Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie

IDSC: Egypt Is One of Best Emerging Markets Globally

Wed 08 Mar 2023 | 12:53 PM
Ahmed Emam

The Information and Decision Support Center of the Egyptian cabinet (IDSC) has published a new infographic report that monitors Agility’s view of the Egyptian market as one of the top 50 global emerging markets in the 14th edition of its annual “Agility Emerging Markets Logistics Index 2023”.

The Index aims to measure a set of economic and trade data to classify 50 emerging markets globally through 4 main metrics; Based on a survey of 750 global executives in the logistics industry.

Egypt came 21st globally out of 50 emerging economies, with a score of 5.06, at the level of the main measures of the index; Egypt advanced in 3 out of 4 metrics, in local logistics opportunities.

It also ranked 12th compared to the 14th last year, and ranked 23rd compared to the 26th in 2021 in international logistics opportunities, while in business fundamentals it ranked 18th compared to the 19th.

In IDCS' new infographic report, Agility identified Egypt as one of the best success stories in Africa over the past 10 years. It said that the government’s business-friendly approach has been particularly successful at attracting international investors.