The Emirates also ranked third globally after China and India, according to Kearney international consulting company.
Kearney's Index is an annual rating to evaluate the markets able to attract the largest amount of investments in the following three years.
This is the first time in the index's 25-year history that an exclusive ranking for emerging markets has been included, to provide business leaders with insights into promising investment directions.
Qatar (4th place) and Saudi Arabia (6th place) also took high positions in Kearney's global ranking.
(The National, March 31, 2023)