| Kippreport.com

Global Competitiveness Report

September 9, 2010 3:43 by Sam Potter

Fadi Al Saeed, Head of Equities Middle East at ING Investment Management Middle East, said he agreed that the competitive position of the UAE in the global economic environment was “strong”.
“The cost of setting up and running businesses has declined, the traffic has eased and the regulations for businesses are better than in other countries of the region,” Al Saeed told Gulf News. He also said the pace of innovation and legislative framework was better than other regional countries.
Topping the list for the second year running is Switzerland. From the Gulf region, Qatar grabs 17th, Saudi 21st, Oman and Kuwait are 34th and 35th respectively, and Bahrain is 37th.

Global Competitive Index 2010
(Last year’s positions in brackets)

1. Switzerland (1)
2. Sweden (4)
3. Singapore (3)
4. United States (2)
5. Germany (7)
6. Japan (8)
7. Finland (6)
8. Netherlands (10)
9. Denmark (5)
10. Canada (9)
11. Hong Kong SAR (11)
12. United Kingdom (13)
13. Taiwan, China (12)
14. Norway (14)
15. France (16)
16. Australia (15)
17. Qatar (22)
18. Austria (17)
19. Belgium (18)
20. Luxembourg (21)
21. Saudi Arabia (28)
22. Korea, Rep. (19)
23. New Zealand (20)
24. Israel (27)
25. United Arab Emirates (23)

Pages: 1 2

Tags: competitive countries, Global Competitiveness Report, gulf countries competitive list, gulf countries wef, how competitive are gulf countries, WEF, wef competitive list, wef competitiveness, wef global list, which country is most competitive, World Economic Forum, world economic forum competitiveness, world economic forum global competitiveness report, world economic forum gulf countries