UAE 12th most competitive nation in 2014

UAE 12th most competitive nation in 2014

The World Economic Forum (WEF) named the United Arab Emirates the 12th most competitive nation globally for 2014-2015 which has jumped from seven ranks above from previous year. This ranking has been taken place among the countries like Canada, Denmark and South Korea, Middle East and North African (MENA) countries. This rank was given in absence of organized crime globally, absence of government bureaucracy and best infrastructure in the world. The study also indicates that the UAE has made a remarkable progress in 78 sub-indicators during just one year.

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