Back to the complete issue
Tuesday, 26 July 2016

EBRD, EIB and World Bank report on impediments to the private sector in MENA

What’s holding back the private sector in MENA? The European Bank of Reconstruction and Development, the European Investment Bank and the World Bank launched yesterday from Cairo their joint report ‘What’s holding back the private sector in MENA?’ The report is based on their MENA Enterprise Survey, conducted from 2013 to 2014, covering 6,083 firms in the manufacturing and services sector in eight countries: Egypt, Tunisia, Jordan, Lebanon, Morocco, West Bank and Gaza, Yemen and Djibouti. The report highlights four main areas of concern, as identified by the CEOs of the firms surveyed: political instability, corruption, unreliable electrical supply and inadequate access to finance. The report also includes broad policy recommendations to help address some of these concerns, and its chapters cover productivity and the business environment; access to finance; jobs and skills in the formal private sector and competitiveness in the MENA region.

Download the full 146-page report here (pdf), skip ahead to the seven-page executive summary here, and read the two-page section devoted to Egypt here.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of HSBC Egypt (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Mashreq (tax ID: 204-898-862), the MENA region’s leading homegrown personal and digital bank; Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt; Hassan Allam Properties (tax ID:  553-096-567), one of Egypt’s most prominent and leading builders; and Saleh, Barsoum & Abdel Aziz (tax ID: 220-002-827), the leading audit, tax and accounting firm in Egypt.