Issuing building permits from 36 to 28, enforcing contracts from 59 to 51, property registration from 24 to 19, protecting minority investors from 7 to 3, and paying taxes from 78 to 57 | Saudi Arabia was able to make new progress in the year 2020, as it advanced to bitter The country is 24, two places higher than the previous year, among the 63 most competitive countries in the world, despite the economic conditions resulting from the Corona pandemic |
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The Global Competitiveness Report 2020 considers Saudi Arabia to be the only country that has made exceptional progress at the level of the Middle East and the Arabian Gulf, and ranked according to the indicators of the report; It is ranked eighth among the G20 countries | The level of competitiveness, according to the Global Competitiveness Report 2019, the Kingdom ranked first globally in participation with other countries in the macroeconomic stability index, which also included the stability of the inflation rate and debt |
The National Competitiveness Center is a Saudi government center, established in January 2019.
10The Global Competitiveness Report 2020 considers Saudi Arabia to be the only country that has made exceptional progress at the level of the Middle East and the Arab Gulf, as it was ranked according to the indicators of the report; It is ranked eighth among the G20 countries | |
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The report also showed that Saudi Arabia advanced three places in terms of competitiveness for 2018, achieving the largest progress In its ranking 7 years ago, it ranked third in the Arab world and 36 globally, and the Kingdom maintained 17th place in market size, while it advanced to 19th globally in market production, and 37th in the institutions index | The center is organizationally linked to the Council of Economic and Development Affairs |
7 points, which is the highest among the participating countries.
23The National Competitiveness Center is a Saudi government center, established in January 2019 | The level of competitiveness, according to the Global Competitiveness Report 2019, the Kingdom ranked first globally in participation with other countries in the macroeconomic stability index, which also included the stability of the inflation rate and debt |
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