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Thursday, 28 July 2016

Investment Ministry to prepare national report on doing business in governorates

The Investment Ministry is planning to put together a version of the World Bank’s Doing Business report that will include all the governorates as part of the ministry’s initiative to better Egypt’s ranking, GAFI Vice Chairman Mona Zobaa told Al Borsa. The report will be prepared in cooperation with the Local Development Ministry and the International Finance Corporation. Egypt had previously prepared two similar reports in 2008 and 2014 but did not include all the governorates, she added. Egypt’s rank fell in the World Bank’s Doing Business report to 131 out 189 countries in 2016 from 126 last year.

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