UAE on 7th place in global competitiveness ranking

In the IMD World Competitive Ranking 2024, published by the International Institute for Management Development in Switzerland, the UAE has improved by 3 places and is now ranked 7th overall. The UAE holds 2nd place in Economic Performance, 4th place in Government Efficiency and 10th place in Business Efficiency. Germany has worsened further, dropping from 22nd in the previous year to 24th place in the overall 2024 ranking.

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