Egypt is the 42nd best country in the world for business?

Egypt was ranked as the 42nd best country in the world in US News and World report’s 2018 ranking of 80 nations. Egypt’s rank was largely dependant on its economic improvement rather than its social and political standing in the report. It’s best overall score was in the “Movers” category, which measures economic growth, ranking 7th worldwide. Yet, somehow, its “Open for Business” ranking was 73rd globally, with the country getting low scores for government transparency and tax practices. Egypt ranked 56th globally on the “Entrepreneurship” front. The report was created in partnership with global marketing communications company Y&R's brand strategy firm, BAV Group, and the Wharton School. Its survey asked more than 21,000 people from four regions to associate 80 countries with specific characteristics.