Business healthy ecosystem study offers high ranking for Kingdom

Bahrain’s healthy business ecosystem has received a high ranking in a recently released study. Compiled by the International Finance Corporation (IFC), the World Economic Forum and the World Bank.

The study ranked Bahrain as the fourth best in the Middle East region. This is according to Arab Competitiveness Report 2018, which analysed countries based on components such as startups’ skills, technology use, cultural support, risk acceptance, innovation and human capital.

Apart from the Arab Competitiveness Report, Global Competitiveness Report was also released which ranked Bahrain 44th. In the Arab region, the UAE was ranked first (17th world wide), while Qatar came second (25th globally) followed by Saudi Arabia (30th globally) and Oman (62nd globally).