Egypt dropped 6 ranks in The World Bank's Doing Business Report 2018.
The report praised Egypt for passing a legislation in 2016/2017 that increased corporate transparency requirements which increased the shareholders' role in company management. This translated into protection of minority investors in Egypt.
However, one of the points of criticism was the issue of registering property in Egypt as recently it was made more difficult and more costly to verify and ratify a sales contract.
Egypt ranked 103 in starting a business, 66 in dealing with construction permits, 119 in registering property, 90 in getting credit, 81 in protecting minority investors, 167 in paying taxes, 170 in cross-border trading, 160 in enforcing contracts and 115 in resolving insolvency.
The report compares business regulations and ease of starting a business among 190 countries.
You can download the full report below.
The report praised Egypt for passing a legislation in 2016/2017 that increased corporate transparency requirements which increased the shareholders' role in company management. This translated into protection of minority investors in Egypt.
However, one of the points of criticism was the issue of registering property in Egypt as recently it was made more difficult and more costly to verify and ratify a sales contract.
Egypt ranked 103 in starting a business, 66 in dealing with construction permits, 119 in registering property, 90 in getting credit, 81 in protecting minority investors, 167 in paying taxes, 170 in cross-border trading, 160 in enforcing contracts and 115 in resolving insolvency.
The report compares business regulations and ease of starting a business among 190 countries.
You can download the full report below.
