Abu Dhabi – (IINA) January 13, 2008 – The United Arab Emirates topped as the most globalized Arab country, and Saudi Arabia comes next to it, according to a recent report by Center for Research in Economics, Management and the Arts (CREMA), an affiliate of Switzerland’s Zurich University. The index, measuring the economic, social and political dimensions and ranging from economic openness to attractiveness, has chosen UAE as the world’s 35th most globalized country, Saudi Arabia (36) and Kuwait (40). A total of 24 sub-indices and criteria refer to the country’s actual economic flows, economic restrictions, attractiveness to foreign direct investments, information flows, quality of telephone and internet services, numbers of foreigners etc.
The world’s most globalized country is Belgium, followed by Austria, Sweden, Switzerland, Denmark, the Netherlands, the United Kingdom, Czech Republic, France, Finland and Germany.