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The UAE rose six places in a World Talent Ranking while Brexit was blamed for a decline in the UK s position in the table measuring countries ability to train and recruit top professionals.
The UAE was one place behind in 24th, moving up from 30th a year earlier in one of the biggest improvements in the 2020 rankings.
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It came third out of 63 countries when measured by the skills of its workforce.
This was one of the three main categories in the rankings, along with investment in talent and appeal to overseas recruits.
Authors of the report by the IMD World Competitiveness Centre praised the UAE for the strength of its talent pool.
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Anthony Albanese will position himself as a leader for the future by promising a Labor government would tap into the energy and ideas of young Australians to accelerate the creation of new businesses and jobs.