Economic Rankings

Came across World Bank's ranking on 'Ease of Doing Business' and as I had apprehended the GCC countries ranked far out of the Top positions. The GCC-SA countries rank as follow:

1. Saudi Arabia -- 38
2. Kuwait -- 46
3. Oman -- 55
4. Pakistan -- 74
5. U.A.E -- 77
6. India -- 134

So lets see, if Dubai the heart beat of UAE's economy is 77th on ease of doing business then how is it a economic heaven or an entrepreneurial magnet. The Rankings by World Bank are very comprehensive and formulate ranks based on a diversified set of characteristics which are:

• Starting a business
• Dealing with licenses
• Employing workers
• Registering property
• Getting credit
• Protecting investors
• Paying taxes
• Trading across borders
• Enforcing contracts
• Closing a business

I found this a very educative ranking list with a lot of useful resources and explanations. So let us be educated and share our experiences to make the best choice for our businesses and our future.