Thank God for the Completion and Good Ending

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  In the journey of life, each chapter presents its unique challenges, obstacles, and rewards. There are moments when we find ourselves overwhelmed, questioning whether we will ever reach the finish line. However, just like the narrative arcs of our favorite stories, there’s something deeply satisfying about a well-executed conclusion—one that feels both rewarding and fulfilling. Whether it's a personal goal, a professional project, or even a cherished movie or book, the feeling of completion is something we all strive for. It brings a sense of peace, knowing that despite the ups and downs, there was a purpose behind every step we took. And when the ending is good, it makes all the struggles worthwhile. The Importance of Completion In a world that moves at such a rapid pace, we often rush through tasks and events, focusing on the next big thing before we’ve even processed the current one. Yet, completing something gives us the chance to reflect. We can look back and appreciate the ...

UAE regarded as the best Arab nation for inhabitants' access to economic opportunities: Report

 


When it comes to providing citizens and investors with the most economic prospects, the UAE has been regarded as the best Arab nation overall.

In the list of 128 countries, the World Citizenship Report 2023 ranked the UAE 20th overall and first in the Middle East and Arab area for "Economic Opportunity Rankings," placing it ahead of countries like Iceland, Malaysia, China, Qatar, Italy, Saudi Arabia, South Korea, and Turkey.

Globally, the top five nations that offer the finest economic prospects are Singapore, the US, Hong Kong, the Netherlands, and Japan.

The UAE has made a number of announcements to make doing business easier, including the introduction of a new long-term visa regime, 100% foreign ownership to foreigners, zero income tax, very low corporate income tax, and signing of the Comprehensive Economic Partnership Agreement (CEPA) with a number of nations to facilitate and ease trade with major economies like India, Israel, and others.

According to the 2022 IMD World Competitiveness Ranking, which was published in February, the UAE has the most competitive economy in the Arab World. Additionally, the World Bank and Economist Intelligence Unit also gave the Emirates top marks for their business-friendly climate.

The UAE's economic success has been praised, and Issam Abu Suleiman, director of the Gulf Cooperation Council at the World Bank, anticipates that this rising trend will continue in 2023.

He attributed the government's initiatives to diversify the economy, a business-friendly climate, the convenience of conducting business, and advanced infrastructure for the UAE economy's projected growth.

The UAE and other Gulf nations are the highest-ranked in the region, according to the Economist Intelligence Unit's most recent "Assessing the best countries for doing business" report, and the region's score has improved in recent years in line with rising oil prices and expanding absorptive capacity for new investments. According to the EIU, "Qatar, Saudi Arabia, and the UAE will improve even more in 2023-27."

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