The 2016 Global Entrepreneurship Index

The GCC, the Global Entrepreneurship Index and the conjecture

According to a Washington-based Global Entrepreneurship and Development Institute,  the UAE not only topped a group of 15 MENA countries but came ahead of many global economies, such as Norway, Turkey and even Japan.  It ranked 19^th in the 2016 Global Entrepreneurship Index that determines the readiness of a country in accommodating entrepreneurial projects, through the evaluation of the regulatory, operational, service educational and cultural and social issues of its institutions.

The index was however headed worldwide by the United States, Canada, Australia, Denmark and Sweden in that order.

Among the Gulf countries, Qatar ranked 24^th, Bahrain 29^th, Saudi Arabia 36^th, Oman 38^th and Kuwait 39^th. . .