Abu Dhabi is ranked 12th globally in Doing Business for 2019, according to the World Bank

29-04-2019 Media in\ Abu Dhabi
The Emirate of Abu Dhabi ranked 12th in the world in Doing Business, according to the World Bank’s Doing Business Report 2019, up 23 places in the rankings compared to the 2016 report in an unprecedented achievement for the emirate.
In its fourth edition of the Abu Dhabi Doing Business series, the World Bank adopted six key themes, including starting a business, issuing building permits, registering property, obtaining electricity, trading across borders and enforcing contracts.
The report comes as a result of joint efforts between Abu Dhabi’s Office of Competitiveness and the Abu Dhabi Department of Economic Development (ADB), Abu Dhabi Department of Urban Planning, Municipalities, Abu Dhabi Municipality, Abu Dhabi Customs Department, Abu Dhabi Ports Company, Abu Dhabi Distribution Company and Abu Dhabi Judicial Department.
The report examines small and medium-sized local businesses in 191 countries around the world and measures government actions applied throughout their lifecycle, based on standard case studies, which provide indicators of government action for business.
The Emirate of Abu Dhabi is the first Arab in the index of starting the business, which the emirate made 36 degrees from its previous ranking. The report confirmed that Abu Dhabi is the least expensive place in the region in terms of building licenses and the start of business, while it is the fastest and least expensive in the region on the level Import and export of cargoes by sea.
The ranking of countries at the starting point of the business is based on four key indicators centered on the premise of establishing and operating a local limited liability company. Abu Dhabi ranked 25th in the business start-up index.
In terms of the “Building Permits” index, Abu Dhabi ranked 15th globally. This indicator includes the steps, duration and cost of complying with warehouse construction requirements and obtaining business authorizations and licenses for starting a new project.
In addition, Abu Dhabi ranked 15th globally in the “Property Registration” Index. The report records the full sequence of necessary procedures when a business buys a property from another business while Abu Dhabi is ranked 19th in the “Access to Electricity” index. Access to electricity and supply to one warehouse.
Abu Dhabi ranked first in the Arab index of cross-border trade. This index measures the time, cost and number of documents needed for export and import. Finally, Abu Dhabi ranked eighth in the world index of “enforcement contracts” while the UAE ranked eighth in the world and the first among the countries of the region.
This indicator measures the efficiency of the judiciary in adjudicating any commercial dispute.
The Doing Business report provides objective measures of business regulations and their enforcement across 191 selected economies and cities beyond the national and regional levels. The project, launched in 2002, looks at small and medium-sized local businesses and measures the systems applied throughout their life cycle.
Both the Doing Business Report and the Cost Appraisal Model are the only standard tools that are used across a wide variety of economies to measure the impact of the regulation process on business activities.
The Doing Business report encourages economies to compete towards greater efficiency and provides measurable standards for reform; it is a source of academics, journalists, private sector researchers and others interested in learning about the latest developments in the business climate of each economy.