Entrepreneurship in the United Arab Emirates

Abstract

The United Arab Emirates (UAE) has developed a young, vibrant, and innovative economy. The UAE is ranked 11th in the ease of doing business globally according to the 2018 world bank report on the ease of doing business. The UAE is ranked the first in the Arab World in terms of ease of doing business. The UAE has achieved this amazing ranking and is approaching the top 10 global economies in terms of ease of doing business. According to Arab Youth Survey, the UAE was selected as the top country Arab youth wish to live in. The UAE became even more attractive than the USA for Arab youth. The survey explores where young aspiring individuals in the Arab countries would like to live and work. Historically, many young individuals in the Arab region, excluding gulf countries, fancy immigrating and working in the US, Canada, Europe, or Australia. They were aspiring for a better live and better economic conditions. In the recent survey, Dubai and the UAE topped the traditional immigrant attractive countries.