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Trading in financial markets involves significant risk of loss which can exceed deposits and may not be suitable for all investors. Before trading, please ensure that you fully understand the risks involved

Tuesday, February 20, 2018

UAE Economy

by Century Financial in Media

UAE Economy

The UAE Ministry of Economy has achieved the top spot in nine economic indices and global competitiveness reports for 2017 and 2018. These rankings were part of the ministry’s efforts to achieve the UAE government’s “Number One Challenge” i.e. to position UAE at the top of all global competitiveness indices and reports.

According to the World Travel and Tourism Competitiveness report issued by the World Economic Forum in 2017 and 2018, the ministry was ranked first in five tourism indices. The ministry also achieved top three spots in the Global Competitiveness Yearbook, issued by the Institute for Administrative Development, Switzerland, in 2017.

The UAE’s Minister of Economy confirmed that the initial figures for the UAE’s total foreign trade in 2017 will reach Dh1.7 trillion and expects continuous growth in the country’s trade during 2018 and the following years.

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