UAE Falls under the Category of Stable Arab Country
The UAE is the most stable nation in the Arab World in 2019, boosting its rating further this year because of its improvement in its public services, economic sustainability and human capital.
In 2019, the Fragile States Index, announced by Fund for Peace, has ranked the UAE at 149, slight improve from its last year’s ranking of 147. Among the Gulf States, Oman was rated at 133, Kuwait at 130, Bahrain at 113, and Saudi Arabia at 93.
Globally, Finland, Norway, Switzerland and Denmark maintained their ranking as world’s slightest fragile states in 2019 at 178, 177, 176 and 175, respectively.
The nations have been classified into eight segments – very sustainable, sustainable, very stable, more stable, warning, elevated warning, high warning and alert.
The UAE falls under the category of more stable nations, rated higher than Spain, Italy, Greece, Malaysia, Cyprus, India, Russia and China.
Among the sub-indicators, the UAE scored highly on economic sustainability, balanced development, human capital, public services, and strong security apparatus among others.
Arshad Khan, managing director, Wealth Monitor, stated that as the most diverse economy in the Arab World, the UAE has made great progress in all sectors, ranging from education to infrastructure. Khan stated that the nation is actively devoting to the security and stability of the Arabian Gulf as well as the wider Middle East. Over the years, the UAE has built an island of chances through establishing a range of growth sectors like airlines, hospitality, trade, real estate, financial services, construction and logistics.
He added that the UAE government is regularly adopting forward-looking variation to make the environment even more stable and sustainable for the expat population to do well in this nation. With Expo 2020 Dubai, a year away, the current infrastructure with new improvement could be seen resulting in a bigger population calling the UAE as their home.
Among other distinguished nations, India was ranked 74, Pakistan 23, Sri Lanka 46, and Bangladesh at 36.