What was the UAE's ease of doing business rank in 2019?

Get ready for the ESCP Real Estate Consulting Exam. Study with flashcards and multiple choice questions, each question has hints and explanations. Prepare thoroughly for your exam.

The UAE's ease of doing business rank in 2019 was indeed 16. This ranking is significant because it reflects the country's favorable regulatory environment, strong infrastructure, and business-friendly policies that attract foreign investors and promote entrepreneurship. The UAE has continuously sought to improve its business climate by implementing reforms in areas such as business registration, legal framework, and access to credit, contributing to its high ranking. The 16th position highlights the effectiveness of these measures and underscores the UAE's commitment to fostering economic growth and enhancing competitiveness on a global scale.

Other options did not align with the official ranking reported by the World Bank, which placed the UAE at 16 in the 2019 Doing Business Report. This context emphasizes the importance of ongoing improvements in the business environment as a strategic priority for the UAE's economic development.

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