Egypt climbed six spots to rank 14th in Agility’s 2018 Emerging Markets Logistics Index (pdf), which surveys 500 supply chain executives to assess the performance of 50 emerging markets based on their economic, trade, and social data. The surge came thanks to “bold steps” taken to normalize the economy over the past two years, improvements in the country’s infrastructure, a decline in business costs associated with crime, violence, and terrorism. According to the report, Egypt’s economy is on an upwards trajectory, and the “next step is putting in place a robust regulatory environment and continuing with much-needed structural reforms.”
More from Enterprise
The National Bank of Egypt and Banque Misr just hiked rates on CDs — moves that could see the EGP gain against the USD
NBE and BM both hiked rates on CDs by 125…
Qatar’s Green Sky Capital secures financing for USD 200 mn SAF plant
The facility could add more than 10% to global SAF…
EGX30 erases March losses with 14.2% April surge
The rally piled on roughly EGP 433 bn in market…
Kiwe gets Central Bank green light to launch nationwide
The startup is backed by our friends at EFG Hermes,…