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DATA FOR A BETTER FUTURE
The UAE has maintained its leading regional position among countries with “very high human development” advancing 11 places globally, according to the 2025 Human Development Index (HDI) report issued by the United Nations Development Programme (UNDP), compared to the 2021/2022 report.
The UAE now ranks 15th globally out of 193 countries covered in the report, surpassing countries such as Canada, the United States, Japan, Australia, and Korea. It is the only Arab country among the top 20 nations, reaffirming its commitment to a development vision that prioritizes people’s wellbeing at the heart of its national policies. This is achieved through an integrated approach that supports key sectors such as health, education, and standard of living, establishing the UAE as a global model for sustainability, human capital development, and inclusive progress, building a future based on opportunities and empowerment.
According to this year’s report titled “A matter of choice: People and Possibilities in the Age of AI,” the UAE achieved a score of 0.94. Based on the report’s four main indicators, the UAE’s life expectancy at birth reached 82.9 years, aligning with the third Sustainable Development Goal (SDG) “good health and well-being”. The expected years of schooling reached 15.6 years, with an average of 13 years of schooling, reflecting the fourth SDG goal “quality education”. The Gross National Income (GNI) per capita amounted to $71,142, reflecting to the eighth SDG goal “decent work and economic growth”.
AbdulRahman Al Owais: People’s Health at the Core of UAE’s Development Priorities
His Excellency AbdulRahman bin Mohamed Al Owais, Minister of Health and Prevention, stated that people’s health is at the core of the UAE’s development priorities. He emphasized, “The UAE’s leading position in the 2025 Human Development Index reflects our steadfast commitment to providing an integrated healthcare system, adopting medical innovation, enhancing prevention, and ensuring access to high-quality healthcare services, achieving the UAE’s vision of building a healthy and sustainable future for generations.”
Sarah Al Amiri: Investing in Education is Investing in Humanity
For her part, Her Excellency Sarah bint Yousef Al Amiri, Minister of Education, said, “Investing in education is investing in humanity a principle the UAE has upheld since its founding, through flexible educational policies that address global challenges and prepare future generations to compete and innovate. The UAE does not adopt a conventional educational system but invests in thoughtful Emirati minds armed with knowledge, qualified to lead a flourishing future in the era of AI and cognitive transformation.”
Hanan Ahli: Human-Centric Plans and Policies
Her Excellency Hanan Mansour Ahli, Managing Director of the Federal Competitiveness and Statistics Centre (FCSC), stated that the UAE has established a unique development model that places people at the center of all plans and policies, relying on healthcare, education, and innovation as pillars for a prosperous and comprehensive future. She pointed out that progress in the HDI report affirms that the UAE’s development policies are proactive and data-driven, prioritizing not only economic growth but also wellbeing, enhancing its position as a global leader in sustainable development.
UAE Ranks Third Globally for Net AI Talent Migration The HDI Report highlighted AI tools and their growing impact on human development pathways, amidst slowing development progress and widening gaps between high and low-development countries. It emphasized the need for adaptive, human-focused policies that place health, education, and standard of living at the core of national strategies, recognizing human capital as the key to navigating the digital transformation era.
The report further showed that the UAE recorded the third highest global net migration rate through the LinkedIn platform for AI skills in 2023, underscoring its ability to attract world-class expertise and its status as a global hub for future skills. It further clarified that high-income countries like the UAE achieve net gains in specialized skills, while low to medium-income countries face losses, indicating the dominance of advanced economies in attracting and retaining expertise. It calls for building a collaborative economy where humans and AI work in tandem, focusing on empowering individuals with knowledge and technology to enhance their capabilities and skills, ensuring comprehensive, sustainable development and a prosperous future for all.
The HDI Report has been published annually by the UNDP since 1990, the Human Development Index is a composite measure that evaluates the quality of life in societies worldwide through three main dimensions: health, education, and standard of living, including four indicators: life expectancy at birth, expected years of schooling, mean years of schooling, and Gross National Income per capita.
The UAE has achieved a new qualitative milestone that reflects its global leadership in adopting the principles of digital government and open data. The country ranked 10th globally in the 2024/2025 Open Data Inventory (ODIN) report, issued by Open Data Watch (ODW), surpassing major countries such as Sweden, the Netherlands, Germany, Canada, and the United States. The report, released biennially by ODIN, evaluates the comprehensiveness and openness of data published on the national statistical offices’ websites in 197 countries, covering vital sectors including economic, financial, social, and environmental statistics, making it one of the leading specialized global reports.
The report ranks countries based on 64 indicators that measure the availability and accessibility of statistical data shared through official open data platforms. It assesses whether countries meet international standards of openness, including criteria such as machine-readability without restrictions, availability of descriptive metadata, and broad geographic coverage.
The UAE ranked first globally in several indicators, including Money and Banking, Food Security and Nutrition, and the Price Index and Inflation, in which the country advanced 45 places. The UAE also ranked second globally in International Trade and Education Outcomes, with a notable leap of 54 places, in addition to strong performance in indicators related to environment, health, and gender statistics.
Majed Al Mesmar: UAE Enhances its Position as a Global Knowledge-Based Decision-Making Platform
His Excellency Engineer Majed Sultan Al Mesmar, Director General of the Telecommunications and Digital Government Regulatory Authority (TDRA), said: “This achievement reaffirms the UAE’s commitment to an ambitious futuristic vision integrating digital policies with comprehensive development efforts, by establishing a robust digital infrastructure based on open data as a tool for community empowerment, enhancing global competitiveness, and fostering an innovation culture built on data.” He added that the UAE strengthens its position as a global platform for knowledge-based decision-making and a leader in comprehensive digital transformation regionally and globally. This achievement also reflects the empowering role played by TDRA in strengthening the country’s digital readiness through developing legislative and regulatory frameworks, supporting national policies on open data, and providing digital infrastructure to ensure integration among government entities, solidifying the UAE position as a global reference in adopting concepts of digital government, transparency, and data-driven innovation.
Hanan Ahli: UAE’s Progress Embodies a Leading Model for the Government of the Future
Her Excellency Hanan Mansour Ahli, Managing Director of the Federal Competitiveness and Statistics Centre (FCSC), affirmed that the UAE’s progress in the ODIN Report 2024/2025 embodies a pioneering model for the government of the future, based on transparency, openness, and utilizing data as a strategic tool to drive comprehensive development.
She stated, “This achievement represents the foresighted vision of the UAE and continuous investment in building a flexible and advanced statistical system based on digital readiness, contributing to strengthening the country’s global competitiveness, supporting key directions in enhancing integration between government entities, contributing to future planning in various vital sectors, policy development, enhancing community participation, and solidifying the UAE’s position as a leading model in adopting concepts of digital government and open data.”
Open Data
Open data refers to publicly accessible data and statistics that can be used, reused, distributed, and shared freely by individuals and organizations. Governments worldwide provide such data online without restrictions to access. In the current report, the UAE scored 92 points for openness and 74 points in data coverage, resulting in an overall score of 84 points in the report.
H.E. Abdulla bin Touq Al Marri: Under the wise leadership’s vision, the UAE has built an innovative economic model based on global best practices. The continuous growth of the national economy reflects the success of the UAE’s economic diversification policies.
We remain committed to achieving the goals of “We the UAE 2031”, aiming to expand the UAE’s GDP to AED 3 trillion by the next decade and securing the UAE’s position as a global hub for new economy.
Hanan Ahli: The UAE’s robust economic performance is backed by a clear future-oriented vision focused on sustainable economic growth.
Additional Subtitles:
• UAE’s real GDP reaches AED 1.322 trillion
• Non-oil GDP reaches AED 987 billion
• Contribution of non-oil sectors to real GDP is 74.6%
• Top-growing sectors: Transport, construction, finance, government, and hospitality
• Leading contributors to non-oil GDP: Trade, manufacturing, finance, construction, and real estate
• Nominal GDP reaches AED 1.486 trillion (6% growth)
• Nominal non-oil GDP reaches AED 1.136 trillion (6.6% growth)
The UAE has recorded significant growth in its real GDP by 3.8%, reaching AED 1.322 trillion in the first nine months of 2024, compared to the same period in 2023. Meanwhile, non-oil GDP expanded by 4.5% to AED 987 billion, accounting for 74.6% of total real GDP, while oil-related activities accounted for 25.4%.
Commenting on this performance, H.E. Abdulla bin Touq Al Marri, Minister of Economy, emphasized that the UAE’s sustained economic growth is a testament to the success of its policies and strategies aimed at enhancing economic diversification, streamlining business operations, and driving the expansion of new economy sectors as key drivers of sustainable economic and social development. He highlighted that, under the leadership of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, and the guidance of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai, the UAE has built an agile and globally competitive economic model capable of adapting to global challenges and rapid changes.
“The UAE continues to increase the contribution of non-oil sectors to the national economy by developing flexible economic legislation, enhancing global trade openness, and building strategic partnerships with key international markets. These efforts align with the “We the UAE 2031” vision, which aims to grow the UAE’s GDP to AED 3 trillion within the next decade and secure its position as a global economic hub,” H.E. bin Touq added.
Hanan Ahli, Managing Director of the Federal Competitiveness and Statistics Centre, stated: “The UAE’s GDP growth over the past nine months reflects our strong economic performance and future-driven vision focused on sustainable economic expansion, led by non-oil sectors.”
“Economic diversification remains a key pillar of the UAE national strategy, ensuring long-term growth in the economy and in key economic and development indicators,” she emphasized.
Top-Growing Economic Sectors
During the first nine months of 2024, the UAE’s fastest-growing economic sectors showcased remarkable expansion compared to the same period in 2023. The transport and storage sector experienced a significant growth of 7.9%, largely driven by a surge in passenger traffic at UAE airports, which welcomed over 103 million travelers, marking a 20% increase. Similarly, the construction and building sector expanded by 7.4%, fueled by substantial investments in large-scale urban infrastructure projects. The financial and insurance sector also saw steady growth, rising by 6.8%, while government activities expanded by 5.0%. Additionally, the hospitality and restaurant sector recorded a 4.9% increase, reflecting the continued momentum in the tourism industry.
When examining the key contributors to non-oil GDP, trade emerged as the largest sector, accounting for 16.5% of total non-oil economic output. Following closely behind, manufacturing contributed 15.1%, underscoring the UAE’s industrial strength. The financial and insurance sector played a crucial role, making up 12.1% of non-oil GDP, while construction and building activities contributed 11.7%, and the real estate accounted for 7.6%.
Overall, the UAE’s nominal GDP reached AED 1.486 trillion during the first nine months of 2024, reflecting an impressive 6% year-on-year growth. The nominal non-oil GDP also grew significantly, reaching AED 1.136 trillion, with a 6.6% increase. Notably, non-oil sectors contributed 76.5% to the total GDP, further highlighting the UAE’s progress in economic diversification and sustainable growth.
United Voices for 2045: UAE Launches a Global Survey to Shape the Future of Sustainable Development
DUBAI, 22nd January, 2018 (WAM)
The UAE occupied the first regional position and the 17th international position on the Global Talent Competitiveness Index, GTCI, according to the 2018 publication issued by INSEAD.
The report is a comprehensive annual index that measures how countries and cities grow, attract and retain talent, providing a unique resource for decision makers to understand the global talent competitiveness picture and develop strategies for boosting their competitiveness.
In this year’s report, the UAE advanced two positions in compared to last year’s ranking. The UAE retained its rank among the 20 best countries in the world on the index, topping GCC, Middle East and African countries
Reem bint Ibrahim Al Hashimy, Minister of State for International Cooperation and Chairwoman of Federal Competitiveness and Statistics Authority, FCSA, expressed her pride in this achievement and thanked all government authorities and private sector companies for their co-operation in supporting the UAE’s competitiveness.
She stressed that UAE’s progress in the talent competitiveness index proves to the world the efficiency of its comprehensive development strategy, based on the directives of its wise leadership, aimed at building a knowledge-based economy, as well as its success in providing an environment that attracts talent.
Malik Al Madani, Director of the Competitiveness Strategy Department in FCSA, stressed that the UAE is harvesting the fruits of years of hard work to provide a solid infrastructure and an attractive economic and investment environment as well as establish an advanced education sector. He pointed out that all these components promote the development of human resources in the country and support its progress and international competitiveness.
Al Madani also added that the UAE achieved an exceptional performance in a number of key pillars and sub-indexes in this year’s report, after occupying the first international position in five sub-indexes including easy employment, each employee’s productivity, and international students’ attraction
The report also indicated that the UAE achieved the second international position in the strength of work relations between the government and business index, economic blocs/free zones, attracting minds and talents, and the third international position in the foreign direct investment and technology transfer and maintaining minds and talents.
This year’s report also witnessed an improvement in a number of pillars and sub-indexes as the country jumped by 13 positions compared to last year’s ranking to the first international position in the professional and technical skills pillar, measuring the availability of the required professional and technical skills in the different labour market sectors.
The UAE secured the third place internationally in attraction, which evaluates its ability to attract the best skills from outside the country, in addition to the country’s advancement of 19 levels in this year’s report in the growth axis, which measures the average growth of talent available in the country.
Al Madani said that the country is working to achieve its vision of becoming one of the best countries in the world by the UAE Centennial 2071, by focusing on future foresight, building an economy based on knowledge, creating an attracting business atmosphere, following innovation, and providing an advanced knowledge infrastructure, which supports the creation and exchange of knowledge.
The 2018 edition of GTCI includes 68 variables (65 in 2017), covering 119 countries and 90 cities (respectively 118 and 46 in 2017). This year again, GTCI scores are led by developed, high-income countries.
Switzerland maintains its number 1 position, followed by Singapore and the United States.
European countries continue to dominate the GTCI rankings, with 15 of them in the top 25.
Among the non-European countries ranking high this year, are Australia (11th), New Zealand (12th), Canada (15th), the United Arab Emirates (17th), and Japan (20th) for example.
Dubai, September 11, 2018
The Federal Competitiveness and Statistics Authority (FCSA) held a meeting for heads of communication from government entities and private-sector strategic partners at its headquarters, where it showcased the progress made in preparing for the second UN World Data Forum, set to be held in Dubai in October with more than 1,500 data experts in attendance.
His Excellency Abdullah Nasser Lootah, FCSA Director General, Chairman of the Organising Committee of the UN World Data Forum 2018, kicked off the meeting by outlining the vision and objectives behind the UAE’s hosting of the UN event. H.E. Lootah welcomed the attending officials – the heads of communication from the Ministry of Interior and statistics centres in Abu Dhabi, Dubai, Sharjah, Ajman, Ras Al Khaimah and Fujairah, in addition to the General Secretariat of the Executive Council of Umm Al Quwain, Dubai Electricity and Water Authority (DEWA), the Smart Dubai Office (SDO) and Abu Dhabi Ports.
Participants stressed the necessity of unifying the messages coming from the various entities and aligning them with the Forum’s objectives. They went on to call for greater cooperation between heads of communication and the organising teams to ensure media coverage that is on par with the Forum’s international status and prestige, and that underlines a set of clear and concise messages on the importance of data and its role in policy- and decision-making.
The UN World Data Forum is the most prominent event of its kind in the world with a primary focus on data and statistics. With its specialised discussion panels, the event presents a platform for exploring and enhancing the role of data and statistics in achieving the Sustainable Development Goals (SGDs) 2030 – most notably, food security, health and education.
The three-day Forum will be held on October 22-24, 2018, at Dubai’s Madinat Jumeirah, with support from major strategic partners, namely: The UAE Ministry of Foreign Affairs and International Cooperation (MOFA); the Ministry of Interior (MOI); GCC Statistical Center (GCC-STAT); the Smart Dubai Office (SDO); Dubai Electricity and Water Authority (DEWA); Dubai Statistics Center (DSC); DP World; Abu Dhabi Ports; Statistics Centre – Abu Dhabi; Sharjah Department of Statistics and Community Development (DSCD); Fujairah Statistics Centre; and the General Secretariat of the Executive Council in the Emirate of Umm Al Quwain.
- The event included 20 workshops in English and French discussing the World Bank’s Ease of Doing Business Report.
- Bilateral meetings brought the Federal Competitiveness and Statistics Authority with high-profile visitors to explore partnership opportunities.
- Participating Ministers were gifted copies of ‘My Story’, the book authored by H.H. Sheikh Mohammed bin Rashid Al Maktoum.
Dubai, December 16, 2019
The third Doing Business Technical Deep Dive has concluded its activities in Dubai, hosted over the course of four days by the Federal Competitiveness and Statistics Authority (FCSA) in coordination with the UAE Ministry of Finance.
The event focused on the Ease of Doing Business Report, published by the World Bank Group. It brought together more than 350 economics experts from over 45 countries in the region and the world, covering Sub-Saharan Africa, the Middle East and North Africa (MENA), and Asia.
FCSA Director General and head of the event’s organising committee His Excellency Abdulla Nasser Lootah delivered a closing speech, saying: “We were delighted to host the World Bank team and all participating delegations, ministers, lawmakers, and economists. The event included panel discussions and in-depth debate, where attendees exchanged expertise and best practices in the ease of doing business sector, strengthening efforts to enhance investment and business environments in participating economies.”
Lootah thanked partners from federal and local government entities in the UAE, as well as the private sector, for their contributions and support for the third High-Profile Doing Business Technical Deep Dive, whether by providing resources and talent, or welcoming participating delegations for field visits to showcase the UAE’s pioneering experience in the ease of doing business sector.
Meanwhile, the World Bank team extended its gratitude for the warm welcome participating delegations received, commending Emirati hospitality and the impeccable organisation of the event over its four days. World Bank officials underlined the importance of these meetings in providing a common platform for dialogue among participating countries – all included in the Ease of Doing Business Report – where they can exchange knowledge, best practices, and success stories in the field.
The sessions and workshops on the event’s agenda witnessed significant turnout from participants in the third High-Profile Doing Business Technical Deep Dive, who attended 20 workshops, prepared and delivered – in English and French – by renowned economists and experts tasked with compiling the World Bank’s Ease of Doing Business Report.
H.E. Lootah lauded the great turnout at the event’s activities, saying that it reflects the quality of the knowledge content it provides. “The workshops were referred to as ‘Technical Clinics’, seeing as their main objective was to remedy the challenges and obstacles facing policymakers in their plans to enhance the work environment in their countries,” he said. “The sessions are organised by World Bank experts in government policy, economics, investment, foreign trade, and mass communication.”
The event discussed the opportunities and challenges facing the drafting and improvement of laws, legislation, and procedures surrounding doing business, as well as the basic stages that all economic establishments go through, from launching operations, to securing construction permits, registering property, getting credit, protecting minority investors and legal rights, paying taxes, cross-border trade, enforcing contract, and handling cases of insolvency.
The organising committee sought to ensure international delegations have an authentic Emirati experience, where groups of Emirati children, dressed in traditional clothing, welcomed them with traditional rose water sprinklers to the tone of Emirati folk music during breaks between sessions. Visitors were also treated to traditional local dishes such as Batheeth, Rangeena, and Arabic coffee, served during authentic Yola and Ayala performances. Organisers presented their visitors with souvenirs inspired by the UAE’s heritage such as wicker baskets made especially for the occasion by members of the Productive Families Programme.
Prominent Visitors Applaud ‘Well Organised’ Event
The third High-Profile Doing Business Technical Deep Dive received extensive praise from renowned international visitors for being well organised, as well as for the warm welcome visitors received, which reflected Emirati values of hospitality and the UAE’s professionalism in organising global knowledge events.
The visiting dignitaries, including several ministers, convened in bilateral meetings with the FCSA team on the side lines of the Deep Dive, held in Dubai this week.
H.E. Pholile Shakantu, Minister of Justice -Eswatini, stated that the third High-Profile Doing Business Technical Deep Dive is particularly important for developing and facilitating business, offering a platform for dialogue and the exchange of creative ideas to utilise the Report and its indexes to improve laws and procedures.
Meanwhile, Senator Manqoba Khumalo, Minister of Commerce, Industry & Trade from Eswatini, applauded the event and the advanced level of communication and interaction among participants, saying that Dubai impressed him with its opulence and generosity.
For his part, HE. Oumarou Alma, Minister – Special Adviser to the President of the Niger Republic, said: “As the third High-Profile Doing Business Technical Deep Dive draws to a close, I cannot help but express my sincere gratitude to the United Arab Emirates, and to the World Bank delegation, for the warm reception and impeccable organisation. The event is a must-attend function and an unparalleled occasion for exchanging expertise, opinions, and best practices for the entities tasked with rolling out economic reforms in Africa and the Middle East.”
“I thank the UAE and the World Bank once again,” H.E. Oumarou added, “and a special thank you goes to H.E. Abdulla Lootah, Director General of the Federal Competitiveness and Statistics Authority, and his team for their constant support and their efforts to organise this event, which has made our stay in Dubai – the city of the future – all the more advantageous.”
The organising team presented visiting dignitaries with copies of ‘My Story’, the book authored by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, Ruler of Dubai.
The UAE ranks among the world’s top 20 economies, and came in 16th place on the annual Ease of Doing Business Report, which tracks 190 countries around the world. The Emirates led the entire Arab region on the ranking for the seventh consecutive year. Furthermore, the UAE ranked among the international top 10 on four of the Report’s 10 categories, ranking first in the world in terms of ease of connecting to the electrical grid; third in terms of ease of securing construction permits; ninth in terms of enforcing contracts; and tenth in terms of ease of registering property.
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The emirate is hosting the event for 4 days, under the patronage of H.H. Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, Minister of Finance.
- The event is organised by the World Bank Group, with the support of the UAE’s Federal Competitiveness and Statistics Authority (FCSA).
- H.E. Hessa Buhumaid, Minister of Community Development: The UAE welcomes the findings of the Doing Business Report with an open mind, implementing them to rank among the top countries in the world on the index.
- H.E. Abdulla Lootah, FCSA Director General: The UAE uses the Report’s findings to launch projects and update legislations and procedures to be in line with reality and pave the way for a better future.
- H.E. Matthew Hawkins, New Zealand’s Ambassador to the UAE: The ease of doing business in the UAE is one of the leading factors that have made it an important business and commercial hub for our country.
Dubai, December 10, 2019
The third high-profile Doing Business Technical Deep Dive kicked off in Dubai today, hosted by the Federal Competitiveness and Statistics Authority (FCSA) in coordination with the Ministry of Finance.
Held under the patronage of His Highness Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, UAE Minister of Finance, the event addresses the World Bank’s Doing Business Report, bringing together a host of renowned policymakers and experts in economics and business to explore opportunities and exchange expertise.
The meeting is scheduled to take place over the course of four days, under the theme ‘Global Aspiration Towards Business Growth and Economic Prosperity”. It brings together more than 350 experts from 45 countries in Sub-Saharan Africa, the Middle East and North Africa (MENA), and Asia. The agenda includes several panel discussions, workshops, lectures, and field trips to explore best practices in government entities around the UAE that have earned high global rankings on the Doing Business Report.
In her opening speech, Her Excellency Hessa bint Essa Buhumaid, Minister of Community Development, said: “The UAE has established partnerships with the World Bank and the International Finance Corporation that have led to a host of successes and accomplishments across various sectors. Our cooperation to support competitiveness is one of our most successful; the UAE believes in the Doing Business Report, welcomes its findings with an open mind, and implements its recommendations to advance through the ranks and assume the top spots among the countries of the world on the index.”
“Our journey with competitiveness has had its fair share of challenges and successes that have propelled the UAE to the top ranks on numerous international competitiveness indexes,” H.E. added. “What the United Arab Emirates accomplished in the past few decades, and what it still plans to accomplish, will serve as a solid foundation upon which we can build a competitive knowledge economy driven by human skills, and capable of materialising the Fourth Industrial Revolution as on-the-ground projects and initiatives that serve to achieve the UAE Centennial 2071 Plan.”
“We are gathered here today to discuss the Doing Business Report, but there are other reports we need to focus on as well,” H.E. Hessa Buhumaid explained, citing the report titled ‘Women, Business, and the Law’ and the Human Capital Index. “With an abundance of reports available, governments now look to technical committees in the World Bank to listen to opinions and suggestions from relevant entities in their respective countries, and accept their feedback with an open mind.”
For his part, His Excellency Abdulla Nasser Lootah, Director General of the FCSA, said: “We take international reports very seriously here in the UAE; we use them to launch projects and update legislations and procedures to be in line with reality and pave the way for a better future. We all have a common goal: to develop a single, unified approach for analysing and understanding the Doing Business Report and its projections for the upcoming years. We are here to exchange expertise and connect with experts and specialists.”
“I have no doubt that the World Bank team will be taking this opportunity to have a closer look at the countries covered by the report, and exploring ways for countries to work together and make the study more credible and pertinent,” H.E. Lootah concluded.
Meanwhile, H.E. Matthew Hawkins, New Zealand’s Ambassador to the UAE, said: “The ease of doing business in the UAE is one of the leading factors that have made it an important business and commercial hub for our country. The UAE’s success is our success; we are delighted to see the momentous leaps it has taken in the past decades on the Ease of Doing Business Report.”
Participants at the Doing Business Technical Deep Dive will explore the opportunities and challenges facing efforts to draft and improve business legislations and procedures, highlighting the various stages economic establishments go through from beginning their operations, to securing construction permits and electricity services, registering trademarks, applying for credit, protecting minority investors, paying taxes, cross-border trade, enforcing contracts, and conflict resolution.
Dubai, UAE, December 8, 2019
The World Bank Group, with the support of the United Arab Emirates Federal Competitiveness and Statistics Authority (FCSA) will host, from December 10 to December 13, 2019 in Dubai, the third Doing Business Technical Deep Dive, a Masterclass and a knowledge sharing platform on the reforms counted by the World Bank Group’s Doing Business report. The event will welcome participants from over 30 countries in Africa, Asia, Europe, the Middle-East and Oceania.
The Technical Deep Dive gathers reform experts and policy makers to discuss the methodology and indicators of the Doing Business report, share best practice on identifying bottlenecks to private sector development and enacting relevant reforms, participate in targeted capacity building and networking sessions and use those interactions to update their country reform action plans.
His Excellency Abdulla Nasser Lootah, Director General of the Federal Competitiveness and Statistics Authority (FCSA), said: “Holding the third Doing Business Technical Deep Dive here in the UAE is a testament to the country’s success in firmly establishing itself as a destination of choice for business and economic leaders, partners, and organizations. It reflects the great confidence our partners at the World Bank and IFC have come to place in the UAE to host meetings of this high caliber. With prominent delegations of decision-makers and accomplished economics and business experts slated to attend, the much-anticipated event marks yet another milestone on the UAE’s journey to achieve the UAE Vision 2021 and implement the Sustainable Development Goals 2030.”
The 2020 Doing Business report, which was launched on October 24, 2019, shows that reform expertise is growing in the Middle-East and Africa regions. Economies in the Middle East and North Africa implemented a record 57 business-friendly reforms and hosted four of the countries that improved the most world-wide in the ease of doing business – Saudi Arabia, Jordan, Bahrain, and Kuwait. Sub-Saharan African countries implemented a total of 73 reforms, with Nigeria and Togo making the list of the global top reforming countries while Mauritius ranked as 13th easiest place to do business in the world.
The UAE ranks 16th globally and is the highest-ranked economy in the Middle-East and North Africa region. The Technical Deep Dive will offer the opportunity to aspiring reformers from across the globe to learn from the UAE’s best practices and share their efforts aimed at narrowing the gap with top reforming economies in the world.
The Doing Business project provides objective measures of business regulations and their enforcement across 190 economies and selected cities at the subnational and regional level. Launched in 2002, it looks at domestic small and medium-size companies and measures the regulations applying to them through their life cycle.
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