According to the results of 14th edition of “HSBC Expat Explorer” annual report, United Arab Emirates has risen 10 places and ranked the 4th of the world`s best destinations for living and working. Switzerland ranked first, while Australia and New Zealand ranked second and third.
Mr. Abdullfattah Sharaf, executive chairman & head of international services- HSBC Bank in UAE, mentioned that: “ranking UAE as one of the world top 5 destinations for living and working is a source of inspiration and an obvious indicator of the enormous potentials that drive the economy of UAE”, and pointed out that UAE became the world`s best destination for businessmen who want to grow up their business, and this is as a result of the state focus on innovation, infrastructure, quality of life and diversification.
It is noteworthy that these results were drawn from soliciting the views of more than 20000 Emirati citizens. 82% of them predict that UAE would overcome corona crises & become more stable and developed over the next 12 months, while 53% of them expect increased incomes.