, and the 5th globally in the Employment Factor, the 6th place in the Pricing Factor. The UAE is also advancing in other sub-factors, such as the social framework, education, and technology, health and the environment infrastructures, while maintaining its rank unchanged in two sub-factors, the factor of Attributes and Values (second in the world) and the factor of Tax Policy (third in the world).
Commenting on the UAE’s performance in this year’s IMD World Competitiveness Yearbook, His Excellency Abdullah Nasser Lootah, Director General of the Federal Competitiveness and Statistics Authority said:
“Within the UAE2021 vision and in preparation for the Golden Jubilee, the UAE is moving forward with an ambitious strategy that anticipate the future, nurture a culture of excellence to be in the lead of world competitiveness at various levels. Thanks to the vision and guidance of the UAE’s leadership, the country managed since 2017 to join the top 10 competitive countries in this report, and to consolidate its well-deserved position among the top ten globally in the overall ranking and regional leadership. ”
Rapid changes
Hanan Mansoor Ahli, Executive Director, Competitiveness Sector, said: “The annual change in the ranking of the top ten countries in the yearbook reflects the intensity of the competition between the leading countries in recent years. And thanks to the guidance and support of UAE’s leadership and continuous efforts by the government to enhance the country’s world competitiveness, the UAE has succeeded in solidifying its position among the top ten most competitive economies in the world.”
Fourth in the world in Economic Performance despite the global pandemic
Despite the emergency circumstances that the whole world is going through because of the COVID-19 pandemic, the UAE has achieved a balanced performance in the factors of the report, as it moved forward three places in the Economic Performance factor, with the Netherlands topping the global ranking, followed by The United States and Singapore, while the UAE ranked 4th in the world, moving forward three places comparing to last year’s report, ahead of countries such as Germany, China, Luxembourg, Malaysia, Canada, Japan and others.
UAE is leading the world in 23 indicators
The UAE ranked first globally in 23 indicators included in the report within its factors and sub-indicators. In addition, the UAE ranked first globally in the indicators: Bureaucracy Absence, Immigration Laws, Redundancy Costs, low Central Government Foreign Debt, Tax Evasion, Collected Personal Income Tax (%), Collected Indirect Tax Revenues (%), Real Personal Taxes, and the percentage of Females in Parliament, all of which are indicators included in the factor of the Government Efficiency and its sub-factors.
Furthermore, the country ranked first globally in many other indicators such as Labor Force out of the total population, Working Hours, Competent Senior Managers, Industrial Disputes and Foreign Labor Force, all of which are included in Business Efficiency factor. The UAE once again topped the ranks globally in indicators such as Dependency Ratio, Public-Private Partnership and Environmental Laws within the factor of infrastructure and its sub-factors.
Data and technology experts applaud the launch of the global platform for big data for sustainable development goals in the United Arab Emirates.
Several high-ranking officials and experts from government and private sectors, as well as those working in the information and communications technology sector in the country, have commended the importance of the launch of the United Nations platform for big data for sustainable development goals. This launch took place at Expo Dubai 2020 and was attended by more than 86 international experts in 16 sessions. It was witnessed by high-ranking government officials in the country, United Nations officials, and big data experts from more than 22 countries around the world, in addition to top executives from various international and national companies, as well as academics and students.
Regarding the importance of the forum, Dr. Saeed Saif Al Matrooshi, Secretary-General of the Ajman Executive Council, emphasized that the Government of Ajman, under the directives of His Highness Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of the Executive Council, is eager to learn about distinguished practices and pioneering experiences to stay updated with developments and propose innovative solutions in the field of big data. Big data has revolutionized the world of statistics and its future globally.
His Excellency Ahmed Mahmoud Fikri, Director-General of SCAD, stressed the importance of participation and cooperation in global events and conferences related to big data and artificial intelligence technologies, especially those related to achieving sustainable development goals. He highlighted the global and regional significance of this forum, held in conjunction with Abu Dhabi Sustainability Week. The week serves as a platform bringing together experts, decision-makers, government officials, and business leaders from the region and around the world to exchange experiences and discuss best practices.
Eng. Mohammed Al Zarooni, Deputy Director-General of the Telecommunications and Digital Government Regulatory Authority for the Information and Digital Government Sector, stated that the launch of the United Nations Big Data Platform for Sustainable Development Goals in the UAE marks a significant qualitative leap in the country’s strategic role in all areas related to digital transformation, particularly in the big data sector. The Telecommunications and Digital Government Regulatory Authority (TDRA) is pleased to participate in this forum due to its substantial value and impact in utilizing data to achieve sustainable development goals for the benefit of humanity.
His Excellency Younus Al Nasser, Assistant Director-General at Digital Dubai and CEO of Dubai Data Establishment, emphasized the effective contribution of public and private sector data to accelerate the implementation of the United Nations Sustainable Development Goals. By collaborating and analyzing available data from cities, use cases can be identified that not only stimulate economic growth but also have a positive impact on people and the environment.
Her Excellency Thuraya Al Hashimi, Executive Director of the Digital Data Enabling Sector at FCSC, attributed the success of the UAE in hosting the regional headquarters to the collective efforts of the center’s team and the support of its government and national statistical center partners in the country. They have worked closely with the scientific community, researchers, and statisticians, all of whom have commended the UAE’s efforts in keeping pace with global developments and advancing new methodologies and frameworks to link various big data systems while adapting to changes in the global statistical system. This effort also supports global initiatives aimed at achieving sustainable development goals.
Eng. Anwar Mohammed Al-Shammari, Executive Director of the Geospatial Information Governance Sector at the Federal Center for Geographical Information, stressed the importance of promoting and developing the big data sector and industry in the country. This sector plays a strategic role in the country’s journey toward digital transformation and enhances the role of data in supporting efforts to achieve sustainable development goals, particularly in the spatial data sector.
Dr. Hajar Al Hubaishi, Executive Director of Ajman Statistics and Competitiveness Center, underlined the significance of building strategic partnerships and exchanging experiences to promote access to a knowledge-based economy, aligning with the strategic goal of the country.
Dina Fares, Acting Director General of Ajman Digital Government, emphasized that the launch of the platform represents a significant qualitative leap in the strategic role played by the UAE in the big data sector and in achieving sustainable development goals.
Among private sector participants, Samer Assem, General Manager of Al Mazrouei & Partners, highlighted that big data has become an essential tool for the success of businesses in various industries, especially those relying on digital infrastructure for manufacturing, sales, or distribution.
Eng. Waleed Al-Nokrashy, CEO of UAE Digital Lab, specializing in digital transformation, emphasized that the advanced infrastructure of the UAE makes it a focal point for international companies specialized in data, creating an inspiring environment for smart societies.
The forum witnessed the development of strategic partnerships and received substantial support from local and international entities in the public and private sectors, both locally and globally.
Her Excellency Reem Al Hashimy: The UAE has placed sustainable development at the heart of its strategies since its establishment to ensure prosperity and development
Minister of State for International Cooperation and Chair of the National Committee for Sustainable Development Goals, Her Excellency Reem Bint Ibrahim Al Hashimy, affirmed that the government of the United Arab Emirates adopts the Sustainable Development Goals and supports the United Nations’ vision in accelerating the achievement of these goals for the betterment of societies and people.
This came on the occasion of holding the first meetings of the Committee for the year 2022 within the agenda Global Sustainable Development Goals Week, held from From 15 to 19 January, at Expo 2020 Dubai.
Her Excellency said that under the directions of His Highness Sheikh Khalifa bin Zayed Al Nahyan president of the United Arab Emirates, His Highness Sheikh Mohammed bin Rashid Al Nahyan Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander for the armed forces, the UAE is keen to maintain its advanced position and to Remains the global leader in launching the most important programs and initiatives that support communities humanity around the world, and playing a leading and active role in achieving development goals sustainable, based on an innovative scientific methodology based on Visions & Plans A knowledge-based strategy based on factual and accurate data and statistics reflects the reality of the world."
The Chairperson of the Committee stressed that the UAE has put sustainable development in the core of its plans and strategies since its establishment, to ensure the prosperity and development of the country and its citizens. Noting the importance of joint work between all federal and local government entities, and effective coordination between the government and private sectors and strengthening partnership with the community to achieve the objectives of the agenda in the country.
Her Excellency said: "There is not much time left for the deadline, international communities must focus on action and implementation by 2030. The challenges facing the world are growing in magnitude and complexity, it has therefore become vital to adopt immediate solutions that mitigate obstacles relatively smaller, enabling individuals and organizations to operate efficiently and effectively with the biggest and most complex challenges in the medium and long term."
Her Excellency commended the committee members for their dedicated efforts in advancing diverse social, economic, and environmental initiatives both within the country and internationally. She emphasized that the Sustainable Development Goals are more than just a global approach or an international agenda; they are a humanitarian mission aimed at enhancing societies and the well-being of individuals, who are the foundation of developmental endeavors in communities. The Sustainable Development Goals play a significant and pivotal role within Expo 2020, offering an unprecedented opportunity to spearhead global efforts towards ensuring a sustainable future, fostering positive transformations, and envisioning new horizons in the field of sustainability, not only within the UAE but also on a global scale.
His Excellency Abdullah Lootah: "The year 2022 is very important in the UAE’s journey to achieve sustainability goals, as it coincides with the beginning of the country’s march towards the next fifty years"
The meeting was chaired by H.E. Abdullah Nasser Lootah, Vice Chairman of the National Committee on Sustainable Development Goals, chaired the first meeting in 2022, which witnessed the attendance of Dr. Hussein Abdul Rahman Al Rand, Assistant Under-Secretary for Centres and Health Clinics in the Ministry of Health and Prevention; Hanan Mansour Ahli, Acting Director of the Federal Competitiveness and Statistics Centre, and members of the National Committee on SDGs. A number of sessions, presentations and discussions were held, reviewing various initiatives and steps taken by the Committee during the past year, and discussed strategies and priorities for the next stage, including efforts and plans to promote the achievement of development goals in the nation.
Abdullah Lootah stated that 2022 marks a significant milestone in the UAE’s journey towards achieving the Sustainable Development Goals. This coincides with the commencement of the nation’s journey towards the next fifty years, during which various initiatives and programs will be launched to support the vision of the wise leadership in realizing the pillars of the UAE Centennial 2071. This effort aligns with global sustainability priorities and has been recognized by the United Nations as a "decade of work" dedicated to achieving these goals.
Hanan Ahli: New plans, ideas and initiatives reflect positively on the process of achieving Sustainable Development Goals.
H.E. Hanan Mansour Ahli, Acting Director of the Federal Competitiveness Statistics Centre, remarked that the committee members and their dedicated teams demonstrated remarkable resilience and adaptability. Despite the challenges posed by the global landscape, be it the lingering impacts of the "Covid-19" pandemic or the fluctuations in climate and geopolitical dynamics, they successfully developed plans, ideas, initiatives, and proposals for the year 2022. These discussions and deliberations exemplified a shared spirit of integration, consensus, and unwavering determination to propel the UAE forward.
Hanan Ahli further emphasized, "The UAE has made significant strides in the realm of sustainable development, receiving accolades from major international institutions that meticulously assess the country’s performance across a wide array of competitive indicators tied to sustainable development. The UAE proudly claimed the top global ranking in 97 of these indicators linked to Sustainable Development Goals and secured a position among the top ten on a global scale in 268 other indicators. To reinforce our leadership position both regionally and internationally, it becomes imperative to redouble government efforts in the pursuit of Sustainable Development Goals (SDGs). Additionally, fostering collaborations between the public and private sectors is vital to advance these objectives, making sustainable development an overarching societal priority in the UAE."
She noted, "The comprehensive data supplied by government agencies plays a pivotal role in advancing the UAE’s endeavors to realize the Sustainable Development Goals. It aids in the development of innovative initiatives and informed decision-making based on precise and accurate data." Hanan Ahli emphasized the significance of harnessing the global platform provided by Expo 2020 and the array of international events and activities it hosts. These events offer a unique opportunity to showcase the UAE’s successful experiences in achieving these goals on a global stage.
Projects Fast and high-impact companies.
During the meeting, committee members reached a consensus on the paramount importance of prioritizing planning and executing projects and initiatives that are characterized by their swiftness and ease of implementation, while also ensuring they yield substantial and clearly visible impacts. They underscored the significance of collaborative efforts among the government agencies involved in the Committee to reinforce the nation’s commitment to the Sustainable Development Goals.
Furthermore, the meeting highlighted the most prominent efforts and initiatives undertaken at both national and international levels. It was noted that the global partnerships established by the UAE have played a crucial role in assisting countries and communities during the COVID-19 pandemic. This support included providing medical and food assistance to various parts of the world, aligning with the objectives of Sustainable Development, such as eradicating hunger, combating poverty, and ensuring access to sound healthcare, among other vital goals.
The National Committee for Sustainable Development Goals, established in 2017, is dedicated to the implementation of the 2030 Sustainable Development Goals. This committee plays a pivotal role in aligning the UAE’s national development priorities with the UN’s developmental goals, facilitating information-sharing among stakeholders, and supporting the integrated implementation of these developmental objectives. Comprising of 17 members, its mission is to provide essential support for goal implementation, monitor progress, and engage stakeholders in the collective efforts to achieve these objectives. Additionally, the committee collaborates in aligning sustainable development goals with the UAE’s national agenda, including the National Wellbeing Strategy, and works in coordination with the youth, the private sector, and knowledge institutions to ensure the effective implementation of these vital development goals.
Dubai (Union) – The Higher Committee for Coordinating Statistical Work at the national level had its fourth meeting at the Federal Competitiveness and Statistics Centre in Dubai; where they discussed the National Statistics Strategy plan, as part of its efforts to enhance continuous assessments of new emerging needs and improve the efficiency of the statistical system to serve development programs at both the national and international levels. The meeting was attended by H.E. Sheikh Sultan bin Abdullah Al Qasimi, Director of the Department of Statistics and Community Development, H.E. Hanan Ahli, Managing Director of the Federal Competitiveness and Statistics Centre and Chairman of the Committee, H.E. Abdullah Gharib AlQemzi, Acting Director General of the Statistics Centre – Abu Dhabi, H.E. Younus Al Nasser, Assistant Director General, Digital Dubai & CEO, Dubai Data Establishment, Dr. Hajar Al Hubaishi, Executive Director of Ajman Statistics Center, Najwa Yaqoub, Executive Director of the Ras Al Khaimah Center for Statistics and Studies, and H.E. Dr. Ibrahim Saad, Director of Fujairah Statistics Center. H.E. Hanan Ahli, emphasized the importance of enhancing cooperation between the statistical entities in the country through the exchange of knowledge and experiences and unifying standards of statistical processes. She pointed out that the upcoming action plan will prioritize designing the future statistical system and ways to improve the competitiveness of the UAE in global reports and indicators. She highlighted the importance of focusing on technical areas with a high impact on the national statistical strategy. The Committee stressed the importance of the participation of the UAE delegation in the fifty-fifth session of the United Nations Statistical Commission, in coordination with the Office of the Permanent Mission of the UAE to the United Nations, as the meetings of the Committee represent an ideal opportunity to build channels of communication and fruitful cooperation with international statistical authorities. It is worth mentioning that the Higher Committee for Coordinating Statistical Work was established at the national level in 2016 as a national initiative aimed at enhancing partnership opportunities, developing mechanisms for joint work, intensifying coordination among statistical entities in areas of statistical work development, and designing policies and implementing strategies based on data supporting decision-making processes.
Dubai, the United Arab Emirates- 16th February 2020
The Federal Competitiveness and Statistics Authority (FCSA) participates in the Global Women’s Forum Dubai 2020 (GWFD 2020) scheduled to be held today under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, during 16-17 February 2020 under the theme “The Power of Influence”.
As per the forum agenda, FCSA is participating in several main sessions, in addition to introducing an innovative digital interactive screen designed to display the most recent facts and figures on the UAE journey in empowering women, and its achievements in the most important global competitiveness reports and indicators on women empowerment and gender balance.
FCSA would also introduce a special report on the role of women in development in partnership with the Dubai Women Establishment, National Committee on Sustainable Development Goals, and the Arab Youth Center.
On its participation in GWFD 2020, H.E. Abdullah Nasser Lootah, FCSA Director-General stated: “FCSA is proud to actively participate in GWFD 2020 by contributing to the main agenda and providing the essential support to this important global event. GWFD 2020 is a platform to document the UAE sustained achievements in realizing gender balance and women empowerment in all areas.”
“FCSA would make sure to shed light on the UAE notable achievements in areas of laws, procedural improvements and the results achieved due to accurate and updated data, and their repercussions on the most important global competitiveness reports and indicators,” H.E. Lootah added.
Plenary Sessions
H.E. Hanan Ahli, Executive Director of the Competitiveness and SDGs Sector at FCSA, said: “FCSA would showcase its experience in several dossiers on women’s empowerment and their relationship to achieving SDGs 2030 through supporting decision-makers. Such support is realized by providing and making the accurate and up-to-date data accessible to them, and introducing legislative and procedural improvements to laws on women and their role in society, as well as the economic and knowledge development processes.”
H.E. Ahli stated: “FCSA aims through its participation in GWFD 2020 to showcase the adopted best practices in UAE which in total designed to achieve sustainable development. We would also present UAE’s success stories in harnessing the competitiveness strategy to achieve humanitarian goals, in addition to the most important lessons learned in producing and making data on women’s empowerment accessible to the public.”
An Interactive and Figure-Based Screen Highlighting Emirati Women Leadership
As part of the its input to the forum, FCSA plans to reveal an interactive display screen to all visitors and guests to view the recent data, statistics, and indicators of global competitiveness achieved by UAE in addition to all that related to supporting and enhancing women’s leadership, pioneering and social role in UAE. This data is displayed in a unique interactive visual style which facilitate displaying and explaining the data and indicators smoothly and simply.”
Noteworthy, the second edition of GWFD2020 would tackle several thematic subjects that present diverse insights and international experiences from around the world. Part of the prominent dossiers that would be addressed is the role of women in the Fourth Industrial Revolution and their contribution to achieving SDGs and the innovation industry. GWFD 2020 agenda would also address other several topics, namely peace and prosperity, the role of governments in developing strategies to ensure gender balance, and harnessing modern technology to achieve this balance and the most effective empowerment in all areas.
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