ABSTRACT
Table 7.1, adopted from theWorld Economic Forum’s (WEF) various reports (GCR, 2006-2015),
shows the percentage changes in UAE GCI performanceworldwide. According to the analysis
in Table 7.1, UAE performance has been the best within the MENA region for almost all the
eight years investigated in this study, except in fewparameters. In 2006, UAE is only lower than
Algeria in the third pillar (macro-economic environment); also UAE is ranked 27th worldwide
in 2011, slipping two positions from the 2010 ranking, below Qatar (14th) and Saudi Arabia
(17th). However, according to the recent report from theWEF (2014), UAE is leading the Arab
Region in the GCI, moving up to 12th position in 2014. It is also important to note the recent
successful bid by UAE for Expo 2020, as well as many other national initiatives to enhance
competitiveness.
