: :inin Kyiv (EET)

Egypt GCI ranking of 116th is first improvement since 2011


Egypt’s Global Competitiveness Index (GCI) ranking improved compared to last year to come in at 116 of the 140 countries included in the index’s 2015-2016 report.
In previous GCI rankings, Egypt came in at: 119 out of 144 countries in the 2014-2015 report; 118 out of 148 countries in the 2013-2014 report; and 107 out of 144 countries in the 2012-2013 report.
The latest report added that this is Egypt’s first improvement in ranking since the Arab Spring, and “reflects a more positive assessment of the country’s institutions (87th), in particular higher levels of physical security (up by seven places although still, …read more

Source: Daily News Egypt

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