The UAE has secured the top spot in economic stability among 89 countries, as per the latest rankings from US News & World Report. This recognition highlights the UAE’s strong economic policies and transparent governance, putting it ahead of long-time economic leaders like Germany, Canada, and Japan.
The nation’s economic success stems from its low production costs, attractive tax policies, streamlined regulatory processes, and absence of corruption, which collectively foster a favorable business environment. Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Interior, celebrated the achievement on social media, attributing it to the UAE’s commitment to efficiency and transparency in governance.
The rankings, part of the US News Best Countries report developed with the Wharton School and WPP, evaluate countries across various factors, including quality of life and openness for business. This year’s study involved nearly 17,000 respondents from around the world, assessing nations on attributes such as innovation, infrastructure, and business appeal.
