Sultanate third in ‘Resilience Index’

CAIRO: Oman stood third in the Arab world, after Qatar and the United Arab Emirates (UAE), on Resilience Index 2015 issued by FM Global Insurance and Risk Protection Provider, based in American city of Johnston and published on its website.

The Sultanate ranked 35 globally and secured 61.8 points. Oman ranked 51 globally on economy sub-index and 15 globally in risk quality sub-index, and 46 in supply chain sub-index. The index is based on several considerations, including per capita of gross domestic product, political risks, vulnerability to natural disasters, quality of disaster management, control of corruption, quality of infrastructure and quality of the local supply.

The 2015 FM Global Resilience Index has been topped by Norway for being the country best suited for companies seeking to avoid disruptions in their global supply chain operations. The index provides an annual ranking of 130 countries and territories according to their business resilience to supply chain disruption.

SOURCE: OMAN DAILY OBSERVER

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