The United Arab Emirates has made it to the top of countries with stable economies. Such data is provided by US News & World Reports. The UAE took the second place in the rating, the first is Switzerland, the third is Canada.
The Emirates have a high level of GDP, the most competitive economy in the Arab world. The UAE has highly developed trade, easy access to capital, enough skilled labor to implement projects, US News & World Reports notes.
The UAE has a total GDP of AED 1.86 trillion. The country has set a goal to reach a GDP level of AED 3 trillion by 2030. It is going to do this by implementing new strategies to diversify the economy, developing new sectors of the economy. Special attention is paid to the introduction of advanced technologies, support for scientific research, and encouragement of foreign direct investment.
