It ranked second globally on the economy index.

The UAE is now among the top 20 countries with the highest ranking in the Knowledge Index Report and has retained its second place globally on the economy index.

The report was released during the annual Knowledge Summit on Wednesday and measures 134 countries and ranks each of their various sectors, such as education, health, economy and technology.

UAE’s ranking in the Knowledge Index moved up from 25 to 19 this year, mainly because of its implementation of artificial intelligence and blockchain technologies.

Switzerland was ranked number one, followed by Sweden, Finland, USA and then Luxembourg.

The world’s first ‘Future of Knowledge: A Foresight Report’ was also launched at the summit, which revealed six countries will become global leaders soon, including the UAE, USA, UK, Finland, Singapore and Brazil.

Source: Khaleej Times