The UAE is once again ranked among top 10 countries globally in a number of parameters in the world competitiveness ranking such as government efficiency and economic performance as the country was ranked 12 overall, globally.

IMD, a top-ranked global business school in Switzerland and Singapore, on Wednesday announced its annual world competitiveness ranking. As part of its ranking of 61 economies for 2015, the IMD World Competitiveness Centre looks at several aspects of each country as a place to conduct business.

The USA remains at the top of the overall ranking as a result of its strong business efficiency and financial sector, its innovation drive and the effectiveness of its infrastructure.

The UAE’s overall global competitiveness ranking at 12 is ahead of countries such as Qatar, Ireland, the Netherlands and Malaysia. In the Middle East region, the UAE was ranked top in the overall ranking ahead of Qatar which came close at 13th position in the overall world ranking. Details