Arab World on Way of Responsible Competitiveness

DEAD SEA — The Arab world is making progress towards responsible competitiveness, according to a report released on Saturday at the World Economic Forum on the Middle East, Responsible Competitiveness in the Arab World 2009.

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Published: Sun 17 May 2009, 11:35 PM

Last updated: Sun 5 Apr 2015, 9:46 PM

“Responsible competitiveness is about rewarding companies that address social, environmental and economic problems,” said Queen Rania Al Abdullah of Jordan. “It is about nations prospering when they combine conscience with competitiveness. It is about making sustainable development count in global markets.”

The report was created by AccountAbility, the global, non-profit think tank, and Sustainability Excellence Arabia, the Jordan-based strategy consultancy, with support from the Arab Sustainability Leadership Group.

Responsible Competitiveness in the Arab World provides an assessment of regional performance for 15 Arab nations using a new customised benchmarking. The region offers significant strengths even in the face of the global economic downturn, but major hurdles to responsible competitiveness remain. The Arab world has an average rank of 66th, out of 116 countries.

· business@khaleejtimes.com

Published: Sun 17 May 2009, 11:35 PM

Last updated: Sun 5 Apr 2015, 9:46 PM

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