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.


H.H. Sheikh Mohammed directs tents for 50,000 people facing harsh weather in Gaza
UAE postpones vehicle licensing limit for residents
New pedestrian bridge links Dubai Mall Metro Station and Coca-Cola Arena
High-achieving Union teams honoured at UAE Government Annual Meetings
Al Gergawi: UAE accelerates development with over AED 4 trillion in projects
Abu Dhabi launches lifestyle programme to help citizens get healthier
5 Esaad cards up for grabs in Dubai Police's 5-week traffic contest
Nominations open for Aster Guardians Global Nursing Award
Dubai Police warns against using phones while driving after four-way crash
RTA opens 1,650-metre Al Khaleej Street Tunnel
Sharjah Ruler allocates AED 4.5 million to stock libraries with book fair collection
UAE expresses solidarity with Egypt over train collision
UAE President sends Diwali greetings in special message
UAE National Guard rescues 22 from cargo ship fire in Sea of Oman
Sheikh Abdullah congratulates Venezuelan FM on appointment
UAE President visits an Emirati family at Abu Dhabi home
UAE strongly condemns shooting incident in Poland's Krakow
