UAE’s Lifeline to Lebanon: 18th Aid Plane Delivers Vital Medical Supplies Amidst Crisis

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  The United Arab Emirates has dispatched its 18th aid aircraft carrying 40 tonnes of essential medical supplies to Lebanon as part of the “UAE Stands with Lebanon” campaign. This ongoing initiative, launched in early October, aims to provide critical food, medical, and shelter supplies to the Lebanese population, who continue to face severe hardships due to ongoing conflict. In close collaboration with international organizations such as the World Health Organization (WHO), the United Nations High Commissioner for Refugees (UNHCR), and the International Federation of Red Cross and Red Crescent Societies (IFRC), UAE humanitarian organizations are playing a pivotal role in delivering life-saving aid to Lebanon’s vulnerable communities. The campaign is a direct response to the directives of UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, with further guidance from His Highness Sheikh Mansour bin Zayed Al Nahyan, UAE Vice President and Deputy Prime Minister, and under the l
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UAE regarded as the best Arab nation for inhabitants' access to economic opportunities: Report

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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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