Back to the complete issue
Monday, 20 February 2017

Egypt has been ranked 41 out 45 in the US Chambers of Commerce’s International IP Index

Egypt has been ranked 41 out 45 in the US Chambers of Commerce’s International Intellectual Property Index,which measures a country’s respect for IP rights, scoring 9.38, far below the global median of 15.39 and a regional average of 13.73. Egypt scored high in membership in international institutions that call for strengthening IP frameworks (such as the World Trade Organization) and got good marks for making it easy to register IP. We ranked low for our high rate of piracy, gaps in copyright law and framework (particularly with regard to protection of content online), a lack of enforcement, and limited participation in international IP treaties, according to the report (pdf).

On a related note Egypt dropped to a rank of 144 on the Heritage Foundation’s Index of Economic Freedom. The Heritage Foundation ranks Egypt in the “mostly unfree” category, along economies including Pakistan, Burkina Faso, Argentina, China, and Russia. Heritage, the Atlantic reminds us, is a once-respected conservative think tank helped created the policy frameworks for both Ronald Reagan’s Star Wars strategic missile defense (boo) and Bill Clinton’s welfare problem (not bad), but which has since hit the skids.

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.