UK lifts post-Brexit permits for truckers as trade recovers    Russia accuses US, NATO of 'provocative activity' in Black Sea waters and airspace: Ifax    Russia will soon announce resumption of charter flights to Egyptian resorts    Egypt's PM heads to Libya for joint cooperation discussion    Exporters receive EGP 2.4 bn arrears as part of export support programme phase II    Arab League calls for strategic partnership with UN to establish regional stability    Layalina tent offers fancy Ramadan experience at ZED park    Egypt among few MENA economies to see positive growth during 2021– Fitch    CBE issues new regulations for mobile wallet users    'Either you are in, or you are out', FIFA's Infantino warns Super League clubs    Tottenham's sacking of Mourinho before Cup final 'crazy': Rooney    Manchester United greats Beckham, Cantona oppose Super League plans    European democracy can't be achieved in Egypt rapidly: French Ambassador    Photos: Egypt lights up Ramadan with traditional lanterns    Public investment reaches EGP 1.25trn in Egypt's 2021/22 budget: Planning Minister    US West prepares for possible 1st water shortage declaration    Egyptian Medical Syndicate urges quicker vaccination against COVID-19 for medical staff    Egypt security neutralises 3 terrorists involved in executing Christian in North Sinai    Egypt explains its position on GERD to African leaders    World can bring pandemic under control within months: WHO chief    US-Egypt Business Council urges Biden's administration to include Egypt in climate-focused discussions    Egypt studies possibility of locally manufacturing Sputnik V vaccine    Abu Dhabi's G42 forms big data JV with Israeli defence company Rafael    Navalny must receive medical aid, EU tells Russia    Cairo International Film Festival unveils dates for 43rd edition    Rotterdam Film Festival announces June 2021 hybrid programme    Viola Davis named Hasty Pudding's Woman of Year    Valencia Development launches its 1st project at Egypt's NAC    Egypt's FM embarks on African tour to brief states on GERD updates    Ethiopia to commence 2nd Nile dam filling in July as Egypt, Sudan seek UN help    Egypt, Greece discuss bilateral relations, regional issues    In Photos: The dome of Al-Imam Al-Shafei Mosque inaugurated after restoration    Beni Suef diocese first to fully suspend Holy Week prayers over Covid concerns    Old Cairo's Al-Fustat will be revamped on Egyptian President's directives    'No Sweets': For Syrian refugees in Lebanon, a tough Ramadan    British University in Egypt provides wind turbines to generate electricity for Egyptian countryside    Egypt urges dissuading Ethiopia from taking unilateral action on GERD in letter to UNSC    10 emerging writers receive $50,000 Whiting Awards    J.K. Rowling children's story 'The Christmas Pig' out in October    Veteran Egyptian journalist Makram Mohamed Ahmed passes away at 86    Egypt halts traditional amateur football tournaments during Ramadan    Al Ahly get ready for fierce league clash against Zamalek    Fans allowed at opening match of UEFA EURO 2020: Italy    Egypt sees an uptick in new coronavirus infections registers 801 new cases on Saturday    Allianz Egypt partners with IGNITE to equip brand ambassadors for 2021 Olympics    Hassan Allam consortium wins contract to manage, operate Grand Egyptian Museum    Enhanced Labs signs Mr. Olympia 2020 "Big Ramy" And His Trainer Dennis James    Seasoned Egyptian screenwriter Wahid Hamed dies at 76    

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Egypt improves ranking on Heritage Foundation's Index of Economic Freedom
Published in Amwal Al Ghad on 04 - 03 - 2021

Egypt has moved up to 10th in the Arab world and 130th worldwide in the Heritage Foundation's Index of Economic Freedom of 178 countries, the Washington-based think tank said on Thursday.
The title of the world's freest economy for 2021 was retained by Singapore for the second year in a row.
According to the 2021 index published on Thursday, the foundation said Egypt's overall score has increased by 1.7 points, with improvements in 9 of the 12 categories of economic freedom.
It added: "the country improved its economic freedom score this year for the third year in a row. To maintain that momentum, the government should pursue policy reforms to reduce public debt and upgrade institutional performance to strengthen the three rule-of-law indicators: property rights, judicial effectiveness, and government integrity.
"Business freedom has been facilitated by abolition of the mandate to obtain a certificate of non-confusion (of the company name) when starting a business and by improving one-stop-shop efficiency. The electricity supply has become more reliable."
2021 Index of Economic Freedom (Heritage Foundation)

2021 Index of Economic Freedom (Heritage Foundation)

Below are the rankings of Arab countries in the Index of Economic Freedom:
Country Ranking regionally Ranking globally Change
(+ 0.7 ↑)
(- 0.3 ↓)
(+ 3.6 ↑)
Saudi Arabia
(+ 3.6 ↑)
(- 1.4 ↓)
(+ 1.0 ↑)
(+ 0.9 ↑)
(0.0 -)
(+ 0.8 ↑)
(+ 1.7 ↑)
(- 0.3 ↓)
(+ 2.8 ↑)
Iraq Not ranked Not ranked
Libya Not ranked Not ranked
Syria Not ranked Not ranked
Yemen Not ranked Not ranked
Somalia Not ranked Not ranked

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