The UAE has made it to the top-5 list of most competitive countries in the world.
That's according to the annual World Competitiveness Ranking 2019 by IMD Business School, which revealed that the emirates jumped 10 spots in just four years.
The report explains that the UAE stands out in areas such as productivity, digital transformations and entrepreneurship.
The nation also ranked in the top 5 in various sub-factors of the report, including tech regulatory frameworks, wireless broadband connectivity and attitudes towards globalisation.
UAE air defences intercept 10 ballistic missiles and 26 drones on Thursday
UAE allows residents with expired residency to re-enter without new visa
UAE and Syrian Presidents stress importance of dialogue, diplomacy
Dubai Health reports 46% rise in kidney transplants
UAE reviews community wellbeing initiatives for Year of Family
UAE's 'Edge of Life' campaign scales up efforts to fight child malnutrition
UAE leaders condole with Sultan of Oman over passing of Sayyid Fahd bin Mahmoud
UAE condemns terrorist attack targeting truck drivers in Mali
