|02-03-2015, 02:04 AM||#1|
DHL: UAE is the most connected country in MENA region
The United Arab Emirates is currently the most connected country in the Middle East and North Africa (Mena), according to the world`s leading postal and logistics group DHL.
The UAE jumped six notches in the past two years, now being ranked as the twelfth among 140 countries worldwide. The new ranking has been based on the UAE flows of trade, capital, foreign investments and expats living in the country has recovered significantly from the last financial crisis.
"The UAE is essentially a gateway to the rest of the world and a trade route that has grown immensely over the years. It is becoming one of the world’s busiest logistics hubs and given its location between East and West,” said Frank-Uwe Ungerer, Country Manager, DHL Express UAE.
Millions of investors are looking up to small-and-medium-sized enterprises as a major pillar of economic growth in the UAE, the home of the world’s largest number of SMEs.
SME`s in the UAE have access to a bigger range of financing solutions and services and have the privilege of being in an open accessible commercial environment.
SMEs contribute to nearly 90% of total business inception in the UAE, and little over 60% of non-oil growth, regulators and the SMEs themselves have to find ways to address these gaps in risk exposure.
Such economic enhancement and ranking will only encourage new local and foreign SMEs to open in the UAE.
SMEs are strongly confident to acquire strong customer`s bases in the UAE, with around 30% of these enterprises fully self-assured towards the local economy to reach new customers.
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