Pandemic cannot crimp UAE's progress, says VP

The UAE has been climbing the ladder in most global indexes over the past 50 years, says Mohammed as UAE ranks first in MENA region, ninth globally in IMD’s 2021 World Competitiveness Yearbook.

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DUBAI

For the fifth consecutive year, the UAE leads the Middle East and North Africa (MENA) region in the World Competitiveness Yearbook (WCY) 2021 published by the International Institute for Management Development (IMD) in Lausanne, Switzerland.

The UAE also maintained its overall global position, ranking ninth in the top 10 most competitive countries in the world.

“Today, IMD’s WCY came out, and despite COVID-19 complications, we were ahead globally in 120 indexes, ranking first in 20 developmental indexes. The UAE is among the top 10 most competitive countries and the first globally in terms of government adaptability,” said His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai.

“Instead of slowing down government workflow, the COVID-19 pandemic has actually accelerated the UAE’s development, enhanced its legislation and its responsiveness,” he added.

Sheikh Mohammed continued, “The UAE has been climbing the ladder in most global indexes over the past 50 years.”