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DATA FOR A BETTER FUTURE
In the presence of H.E. Mohammad Al Gergawi, Minister of Cabinet Affairs, the Federal Competitiveness and Statistics Centre (FCSC) signed a strategic MoU with Presight, a company specialized in artificial intelligence and data analytics. The partnership aims to develop the UAE National Data Statistics Platform and enhance national technical and analytical capabilities.
H.E. Mohammad Abdullah Al Gergawi stated that “this new partnership comes within the framework of the UAE’s comprehensive proactive approach and the leadership’s vision for designing the future, by continuing to harness advanced technologies and artificial intelligence to maximize opportunities, align effectively with rapid transformations, and address emerging challenges.”
He added: “This strategic partnership contributes to strengthening the unification of the UAE’s official statistics and supports the transition towards smart statistics and data-driven decision-making. It also advances the development and integration of the national data ecosystem, provides a unified environment for official statistics across the country, ensures the linkage and integration of economic and social data sources, and enables government entities and decision-makers to access accurate, up-to-date, and real-time data that supports strategic planning and public policy formulation, while enhancing the UAE’s global competitiveness.”
H.E. Maryam bint Ahmed Al Hammadi, Minister of State and Secretary-General of the Cabinet, and General Chief of the Federal Competitiveness and Statistics Centre, said: “This partnership with Presight reflects the leadership’s vision of building a future-ready, data- and AI-driven government. It represents a qualitative leap in the transformation of the government sector towards smart statistics and comprehensive integration with data from all relevant entities. It also strengthens the ability of these entities to make swift decisions supported by accurate, reliable, and real-time data, accelerating the national development journey and reinforcing the country’s readiness for future changes.”
H.E. noted that the partnership will contribute to enhancing integration between federal and local entities, unifying national data sources, activating agile governance frameworks that respond to the challenges of the digital era, and opening new horizons for leveraging data in support of sustainable development.
For his part, H.E. Mansoor Al Mansoori, Vice Chairman of Presight and Chair of the Advisory Board, said: “Our partnership with the Federal Competitiveness and Statistics Centre represents direct support for the UAE Government’s efforts to strengthen the national data ecosystem, stemming from Presight’s firm belief in the importance of data as a fundamental enabler of economic and social policymaking and the transition towards a knowledge-based economy grounded in evidence and intelligent analytics.”
He added that Presight’s advanced technical capabilities in analytics and AI tools will contribute to enhancing the integration of national data and transforming it into actionable insights that support government strategies and drive the national economy towards broader horizons of growth and innovation.
The MoU represents a significant step forward in deploying AI solutions and advanced analytics within a unified national framework. This framework ensures the standardization of statistical methodologies and concepts in line with the highest international standards, while strengthening national data governance and security through hosting on the Federal Network (FedNet).
The partnership reflects the UAE’s commitment to strengthening its national statistical infrastructure, as the platform will support the production of official national statistics, including gross domestic products and balance of payments data. It will also enable government entities to analyze economic and social trends with greater accuracy, optimize resource allocation, improve the quality of government services, and enhance transparency. Furthermore, the platform translates the UAE’s shift from fragmented data systems to a unified national ecosystem based on intelligent analytics, supports the adoption of AI in policymaking and future planning, and reinforces the competitiveness of the national economy, consolidating the UAE’s position globally as a model for smart government.
The partnership underscores the importance of the National Data Statistics Platform as a strategic national asset and a unified foundation for joint statistical work across the country, supporting performance monitoring, impact measurement, and the direction of investments and future strategies, while contributing to the achievement of the objectives of the “We the UAE 2031” Vision.
The insurance sector in the UAE continued its positive performance in 2024, recording a 22% growth in total underwritten insurance premiums, reaching AED 65.1 billion, compared to AED 53.4 billion in 2023, according to data from the Federal Competitiveness and Statistics Centre (FCSC) and the Central Bank of the UAE. Data on the country’s insurance sector indicators for 2024 also showed a notable increase in property and liability insurance premiums, which grew by 26.6% to AED 26.3 billion, compared to AED 20.8 billion in 2023. Health insurance premiums rose by 21% to AED 31.3 billion, compared to AED 25.9 billion in 2023, while personal insurance and wealth creation premiums increased by 12% to AED 7.5 billion, up from AED 6.7 billion in 2023.
Total Number of Insurance Policies
According to 2024 statistics, the total number of insurance policies rose to 17.2 million, compared to 15.6 million in 2023, marking a 10% growth. The highest growth rate was recorded in health insurance policies, which saw a record jump of 60%, increasing to 2.2 million policies from 1.4 million in 2023. Meanwhile, the total number of property and liability insurance policies reached 14.6 million, compared to 13.9 million in 2023, registering a 5% growth. The total number of personal insurance and wealth creation policies stood at 305,900, a slight increase from 302,500 in 2023, reflecting a 1% growth.
Technical Provisions
Total technical provisions that insurance companies are required to maintain to meet their financial obligations across all insurance branches rose by 20.9%, reaching AED 92.2 billion in 2024, compared to AED 76.3 billion in 2023. This increase was driven by a 44.9% rise in property and liability insurance provisions, reaching AED 37.6 billion, a 24.1% increase in health insurance provisions to AED 17.0 billion, and a 2.8% rise in personal insurance and wealth creation provisions to AED 37.7 billion in 2024.
Claims Paid
Regarding claims paid, which represent the total amounts disbursed by insurance companies in the UAE to policyholders and beneficiaries during the year for settling insurance claims, statistics indicated a 32% increase in total claims across all insurance branches for both domestic and foreign companies in 2024, reaching AED 41.6 billion. This total comprised AED 28.9 billion paid by national companies and AED 12.7 billion by foreign companies, compared to AED 31.6 billion in 2023, which included AED 21.8 billion paid by national companies and AED 9.8 billion by foreign companies.
This increase was attributed to an 83% rise in claims paid for property and liability insurance, particularly in fire and motor insurance, a 14% increase in health insurance claims paid, and a 26% rise in claims paid for personal insurance and wealth creation policies.
As for incurred claims, which include the total value of claims paid as well as other costs borne by insurance companies during the year, statistics indicate a 45% increase across all insurance branches for both national and foreign companies in 2024, reaching AED 53.3 billion. This total comprised AED 39.1 billion for national companies and AED 14.2 billion for foreign companies, compared to AED 36.6 billion in 2023, which included AED 25.1 billion for national companies and AED 11.5 billion for foreign companies.Invested Assets
Statistics showed an increase in total invested assets in the UAE insurance sector for both national and foreign companies in 2024, representing the total assets held by insurance companies for investment purposes. The total rose by 10% to AED 84.9 billion, comprising AED 48.6 billion for national companies and AED 36.3 billion for foreign companies, compared to AED 77.1 billion in 2023, which included AED 42.1 billion for national companies and AED 35.0 billion for foreign companies. Investments in securities and debt bonds accounted for the largest share of total invested assets at AED 36.3 billion, followed by cash and deposits at AED 25.0 billion. The remaining value was distributed across other categories of invested assets, including real estate investments, loans, and other assets.
AED 929 billion: Gross Domestic Product (GDP) of the national economy
The Federal Competitiveness and Statistics Centre (FCSC) announced that the UAE’s real Gross Domestic Product (GDP) grew by 4.2 in the first half of 2025, reaching AED 929 billion, compared to the same period in 2024. Meanwhile, the non-oil GDP recorded a growth of 5.7%, amounting to AED 720 billion during the same period. Non-oil activities accounted for 77.5% of the UAE’s real GDP, while oil activities contributed 22.5% in the first half of 2025.
H.E. Abdulla Bin Touq Al Marri, Minister of Economy and Tourism, affirmed that, under the guidance of the UAE’s wise leadership, the country has adopted a proactive approach that keeps pace with economic developments and trends locally, regionally, and globally. This approach is reflected in the development of competitive economic strategies and legislations, enhancing global economic openness, and creating a business-friendly environment that encourages private sector participation in the growth of non-oil sectors. It also includes the localisation of technology and digital transformation across vital and advanced economic sectors, contributing to positioning the UAE as a pioneering model in economic diversification and supporting its future vision to become a global hub for the new economy by the next decade.
He added: “The positive results achieved by the national economy during the first half of 2025, particularly the 5.7% growth in non-oil GDP, reflects the strength and competitiveness of the UAE’s economic performance and the efficiency of the economic policies implemented by the government. It also underscores the continued progress in reducing dependence on oil, promoting national non-oil industries, and advancing the economic objectives of the We the UAE 2031 vision.”For her part, H.E. Hanan Mansour Ahli, Managing Director of the Federal Competitiveness and Statistics Centre, affirmed that the strong performance of the UAE’s GDP during the first half of 2025, reaching AED 929billion, reflects the resilience of the national economy and the continued growth momentum driven by non-oil activities such as trade, manufacturing, and construction. She stated: “The rise in the contribution of non-oil sectors to 77.5% confirms the success of the country’s economic diversification policies and its ability to create a flexible and sustainable productive environment based on knowledge and innovation, in line with the UAE’s vision of developing the economy of the future.”
Fastest-Growing Economic Activities
The financial and insurance activities recorded the highest growth among all economic sectorsduring the first half of this year compared to the same period last year, recording an 8.3% increase. This was followed by the construction sector, which grew by 7.9%, the manufacturing sector by 7.0%, and real estate activities by 6.5%.
In terms of contribution to non-oil GDP during the first half of 2025, the trade sector ranked first, accounting for 16.1%, followed by financial and insurance activities at 14.0%, and manufacturing at 13.8%. The construction sector contributed 11.8%, while real estate activities accounted for 7.8%.It is worth noting that the economies of the Gulf Cooperation Council (GCC) countries recorded growth during the first half of 2025, with the UAE achieving the highest growth rates, supported by the strong performance of its non-oil sectors. This reflects the impact of strategic initiatives and policies aimed at enhancing economic diversification in the UAE and contributes to supporting the collective GCC economic trajectory, promoting balanced progress that strengthens economic stability in the region.
The UAE has achieved tangible progress in the Sustainable Development Goals (SDGs), reaching a 62% achievement rate in accordance with global methodologies. This reflects the UAE’s firm commitment to developing sustainable policies and “its leadership as a global model in the speed of implementation and institutional integration.
This was announced during a meeting of the National Committee on Sustainable Development Goals (SDGs), which discussed ways to strengthen the national data ecosystem supporting development indicators, and highlighted the importance of improving data quality and enhancing integration among government entities as a fundamental pillar in consolidating the UAE’s progress in global indicators.
The Committee reviewed the latest developments related to the preparation of the Third Voluntary National Review (VNR) in 2026, as well as the progress in implementing the National Sustainable Development Data Plan, which aims to enhance data collection mechanisms and improve efficiency in line with international best practices.
The National Committee on SDGs held its meeting chaired by H.E. Abdulla Nasser Lootah, Assistant Minister of Cabinet Affairs for Competitiveness and Experience Exchange and Chairman of the National Committee on SDGs, with the participation of H.E. Aisha Ahmed Yousef, Undersecretary of the Ministry of Community Empowerment; H.E. Dr. Hussein Abdulrahman Al Rand, Assistant Undersecretary for the Public Health Sector at the Ministry of Health and Prevention; H.E. Ahmed Al Nasser, Assistant Undersecretary for Labour Market Policies and Acting Assistant Undersecretary for Labour Market Services at the Ministry of Human Resources and Emiratisation; H.E. Mohammed Abdulqader, Acting Assistant Undersecretary for the Strategy and Policies Sector at the Ministry of Education; H.E. Hanan Mansour Ahli, Managing Director of the Federal Competitiveness and Statistics Centre (FCSC); Lt-Col. Ali Sultan bin Awad Al Nuaimi, Director of the Department of Strategy and the Future at the Ministry of Interior; and Eng. Nawal Al Hanaee, Director of the Future Energy Department at the Ministry of Energy and Infrastructure.
The Committee stressed the priority of investing in building national capacities and developing statistical competencies, in addition to expanding cooperation and partnerships with specialized international organizations in statistical methodologies, to enhance data reliability and accuracy, and to support the national sustainable development ecosystem in the long term.
National Data a Pillar for Achieving the SDGs
H.E. Abdulla Lootah affirmed that the UAE Government focuses on strengthening the integration of government efforts and enhancing the readiness of national data as a fundamental pillar to support initiatives aimed at achieving the SDGs. He noted that this approach enables the National Committee to prepare the 2026 Voluntary National Review accurately and comprehensively, while continuing to expand cooperation and coordination among relevant entities to ensure the achievement of national targets beyond 2030, and to consolidate the UAE’s position as a leading global model in accelerating the implementation of the SDGs and strengthening its international presence.
Integration of Efforts for the Third Voluntary National Review (2026)
The General Secretariat of the National Committee on SDGs reviewed the latest updates on preparations for the Third Voluntary National Review, which the UAE will present to the United Nations in July 2026, following the 2018 and 2022 reviews. Members emphasized the importance of ensuring that the Review reflects national success stories and the UAE’s efforts in accelerating the achievement of global goals, while highlighting pioneering experiences and best practices that can be generalized internationally.
Participants stressed the importance of engaging various national sectors and relevant entities in preparing the Review to ensure the submission of a comprehensive report that reflects achieved progress, challenges and future opportunities. They reviewed the latest initiatives and developments supporting the SDGs across various fields, underscoring the adoption of innovative practices and future solutions to enhance national progress, improve data quality and strengthen the country’s readiness for the Review.
Entities participating in the meeting presented their achievements related to SDG indicators, including the Ministry of Interior, which delivered a detailed briefing on its initiatives; particularly in the areas of community safety, digital transformation and the development of smart services, and the progress achieved in data readiness in relations to the Ministry’s indicators.
Notably, the National Committee on SDGs monitors the implementation of the 2030 Global Agenda, aligns the UAE’s priorities with international goals, and exchanges expertise with partners with partners at the local and global levels.to expand the network of active stakeholders contributing to the implementation of the United Nations Agenda.
The number of air quality monitoring stations operating across the UAE reached 57 in 2024, marking a 46% increase over the past decade, compared to 55 stations in 2023, according to the latest data issued by the Federal Competitiveness and Statistics Centre (FCSC) in collaboration with the Ministry of Climate Change and Environment (MOCCAE) and the National Center of Meteorology (NCM).
Of the total stations, 32 stations (56%) are located within populated areas, ensuring continuous monitoring of air quality in residential communities across the country.
Data from all monitoring stations indicate that the average concentrations of key air pollutants, including carbon monoxide (CO), nitrogen dioxide (NO₂), and sulfur dioxide (SO₂) remained low compared to previous years and within the limits set by the UAE National Air Quality Standards.
Air quality remains a national priority for the UAE, given its direct impact on public health and quality of life. The UAE Government has embedded air quality as a key performance indicator (KPI) under the “We the UAE 2031” Vision and the UAE Centennial 2071 Strategy, both of which aim to promote social wellbeing and a sustainable economy. In addition, air quality is one of the eight core policy priorities within the National Environmental Agenda led by MOCCAE.
According to FCSC data on the geographic distribution of monitoring stations in 2024, Abu Dhabi recorded the highest number with 21 stations (37%), followed by Dubai with 14 stations (25%), Ajman with 7 stations (12%), Fujairah with 6 stations (11%), Ras Al Khaimah with 4 stations (7%), Sharjah with 3 stations (5%), and Umm Al Quwain with 2 stations (3%).
In terms of functional distribution, residential areas account for 56% of all stations to ensure comprehensive coverage of inhabited regions, followed by roadside locations at 23%, industrial and commercial areas at 14%, while the remaining stations are distributed across other locations in the UAE.
Air quality monitoring stations play a vital role in detecting substances released into the atmosphere, directly or indirectly which may alter air composition in ways harmful to human health, living organisms, natural resources, or populated areas. The stations provide accurate daily, monthly, and annual measurements of major air pollutants, including sulfur dioxide, carbon monoxide, nitrogen dioxide, ground-level ozone, and inhalable particulate matter.
The National Committee on Sustainable Development Goals (SDGs), in cooperation with United Arab Emirates University (UAEU), has launched the SDGs Research Program during an event held at the university’s campus in Al Ain. The event was attended by His Excellency Abdulla Nasser Lootah, Assistant Minister of Cabinet Affairs for Competitiveness and Experience Exchange and Chairman of the National Committee on SDGs, and H.E. Prof. Ahmed Al Raeesi, Vice Chancellor of the United Arab Emirates University, along with a number of faculty members and students.
The launch of the program comes as part of the national efforts aimed at strengthening the contribution of higher education institutions to advancing the Sustainable Development Goals and consolidating the role of scientific research in developing practical and innovative solutions that contribute to achieving the 2030 Global Agenda, in line with the UAE’s future vision of building a sustainable, knowledge-based economy.
Abdulla Lootah: Enhancing scientific research is a key tool for development and decision-making
During his address at the event, H.E. Abdulla Nasser Lootah affirmed that the cooperation between the National Committee on SDGs and UAEU represents a national model for integration between government entities and academic institutions. He stressed that the SDGs Research Program embodies, in its objectives and orientations, the UAE’s vision and the focus of its wise leadership on enhancing scientific research as a key tool for development and for supporting decision-making processes. H.E. further reaffirmed the commitment to empowering youth and researchers to become partners in developing practical solutions that advance the achievement of the SDGs.
Lootah added that the program serves as a national platformthat brings together academic thought and government expertise within a distinguished learning and research model that enables the transformation of research output into initiatives and policies that enhance the UAE’s standing in global indicators and support its position as a hub for sustainable knowledge.
Ahmed Al Raeesi: A milestone in the university’s journey towards research leadership
For his part, H.E. Prof. Ahmed Al Raeesi, Vice Chancellor of the United Arab Emirates University, stateden that the launch of this program marks a new milestone in the university’s journey towards research leadership. He said: “At UAEU, we are pleased to be an active part of the national efforts to achieve the SDGs. Our aim today is to empower youth to be effective contributors to shaping the future, and to integrate sustainability thinking into education and scientific research to generate knowledge that provides practical solutions to the challenges of our time, from climate change to sustainable cities and clean energy.”
H.E. added that the program reflects the fruitful partnership between academic institutions and government entities, noting that the UAE has made sustainability a national priority through field action and effective partnerships. The program further strengthens the university’s position as a leading national research institution and an academic partner supporting the country’s journey towards achieving the 2030 Global Agenda.
Development of applied scientific research
The program focuses on encouraging students to develop applied scientific research across multiple fields, including climate, energy, environment, health, education, and economic growth, in addition to enhancing their skills in research, analysis, and the development of sustainable scientific solutions.
It also seeks to activate academic and institutional partnerships within an integrated national ecosystem that supports the transformation of research outputs into practical initiatives contributing to the development of public policies and the achievement of the desired societal impact.
The cooperation between the National Committee and UAEU represents a practical embodiment of SDG 17, which focuses on partnerships for the goals, as efforts are integrated to build a new generation of researchers capable of keeping pace with global challenges and developing qualitative solutions that serve people and the environment. The launch of the program reflects the UAE’s commitment to supporting the education and scientific research ecosystem as a fundamental pillar for achieving comprehensive development, and to strengthening its position as a regional and global hub for knowledge and innovation in sustainability fields.
Majed Al Mesmar: These achievements reflect the UAE’s steady progress towards global leadership.
Hanan Ahli: The results reflect the UAE’s leading position in digital transformation regionally and globally.
The UAE has ranked 9th globally and 1st in the region in the World Digital Competitiveness Report 2025 issued by the International Institute for Management Development (IMD) in Lausanne, Switzerland. The ranking strengthens the UAE’s position among the world’s top 10 digital performers, reaffirming its regional leadership and outperforming several advanced global economies. It also underscores the UAE’s ability to keep pace with rapid technological shifts and to build a fully integrated digital development model driven by innovation, artificial intelligence, and human capital.
His Excellency Eng. Majed Sultan Al Mesmar, Director General of the Telecommunications and Digital Government Regulatory Authority (TDRA) stated that “The UAE ranking 9th globally in the 2025 Digital Competitiveness Report is a testament to the efficiency of its digital ecosystem and the maturity of its technological infrastructure across both government and economic sectors. It further highlights the UAE’s position as a global role model in building a comprehensive, resilient, and secure digital infrastructure capable of accelerating innovation and promoting the UAE’s economic competitiveness.”
“In our view, this is the result of the integrated institutional collaboration between public and private sector entities working together to enhance digital performance and sustain progress. This achievement reflects the UAE’s steadfast path toward global leadership, where digital transformation has become a national way of life; enhancing wellbeing and driving sustainable economic growth,” H.E. added.
Hanan Ahli: Results reflect the UAE’s forward-looking vision
Her Excellency Hanan Ahli, Managing Director of the Federal Competitiveness and Statistics Centre (FCSC), stated that the UAE’s ratings in the World Digital Competitiveness Report highlight the exceptional progress in digital transformation both regionally and globally. “The UAE’s success reflects the effectiveness of national strategies and policies aimed at building a sustainable, knowledge-based economy by empowering national talents, enhancing technical skills, and preparing future generations to thrive in the digital era,” H.E. noted. “These results further strengthen the UAE’s position as a leading global model in digital transformation, fostering a knowledge-driven environment, creatingsustainable opportunities for future generations andbuilding a society grounded in innovation, knowledgeand future sciences,” she added.
Global Leadership in Key Indicators
The UAE ranked 1st globally in key indicators, including internet usage, high-speed connectivity, venture capital availability, public-private partnerships, and digital skills. It also ranked 1st globally in attracting international students and global expertise. In addition, the UAE ranked among the world’s top 5 in 15 indicators and top 10 in 22 indicators, reflecting the depth and inclusiveness of its digital advancement across all sectors.
Sustained Growth in Digital Competitiveness
“The report revealed that the UAE advanced to 9th place globally, up from 18th in the first edition of the report in 2017, marking a consistent upward trajectory in digital competitiveness and highlighting the maturity of its national digital environment and proactive policy framework.”The UAE also maintained its leading regional position, remaining the only country in the Middle East among the global top 10 in digital competitiveness.
Future-Ready and Tech-Driven
According to the report, the UAE ranked 5th globally in Future Readiness, reflecting its high capacity to adopt emerging technologies and develop advanced digital ecosystems. It also ranked 6th globally in the Technology pillar, supported by robust digital infrastructure and extensive investments in advanced technologies and government digital services. In the Knowledge pillar, the UAE ranked 12th globally, underscoring the strength of its education system and national talent development initiatives.
Despite global economic and geopolitical shifts and disruptions to technology supply chains, the report noted that the UAE successfully sustained its digital momentum; reinforcing its reputation as one of the world’s most resilient and innovation-friendly digital economies.
For the first time, the report included data on artificial intelligence patents and private-sector investments in AI, in which the UAE ranked 1st regionally, reflecting the ambitions of its National AI Strategy 2031 and its commitment to a knowledge-driven, innovation-based economy.
These results align with the UAE’s strategic national visions, including the UAE Centennial 2071, the UAE National Artificial Intelligence Strategy 2031, and the Digital Government Strategy, along with key national initiatives such as 1 Million Arab Coders, Advanced Research Laboratories, and National Talent Upskilling Programs.
A Global Model for Digital Transformation
The UAE’s ongoing development reaffirms its position as a world leader in digital transformation and future economy, embodying the wise leadership’s vision to build a competitive, innovation-driven, and knowledge-based national ecosystem that fosters sustainable growth and empowers future-ready generations.
UAE to welcome over 1,500 data experts from around the world in October
Dubai, June 9, 2018
UAE First Regionally and Seventh Globally, According to IMD World Competitiveness Yearbook 20182018
Mohammad Bin Rashid: Our competitiveness journey is an accelerating one, and it only makes us more determined to reach the highest ranks
UAE is number one globally in 23 indicators including “Government Decisions” and “International Talent”
- UAE is the only country in the region to be among the top 10 in the World Competitiveness Yearbook 2018
- UAE maintained its leadership in the region and moved up three ranks from 2017’s position
- UAE moved up 21 positions in 7 years from 2011 till 2018
- Mohammad Bin Rashid: We have the determination, we have the talent, and we have the resources. Being Number One suits our nation
- Mohammad Bin Rashid: UAE’s experience is a regional one that led to a top global rank. An experience of determination and success that is open for all the Arab nations. We will continue in enhancing our business environment, our infrastructure and our resources, because we want a better life for our people and all the residents in the UAE.
Dubai, UAE – 23 May 2018
The United Arab Emirates came in first rank regionally and seventh rank globally in global competitiveness. That is according to the latest edition of the World Competitiveness Yearbook 2018, published by the Swiss based Insatiate of Management Development (IMD) that was unveiled today. According to the report, the UAE out-performed advanced economies such as Sweden, Norway and Canada and has jumped 21 ranks between the years 2011 and 2018.
According to the report, the UAE came first globally in various indicators such as “Government Decisions”, “Public-Private Partnerships”, “Employment” and “International Talent”. The UAE also came second globally in “Business Efficiency” factor, and third globally in “Diversification of Economy”, “City Management” indicators, forth in “Energy infrastructure” and “Development and Application of Technology” indicators.
His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President Prime Minister and Ruler of Dubai stated that the UAE’s experience is a regional one that led to a top global rank. An experience of determination and success that is open for all the Arab nations. We will continue in enhancing our business environment, our infrastructure and our resources, because we want a better life for our people and all the residents in the UAE.
His Highness added that UAE’s competitiveness journey is an accelerating one, and it only makes us more determined to reach the highest ranks, stressing that we will continue in the competitiveness race and we will not settling for anything less than being number one globally. His Highness concluded by saying” We have the determination, we have the talent, and we have the resources. Being Number One suits our nation.
Emirati Leadership
The IMD World Competitiveness Yearbook 2018 is comprised of four key factors, 20 sub factors and 340 indicators that cover all the major areas of a nations competitiveness in social, administrative, business economic topics that also include government efficiency, education and innovation. In the Economic Factor, the UAE moved from fifth globally in 2017, to third globally in 2018. It also retained its fourth global rank in the government efficiency factor.
On an indicator level, UAE held a number of advanced position in various indicators such as International Trade (1st globally), Employment (3rd globally), and International Investment (10th globally). UAE also achieved high ranks in a number of indictors such as first globally in Employment as a percentage of population, 3rd globally in Diversification of Economy, 5th globally and Export Growth and 6th globally in Youth Unemployment (lack of). The UAE also achieved number one in Quality of Air Transportation and Public-Private Partnerships. The UAE also came 2nd globally in Cyber Security, 3rd globally in Management of Cities, Maintenance and Development and 4th globally in Energy Infrastructure and Application and Development of Technology.
Government and Business Environment
In the Government Effeminacy factor, UAE maintained its 4th rank globally as well as achieved the No 1 rank globally in eight indicators, such as “Government Decisions”, “Immigration laws”, 2nd globally in “Adaptability of Government Policy” and “Lack of Bureaucracy”, 3rd in “Ease of Doing Business” and 4th globally in “Labor regulations”.
As for the Business Efficiency, UAE kept its 2nd rank globally and achieved the first rank globally in 7 of its indicators such as “Overall productivity”, “Industrial Disputes (Lack of)”, “Labor force percentage of total population”, “International Experience” and “Attitudes Towards Globalization”. UAE also came 2nd globally in “Entrepreneurship”, “Digital Transformation”, “Changing Market Conditions” and “Agility of Companies”. The UAE achieved 3rd globally in “Opportunities and Threats” and 5th globally in Use of big data and analytics.”
Commenting on this year’s performance, Her Excellency Reem bin Ibrahim Al Hashimy, Minister of State of International Corporation and Chairwoman of the Federal Competitiveness and Statistics Authority, said: “Under the guidance and direction of the UAE wise leadership, which is built on the continued and sustainable investment in human development and national talent, adoption of innovation and the non-stop development and improvement for the UAE economy; UAE has proven the effectiveness of its comprehensive developmental strategy that its government entities is implementing.”
“We wish to congratulate the UAE leadership and people for this great achievement and comment the collaborative efforts of all the local and federal government entities that worked hand in hand, in support of UAE international competitiveness and the progress it made this year,” added Her Excellency.
Malik Radwan Al Madani, Director of Competitiveness Strategy Deferment at the FCSA added that “No single entity alone can enhance competitiveness performance. It is the result of a collaborative effort between all the relevant local and federal government entities, through the commitment in the constant improvement of performance, the launch of impactful programs and initiatives that aim to extend services to businesses and individuals, thus, moving the nation’s competitiveness scale and contributing to the countries journey to become one of the best countries in the world by the year 2021.”
Global Rankings
In an analysis prepared by the Competitiveness Strategy at the FCSA showed that this year’s top 10 position was highlighted by extensive movement between competing economies. Most prominently, was the United States of America taking over Hong Kong as the Number 1 most competitive country. Hong Kong moved to 2nd followed by Singapore which moved up to number 3. The Netherlands captured the 4th place moving ahead of Switzerland that moved back to 5th and Denmark to the 6th place. UAE moved up to 7th place ahead of Norway, 8th, Sweden 9th and Canada 10th.
The IMD World Competitiveness Center, a research group at IMD business school in Switzerland, has published the rankings every year since 1989. This year 63 countries are ranked.
Al Mheiri: Data is key for UAE’s Future Food Security Strategy
Dubai, UAE, 28 February 2018
During her tour of the headquarters of Federal Competitiveness and Statistics Authority (FCSA), H.E. Maryam bint Mohammed Saeed Al Mheiri, Minister of State for Future Food Security underscored the importance of cooperation and identifying areas of collaboration between the two entities. The minister met with FCSA team and was briefed on the authority’s mandate and scope of responsibilities in managing global UAE competitiveness efforts, statistics and data portfolio and the realization of sustainable development goals.
Additionally, FCSA Team presented an overview of statistical indicators related to food security and discussed strategic aspects of statistical work, means of collecting data and making it accessible to stakeholders, particularly joint projects between FCSA and government entities, as well as the private sector.
During the meeting, the minister indicated the importance of collaboration with FCSA on the Minister’s initiatives and future projects, as well as FCSA’s role in supporting such programs through FCSA’s expertise in both statistics and competitiveness.
H.E. Al Mheiri said that she looks forward to further cooperation and future joint projects with the FCSA, specifically taking advantage of the entity’s expertise in the field of researches and knowledge products to support UAE’s Future Food Security portfolio.
H.E. Abdullah Nasser Lootah, FCSA Director General, said: “FCSA is keen to support federal and local government authorities in the field of statistics, data and global competitiveness ranking. FCSA’s expertise and competencies are all set to be at the disposal of H.E. the Minister and her team with the aim to achieve the desired goals and support UAE’s strategy to achieve food security,” he emphasized.
Following the meeting, Al Mheiri was taken on a tour of FCSA office and was briefed on the services and facilities highlighting the distinctive architectural design of FCSA headquarters and its impact on employees, inducing a creative work environment that stimulates productivity and innovation.
Dubai, 23 May 2019
In commemoration of Zayed Humanitarian Day, which falls on the 19th day of Ramadan every year, the Federal Competitiveness and Statistics Authority observed this day and noble initiative by serving 4000 healthy food parcels to labors at their work places in Dubai.
All FCSA’s staff participated in preparing food parcels comprising of a fresh meal, free from any processed or preserved ingredients to express their gratitude to laborers for their ongoing efforts in support of the UAE’s progress and development.
Abdullah Lootah, Director-General of FCSA, availed the occasion to express admiration of accentuate FCSA’s commitment to contributing on the Zayed Humanitarian Work Day in honor of late Sheikh Zayed bin Sultan Al Nahyan’s (may God have mercy upon him)philosophy on humanitarian action. “Our founding father late Sheikh Zayed bin Sultan Al Nahyan, may Allah rest his soul in peace, devised a crystal-clear approach for humanitarian work and we are definitely following his steps and honoring such a noble ongoing initiative to show appreciation and respect to our fellow human beings.”
H.E. Reem bint Ibrahim Al Hashimy:
- Happiness is the guiding gauge for sustainable development.
H.E. Ohood bint Khalfan Al Roumi:
- The ‘SDGs In Action’ forum reaffirms that happiness as key to the success of sustainable development.
Dubai, February 5, 2018
The National Committee on Sustainable Development Goals has included happiness and positivity on the agenda for the upcoming “SDGs In Action 2018” forum, set to take place on February 10, on the sidelines of the World Government Summit in Dubai.
The new addition sheds light on the role of happiness and positivity in achieving the objectives of the 2030 Agenda for Sustainable Development in the region and the world. Representatives from the National Happiness and Positivity Programme are set to take part in some of the Forum’s sessions, in order to showcase the UAE’s experience, vision and strategies for spreading happiness among members of the community, and highlight the pragmatic steps taken to implement these goals.
Her Excellency Reem bint Ibrahim Al Hashimy, Minister of State for International Cooperation, Chairwoman of the Federal Competitiveness and Statistics Authority (FCSA) and Chairwoman of the National Committee on Sustainable Development Goals, said: “Happiness and positivity are key to sustainable development in the UAE. Our country’s consistent high ranking on international happiness indices is a testament to the validity and success of our government’s policies, initiatives and services, all of which seek, first and foremost, to guarantee the wellbeing and happiness of the community. These efforts have catalysed growth in several key sectors in the UAE, boosting the country’s international competitiveness.”
“The inclusion of happiness in the Forum’s agenda adheres to the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, Ruler of Dubai, to embrace happiness as a way of life. It is an opportunity to highlight the visions and strategies adopted by the government to ensure that happiness is treated as a means to achieve sustainable development,” H.E. Al Hashimy added.
For her part, H.E. Ohood bint Khalfan Al Roumi, Minister of State for Happiness and Wellbeing, Director General of the Prime Minister’s Office at the Ministry of Cabinet Affairs and the Future, said: “The accelerated pace of development and prosperity in the UAE is a reflection of the legacy that our Founding Father, H.H. the late Sheikh Zayed bin Sultan Al Nahyan, had established for us to keep moving forward, realise the vision and aspirations of our wise leadership, and implement plans and strategies to promote the happiness and wellbeing of our people. This vision closely resonates with the United Nations’ 2030 Agenda for Sustainable Development, which seeks to make the world a better place. The UAE was one of the first nations to support this Agenda and synchronise it with our national priorities.”
“The ‘SDGs In Action 2018’ forum is an important milestone in the quest to establish the happiness of individuals as a key ingredient in the success of sustainable development efforts,” H.E. Al Roumi continued. “We are committed to building strategic partnerships and bridges of cooperation and communication with all entities involved in implementing the 2030 Agenda in the UAE, which would allow us to develop, apply and harmonise government plans, programmes and policies to support sustainable development and spread happiness.”
The forum is set to bring together 300 officials and decision makers from the government, the private sector and academic institutions from the UAE and abroad, to discuss a set of plans, strategies and initiatives aimed at achieving sustainable development in the UAE and the world. Participants will also explore the challenges inhibiting growth, and the UAE’s pioneering experience and impressive developmental track record, which has caught the world’s attention.
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