Doing Business Report 2011

doing_business_report2011

Doing Business 2011 is the eighth in a series of annual reports published by IFC and the World Bank, investigating the regulations that enhance business activity and those that constrain it. Doing Business presents quantitative indicators on business regulations and the protection of property rights that can be compared across 183 economies.

In the Middle East and North Africa 11 of 18 economies implemented business regulation reforms, 22 in all. Six modernized customs procedures and port infrastructure to facilitate trade and align with international standards. As per the report, The United Arab Emirates streamlined document preparation and reduced the time to trade with the launch of Dubai Customs’ comprehensive new customs system, Mirsal 2. The United Arab Emirates also enhanced access to credit by setting up a legal framework for the operation of the private credit bureau and requiring that financial institutions share credit information.

United Arab Emirates is ranked 40 in the Ease of Doing business and ranked 3 out of 183 economies in Trading Across Borders.

Click on Doing Business 2011 (pdf) to read more.