The UAE has been ranked first in the Arab World in the Global Competitiveness Report for 2019.
The report, which was released at the World Economic Forum in Davos, assesses the landscape of 141 economies around the world.
Globally the emirates was ranked 25th, gaining two positions from the last year.
Sultan bin Saeed Al Mansouri, the UAE's Minister of Economy, said it was a new important milestone ''that would be added to the many landmark achievements made by the UAE".
UAE banking sector continues to operate without disruptions: CBUAE Governor
Banks, financial institutions and insurance companies across the UAE continue to operating normally, without disruptions, confirmed Khaled Mohamed Balama, Governor of the Central Bank of the United Arab Emirates (CBUAE).
All terminals at Jebel Ali port operating normally: DP World
Dubai's DP World has announced that all terminals at Jebel Ali port are operating normally, adding that it is continuously monitoring developments in close coordination with relevant authorities.
ADX, DFM, Nasdaq Dubai to resume trading
Trading and settlement activities on the Abu Dhabi Securities Exchange (ADX) and Dubai Financial Market (DFM) will resume on Wednesday, March 4.
Apple launches new MacBooks with M5 chips, bigger base storage
Apple on Tuesday unveiled updated MacBook Air and MacBook Pro models, featuring its latest M5-series chips and bigger base storage, in a bid to lure buyers in a softening PC market squeezed by rising memory costs.
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