The UAE has come out top in the new Arab Responsible Competitiveness Index, Emirates Business has learnt.
The benchmark index, compiled by non-profit think-tank AccountAbility, surveyed 15 Arab countries and measured business responsibility and the public sector support in place to support sustainable growth in various nations.
Results from the index were correlated against major competitiveness indices such as those produced by the World Economic Forum and the World Bank and the group revealed a strong correlation between policies governing responsibility and the voracity of business competition in each country.
And in news that may encourage firms to buy up commercial property in Dubai, the index identified the UAE, Saudi Arabia and Bahrain as leading actors in the sphere of commercial policy reform and regulation.
The UAE scored a total of 64.3 and was lauded for having the highest number of sustainable commercial and residential property projects in the region.