Best country for business and establishment of UAE Council for Digital Economy

Best country for business and establishment of UAE Council for Digital Economy

  • AX News
  • Best country for business according to the Global Entrepreneurship Monitor’s 2022 report and establishment of UAE Council for Digital Economy

UAE is recognized as the best country for starting a business according to the Global Entrepreneurship Monitor’s (GEM) 2022 report.

The report studied 50 cities: 2 place – Netherlands 3 place – Finland Key factors:

  • Supporting women entrepreneurs
  • Supporting new businesses

UAE Cabinet approves establishment of UAE Council for Digital Economy.

Goal – double the sector's to the GDP from 9.7% to 19.4% by 2031. The strategy includes:

  • 30+ initiatives and programmes
  • 5 new areas of growth

A framework has also been created to coordinate humanitarian and charitable organizations.

The world’s busiest airport by international traffic

Dubai International (DXB) has retained its crown as the world’s busiest airport by international traffic in 2021 according to the rankings by Airports Council International (ACI) World. 2 place – Istanbul 3 place – Amsterdam DXB recorded 29.1 million international passengers in 2021, up by 12.7% compared with 2020. Sources: Arabian Business, Khaleej Time, Zawya

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