According to the World Bank’s influential ‘Ease of Doing Business’ rankings for 2017, the UAE has been listed as one of the world’s most improved economies ranked in 26th place. The new ranking has placed the UAE ahead of countries including France, the Netherlands and Japan.
As the UAE continues to focus its efforts on becoming a global business destination, the World Bank has identified the UAE as one of the top ten most improved business environments over the past year. Additionally, it comfortably remains the easiest place to do business in the Middle East, with Bahrain, the next-highest ranked economy, coming in at number 63.
The UAE was judged to have shown particular improvement in the field of the protection of minority investors, after new corporate governance rules published by the UAE’s came into force in May, allowing the UAE to rise to the ninth best country in the world for minority investors’ protection.
Links Group would like to congratulate the UAE for its continuous efforts to strengthen its position as a global business hub. Its ongoing economical progression is testament to the leadership’s vision and commitment to accomplishing the national diversification strategy.