{"id":47358,"date":"2019-05-31T14:15:52","date_gmt":"2019-05-31T14:15:52","guid":{"rendered":"https:\/\/lovin.co\/neom\/en\/lifestyle\/food\/saudi-arabia-has-improved-the-most-in-the-world-on-the-competitiveness-index\/"},"modified":"2019-05-31T14:15:52","modified_gmt":"2019-05-31T14:15:52","slug":"saudi-arabia-has-improved-the-most-in-the-world-on-the-competitiveness-index","status":"publish","type":"post","link":"https:\/\/lovin.co\/neom\/en\/news\/saudi-arabia-has-improved-the-most-in-the-world-on-the-competitiveness-index\/","title":{"rendered":"Saudi Arabia Improved The Most On The World Competitiveness Index And It’s A Great Sign For Businesses"},"content":{"rendered":"
Over the past couple of years, Saudi Arabia has reformed the way business<\/a> is done in the country. It sort of got a push as many giga-projects like NEOM, Red Sea Project, Riyadh Metro, Knowledge Economic City and Qiddiya are set for completion soon. The country is almost overhauling to make them work.<\/p>\n #Saudi<\/a> Arabia ranked seventh in the #G20<\/a> group; it also achieved high rankings in #IMD<\/a> indicators. pic.twitter.com\/NHkyVa58LA<\/a><\/p>\n \u2014 \u0627\u0644\u0645\u0631\u0643\u0632 \u0627\u0644\u0648\u0637\u0646\u064a \u0644\u0644\u062a\u0646\u0627\u0641\u0633\u064a\u0629 (@KSANCC) May 28, 2019<\/a>\n<\/p><\/blockquote>\n #Saudi<\/a> Arabia has achieved the biggest progress among the most competitive countries in the #IMD<\/a> 2019 report, Ranked 26 out of 63 countries, by jumping 13 ranking in comparison with last year’s report. pic.twitter.com\/t6omqCzsqG<\/a><\/p>\n \u2014 \u0627\u0644\u0645\u0631\u0643\u0632 \u0627\u0644\u0648\u0637\u0646\u064a \u0644\u0644\u062a\u0646\u0627\u0641\u0633\u064a\u0629 (@KSANCC) May 28, 2019<\/a>\n<\/p><\/blockquote>\n Saudi Arabia is reforming its business environment. Here are some major reforms: pic.twitter.com\/rYRzJiJTav<\/a><\/p>\nThe efforts have clearly paid off as Saudi Arabia climbed 13 places on the 2019 IMD World Competitiveness Yearbook.<\/h3>\n
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Saudi Arabia now ranks as the 26th most competitive country in the world.<\/h3>\n
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The study measures competitiveness on four main factors that include economic performance, government efficiency, business efficiency and infrastructure.<\/h3>\n
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