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UAE excels in key global competitiveness metrics

UAE excels in key global competitiveness metrics issacjohn@khaleejtimes.com Filed on May 2, 2021 The World Economic Forum ranked the UAE third globally due to its low rates on consumption taxes, and fifth globally in terms of the low impact of taxes on employment incentives. – Wam Recently, the UAE was ranked No.1 overall as the most competitive emerging market in the GCC, according to the annual Agility Emerging Markets Logistics Index. The UAE has excelled in several global competitiveness metrics related to finance and taxes, according to various agencies specialising in assessing competitiveness. The Emirates ranked among the top 10 countries in 28 competitiveness indexes related to finance and taxes, according to a report by the Federal Competitiveness and Statistics Centre (FCSC).

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