The United Arab Emirates (UAE) is still the region’s top economic force, according to the most recent Arab Economic Competitiveness Index published by the Arab Monetary Fund (AMF).

The seventh edition of the AMF’s Arab Economic Competitiveness Report showcases the UAE’s outstanding performance, which is proof of its ongoing progress in several important areas. These include its robust overall economy, increasingly attractive investment environment, and growing allure.

The analysis also stated that the United Arab Emirates (UAE) topped the Economic Freedom Index (EFI) due to its advanced ranking in all sub-indices, and it ranked first among Arab nations in terms of investment environment and attractiveness. The UAE also topped the Arab countries list in the institutional and good governance domains, scoring highly in the government efficiency and administrative corruption indexes.

The UAE led the infrastructure sector index as well, and ranked second in terms of the share of air travel and shipping in all forms of global transportation.

The research highlights that the United Arab Emirates has achieved the highest ranking in the government financial sector index. It is ranked second in the tax burden index and first in the deficit/surplus to GDP ratio. Strong institutions and advantageous laws enable notable advancements in the finance industry, which bolster the UAE’s economy.

In conclusion, the UAE has achieved remarkable progress in various key sectors and has ensured its economic resilience by staying competitive. The UAE is a role model for the Arab world in terms of its economic diversification, high-quality infrastructure, favorable business environment, and focus on innovation and digital transformation. The UAE has been a regional leader for many years and has shown the way to success for those who seek prosperity.