The UAE has jumped three places to become the seventh most competitive economy in the world in 2018.
That's according to a new report by the IMD World Competitiveness Council, which shows the UAE ranked number one in 18 different indicators.
The study also looked at the economies of 63 countries.
Dr Christos Cabolis, Head of Operations for the council, explains why it has taken the seventh position.
The UAE needs to improve on healthcare, education and scientific infrastructure.
Dr Cabolis tells us how it can be achieved.