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UAE maintains rising performance in global competitiveness race in Q1

Gulf Today

|

April 07, 2025

The UAE has maintained its rising performance in the global competitiveness race during the first quarter of 2025 by achieving advanced positions in many relevant international and regional indicators and reports.

UAE maintains rising performance in global competitiveness race in Q1

The achieved results signified the effectiveness and efficiency of the comprehensive development strategy pursued in the UAE, and the leadership of its experience in modern governance work based on efficiency, proactive planning, and readiness to deal with various changes and challenges.

The UAE has been ranked number one globally for the fourth consecutive year by the Global Entrepreneurship Monitor (GEM) report for the year 2024-2025, surpassing many advanced economies. The UAE was also recognised as the world’s best destination for entrepreneurship and small and medium-sized enterprises (SMEs) among 54 economies surveyed in this year’s report.

The UAE ranked first among high-income countries in indicators that support entrepreneurship, based on expert assessments. The country outperformed globally in areas including financing for entrepreneurial projects, ease of fund access, government policies supporting entrepreneurship, government-related tax and bureaucracy policies, government entrepreneurship programs, integration of entrepreneurship in school and high education, research and development transfer, commercial and professional infrastructure, ease of market entry in terms of burdens and regulatory frameworks, as well as social and cultural standards towards entrepreneurship.

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