In the World Bank Doing Business ranking, Egypt climbed one spot from last year’s ranking. The main reason for the advancement is Egypt’s reforms aimed at protecting minority investors. In that category Egypt jumped eighteen places. While the country also gained two spots for ease of trading across borders, it dropped six spots in the ranking for “starting a business” and eight spots in “paying taxes”.
[Ahram Online]
World Bank ranks Algeria among countries having embarked on reform process
In the new World Bank Doing Business report Algeria ranked among the eleven countries of the North Africa and Middle East region having embarked on a reform process to improve their business climate. According ot the report both Algeria and Jordan improved their port facilities through reduction of time spent in the terminals. [
AllAfrica]
World Bank lauds Morocco’s trading across borders progress
The World Bank praised Morocco in its Doing Business report. The country made significant progress in the area of cross-border trading by reducing the number of documents required in the process. The report also said that Morocco carried out nineteen reforms in the past year. [
Marocco World News]
Also of Interest:
Algeria to hold new oil and gas auction within weeks | Arab News
Agriculture: towards the creation of two Algerian-French joint ventures | Ennahar
Egyptians forced to leave Libya want to return due to unemployment | Daily News Egypt
Arab views on governance after the uprisings | The Washington Post
Egypt says no plan to revoke free trade agreement with Turkey | The Cairo Post
Egypt’s bourse continues rally on Wednesday as foreign investors buy | Ahram Online
Iraqi forces advance in new bid to end Baiji refinery siege | Reuters
Iraq: The economic cost of ISIS | BBC
Slumping oil prices save Jordan millions, ‘but not for long’ | The Jordan Times
Foreign Investment flux into Tunisia at its lowest since 2010 | La Presse (French)
