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
