The report said. <The report issued by the Kuwait-China Investment Company and reported yesterday by the Kuwait News Agency: The Gulf countries will maintain this situation between 2014 and 2018, and the supporting factor will be the large investments planned in infrastructure after Dubai won the World Expo 2020 and Qatar to host the World Cup in 2022.
The report said. <The report indicated that the World Expo is expected to attract more than 25 million people around the world, in addition to bringing nearly 23 million dollars in investments to Dubai, while some Gulf countries such as Bahrain and Saudi Arabia did not receive advanced ratings. Qatar ranked 21st out of 82 countries in economic performance and the highest among the Gulf countries, according to the Economist Intelligence Unit's report on the business environment ranking for each country, expecting Qatar to remain in this rank between 2014 and 2018.
The report added that the UAE and the UAE are expected to remain in this ranking between 2014 and 2018. The report added that the UAE ranked 29th in the ranking and is expected to drop a step in the ranking to 30th in the next four years, while Bahrain ranked 33rd and is expected to drop to 35th.
Bahrain's ranking is expected to fall to 35th. The report stated that Kuwait's economy ranked 39th globally and last among the Gulf countries, and although it is still among the top 50 economies, it is expected to decline to 45th in the coming years.
According to the IHS Markit report, Kuwait's economy is ranked 39th globally and last among the Gulf countries. According to the Economist Intelligence Unit report, the top of the rankings were Asian economies such as Hong Kong, which came first, and Singapore in third place, followed by Taiwan and Malaysia, which led the emerging economies.
According to the report. Back to the Gulf countries, the World Bank ranked the UAE 23rd out of 189 countries, among the top 13 percent of the world's economies, thanks to the quality of electricity supply systems, the ease of registering new real estate and other factors that make the UAE economy attractive to investments.
The report noted that the UAE is one of the most attractive economies in the world. <The report indicated that the Saudi economy ranked 26th and Bahrain, Oman and Qatar ranked 46th, 47th and 48th, respectively. The report showed that Kuwait came last in the Gulf and ranked 104th globally despite the fact that investors enjoy tax exemption, indicating that Kuwait received a low rating due to credit restrictions and difficulty in obtaining building permits.
The World Bank report focused on the criteria that facilitate doing business and starting new activities in the country by evaluating the system of obtaining building permits, levels of electricity availability, credit rates and taxes, noting that some Asian countries suffer from geopolitical tensions such as China, Vietnam and Japan.
The report emphasized that some Asian countries suffer from geopolitical tensions such as China, Vietnam and Japan. The report emphasized that Asia in general remains very competitive in terms of the business environment, noting that the Gulf countries generally rank in the middle ranks, as they have a strong financial position that enables them to exploit the opportunities provided by the complementary forces between the Asian and Gulf regions.
