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Sunday, 22 January 2017

Egypt is world’s 12 riskiest investor market, ranks 73 of 79 on WEF’s IDI

Egypt is the world’s 12th riskiest market on Bloomberg’s Global Risk Briefing for 2016. The Country Risk Score is calculated using indicators for various financial, economic, and political risks measured on a scale of 0-100, with the higher end representing less overall market risk. Egypt’s low score of 11.0 was the result of various factors, including low foreign currency reserves, volatility in the local currency, and high inflation and unemployment rates.

Egypt was also ranked at 73 of 79 on the World Economic Forum (WEF)’s Inclusive Growth and Development Index (IDI) (pdf). “The country struggles with many aspects of inclusive growth,” the report states, arguing that “despite history of entrepreneurship, business and employment creation remain constrained by insufficient finance, poor transport infrastructure, and pervasive corruption,” in addition to poor education outreach.

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.

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