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UAE named top MENA country for doing business

UAE named top MENA country for doing business
Photo Credit: Arabianeye - Reuters

UAE – Mubasher: the United Arab Emirates has maintained its ranking as top MENA country on the World Bank’s ‘Ease of Doing Business’ report for 2016.

Meanwhile, the UAE lost 9 notches to take the 31st position globally.

The UAE also scored in the world's top 10 for obtaining construction permits, connecting to electricity services and registering property.

All GCC states’ rankings witnessed a decline, as Bahrain took the 65th position, while Qatar took the 68 ranking.

Oman lost 4 notches to rank 70th globally. Saudi Arabia fell by 33 notches to rank 82 globally. Kuwait ranked 101 globally.