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UAE Emerges As One Of The Most Trusting Nations In 2025

by THEFUTURE.TEAM

February 21, 2025

The UAE continues to be one of the most trusted countries in the world, according to the 2025 Edelman Trust Barometer. While many nations struggle with declining trust due to misinformation and economic instability, the UAE remains a beacon of confidence, achieving high trust levels in both government and business institutions.

Global Trust Rankings

The report highlights a stark divide in trust levels across the world. Five of the ten largest global economies rank among the least trusting nations, with Japan at 37%, Germany at 41%, the UK at 43%, the U.S. at 47%, and France at 48%. Meanwhile, countries like China (77%), Indonesia (76%), India (75%), and the UAE (72%) continue to lead the Trust Index.

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The UAE was first included in the Edelman Trust Barometer in 2010 and has consistently ranked among the top nations. Citizens view the country’s leadership and institutions as both competent and ethical, reinforcing its stability.

UAE Government: A Global Trust Leader

With 82% trust among respondents, the UAE government is the most trusted institution in the country and one of the highest-ranked globally. This far exceeds the global average of 52%.

Trust in business is also strong, with 76% of UAE respondents believing that businesses act responsibly, compared to the global average of 62%. Additionally, societal trust remains high, with teachers (85%) and citizens (79%) viewed as highly trustworthy.

Trust And Optimism In The UAE

The report links high trust levels to optimism about the future. In the UAE, 60% of respondents believe the next generation will be better off, significantly higher than the global average of 36%.

“The UAE has demonstrated that when institutions act with integrity and competence, trust flourishes. Where trust thrives, optimism overcomes uncertainty, paving the way for a brighter future,” said Omar Qirem, CEO of Edelman Middle East.

Global Trust Crisis And UAE’s Stability

While trust remains strong in the UAE, the global landscape presents a different picture. Widespread concerns over misinformation, inequality, and economic instability have led to declining trust worldwide. According to the report, 63% of individuals find it increasingly difficult to distinguish between credible sources and deceptive information. Additionally, two-thirds believe the wealthy do not contribute their fair share in taxes.

Despite these global challenges, the UAE stands out as a nation where trust in institutions and optimism for the future remain resilient, reinforcing its position as a leader in global stability and confidence.

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Cyprus’ Economic Resilience Affirmed: Fitch Confirms ‘A-‘ Rating Amid Fiscal Strength

by THEFUTURE.TEAM

May 24, 2025

Strong Fiscal Fundamentals and Robust Economic Growth

The international credit ratings agency Fitch has affirmed Cyprus’ long-term rating at A- with a stable outlook. This decision reflects the nation’s strong public finances, a significant reduction in debt levels, and steady economic growth. Officials at the finance ministry welcomed the move, describing it as a robust vote of confidence in the government’s prudent economic policies.

Notable Budget Surpluses and Debt Reduction

Fitch highlights Cyprus’ high primary budget surplus, projected at 4.3% of GDP for 2024, alongside a dramatic drop in public debt from 73.6% of GDP in 2023 to 65.3% by year-end. The surplus soared to 5.6%, marking the highest level in nearly two decades, largely due to rising revenues and disciplined spending. The agency forecasts continuous improvement with debt falling further to 52.6% of GDP in 2026 and potentially nearing 45% by 2030, assuming current trends persist.

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Economic Performance and Labor Market Strength

Cyprus’ economy is projected to grow at 3% for both 2025 and 2026, following a 3.4% expansion in 2024. A robust services sector and a healthy labor market are propelling this growth, with employment rising by 2% in 2024 and unemployment declining to 4.5%, close to record lows.

Market Vulnerabilities and External Challenges

Despite these positive developments, Fitch underscored persistent vulnerabilities, including a high current account deficit — estimated at around 7% of GDP over the coming years. This deficit, among the highest in the EU, is offset by sustained foreign direct investment (FDI) flowing into a diverse range of sectors. Additionally, while Cyprus’ banking system remains stable with a top-tier CET1 ratio of 24.5% and declining non-performing loans, long-term risks persist due to governance issues relative to other A-rated peers and exposure to regional geopolitical tensions.

Outlook and Policy Implications

Although Fitch’s model initially rated Cyprus at A, external risks necessitated a one-notch reduction. Future upgrades will hinge on continued debt reduction and narrowing the external deficit. Conversely, a downturn in public finances or a severe external shock could precipitate a downgrade. The finance ministry stated that the report is a testament to Cyprus’ steady economic trajectory, highlighting the ongoing commitment to responsible fiscal management as essential for bolstering both competitiveness and stability.

In conclusion, the agency’s assessment reinforces Cyprus’ sound economic fundamentals, while also flagging areas that require ongoing vigilance. As the government continues to implement strategic economic reforms, the outlook remains cautiously optimistic amid the broader global economic uncertainties.