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UAE’s economy remains prestigious an hour ago The UAE’s tourism and travel sectors have quickly managed to return to good growth rates. Once again, the UAE has come up trumps where global prestige is concerned. That too not just in one area. The nation has been ranked among the top 20 countries in the world during the year 2020 in five indices related to the competitiveness of the tourism sector in the country according to the Federal Competitiveness and Statistics Centre (FCSC). The country’s achievements in the tourism sector included the indexes in the Travel & Tourism Competitiveness Report issued by the World Economic Forum in addition to the World Competitiveness Yearbook. ....
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UAE’s economy shows remarkable ability to overcome virus impact 11 Mar 2021 The UAE’s top bank reveals that early recovery signs began to emerge in the second half of 2020. In 2020, the UAE’s economy showed a remarkable ability to overcome the impacts of the coronavirus pandemic, with the Central Bank of the UAE revealing that early recovery signs began to emerge in the second half of 2020. The UAE is among the first countries to start this recovery phase, ranking first in the Arab region in the COVID Economic Recovery Index Ranking issued by the Horizon Research Group. In December 2020, the UAE government has received Aa2 rating in creditworthiness - which is the highest sovereign rating in the region - with a stable outlook for the national economy by the international rating agency, Moody’s. This is another testament to the success of the country’s financial and economic vision and policies, and the strength and stability of its ec ....
Emirates News Agency - UAE's economy shows remarkable ability to overcome repercussions of COVID-19 pandemic wam.ae - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wam.ae Daily Mail and Mail on Sunday newspapers.