UAE climbs to 7th rank in global competitiveness and EV sales in UAE (19.06.24)

As per the International Institute for Management Development in Switzerland, the UAE moved up three places, reaching seventh place globally. The UAE is also among the top ten globally in more than 90 key and sub-indicators in the 2024 World Competitiveness Report.

The UAE performed exceptionally across various pillars of the report, ranking 2nd globally in Economic Performance, 4th in Government Efficiency, 10th in Business Efficiency.

Morning Majlis team discuss the report as well as another PwC estimate that 25% of new car sales in the country will be electric vehicles.

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