Cairo – Mubasher: Egypt jumped six places to the 20th position on Agility’s Emerging Markets Logistics Index for 2020 on the back of the country’s economic growth.
“The government successfully implemented a first wave of macroeconomic and structural reforms that addressed many entrenched issues and helped to stabilise the economy, spur growth and lay the groundwork for robust private sector participation in the economy”, according to a report released by research firm Transport Intelligence (Ti) on Monday.
The North African nation leapt 10 spots to the 17th position on the business fundamentals chart, six spots to the 13th on the domestic opportunities index, and five spots to the 23rd on the international opportunities index.
China topped the list as the world’s leading emerging market on the index, followed by India, the UAE, Indonesia, Malaysia, Saudi Arabia, Qatar, Mexico, Thailand, and Turkey.
