Saudi Arabia ranks second in global investment destination list
Friday, 04 19 2019, Category: Economy, Country: Saudi Arabia
Saudi Arabia has been ranked second in the list of “2019 Best Countries to Invest In”, according to US News report.
The ranking by The Wharton School of the University of Pennsylvania and BAV Group, a unit of global marketing communications company VMLY&R, draws from the results of a global perceptions-based survey and ranks countries based on the highest scores among nearly 7,000 business decision makers.
The list is based on a compilation of eight equally weighted country attributes: corrupt, dynamic, economically stable, entrepreneurial, favorable tax environment, innovative, skilled labor force and technological expertise.
Meanwhile, Saudi Arabia is also ranked ninth in the list of “world’s most powerful countries.” The US, Russia and China take the top three places.