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UAE best in MENA for entrepreneurs

December 2, 2017 at 8:12 am

Dubai’s Emirates Towers and the view on Sheikh Zayed Road [Jackardsiffant/Wikipedia]

The UAE is the best country in the Middle East and North Africa to start a new business, the recently released Global Entrepreneurship Index for 2017 has revealed.

The index, which saw the US take poll position, ranks 137 countries according its overall entrepreneurship attitude and potential.

On a global standing, the UAE came 19th with Qatar coming in at 21st spot and Saudi in 30th.

Mauritania was the worst performing MENA country, with Libya and Iran ranking a little better than it.

Due to the ongoing unrest and lack of bodies which can report on the measured indicators, Iraq, Yemen, Syria and Somalia were not included in this year’s rankings. Sudan was also omitted due to the lack of official marks which the study is based on.

Read: UAE grants $1.9bn in loans and housing support to its citizens