UAE is most globalised Arab country

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Posted: 2008-01-14 14:00:18+05:30 IST
Updated: Jan 14, 2008 at 1415 hrs IST

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United Arab Emirates is the most globalised Arab country followed by Saudi Arabia and Kuwait, according to a recent report by Centre for Research in Economics, Management and the Arts (Crema), an affiliate of Switzerland's Zurich University.

According to the index measuring the economic, social and political dimensions and ranging from economic openness to attractiveness, UAE is the world's 35th most globalised country, Saudi Arabia 36th and Kuwait 40th.

A total of 24 sub-indices and criteria refer to the country's actual economic flows, economic restrictions, attractiveness to foreign direct investments, information flows, quality of telephone and internet services, numbers of foreigners and the like.

The world's most globalised country is Belgium, followed by Austria, Sweden, Switzerland, Denmark, the Netherlands and the United Kingdom, according to the report.

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UAE is most globalised Arab country

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