You can download the report in full here (pdf). Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. South Africa (60), Seychelles (78), Botswana (91) and Namibia (94) are in the top 100 out of 141 countries covered by the report. Adding to that, Dr Ahmed Fikry discussed the importance of what he thought were two main aspects of the labour market. THE GLOBAL TALENT COMPETITIVENESS INDEX 2019 v PREFACE Preface The Global Talent Competitiveness Index (GTCI) report continues to gain in visibility around the world, and today has firmly es-tablished itself as a global benchmark for issues related to talent competitiveness … Egypt ranked 93rd in the Global Competitiveness Index, up from 94th in 2018, and ninth among Arab countries, according to the Global Competitiveness Report for 2019 issued by … 3 THE 2019 EIGHT INTERNATIONAL The Travel and Tourism Competitiveness Report 2019. Designed by Indigo. A given country’s competitiveness indicator is measured out of a figure of 100, with 0 being the worst score and 100 being the best. Global competitiveness is not another term for cheap labour or low taxes. On improving Egypt’s competitiveness, Ismail added that the space for youth and establishing startups needs to be freed up. Egypt ranked 93rd out of 140 countries on the World Economic Forum’s 2019 Global Competitiveness Index, rising one place from last year’s ranking of 94. Almost all pillars dipped in its ranks despite the Philippines maintaining its overall score of 62/100. Tarek Tawfik, Vice Chairman, ECES; Dr. Abla Abdel Latif, Executive Director and Director of Research, … Global. The Global Competitiveness Report (GCR) is a yearly report published by the World … Findings of the Global Investment Competitiveness Report 2019-2020 are based on surveys—a large survey of over 2,400 global business executives in ten large middle-income countries conducted in the second half of 2019 and a smaller “pulse” survey in March and April 2020. Where we’ve improved: Egypt is on a general upward trajectory, with our institutions, infrastructure, labor market, financial system, business dynamism, and innovation capability all receiving higher scores than last year. Business Forward AUC will use the information you provide on this form to be in touch with you and to provide updates and marketing. Global Gender Gap Index, 2019, Travel & Tourism Competitiveness Report, Global Information Technology Report, 2016 (discontinued), The Global Enabling Trade Report, LinkedIn membership by field of study and geography, 2017, LinkedIn membership by field of study, 2017, Skills of LinkedIn members, by age and degree specialization, 2017, The Global Competitiveness Report 2018 (herein: “Report”) presents information and data that were compiled and/or collected by the World Economic Forum (all information and data referred herein as “Data”). The 2018 edition of the Global Competitiveness Report represents a milestone in the four-decade history of the series, with the introduction of the new Global Competitiveness Index 4.0. What explains the increase in remittances during the COVID-19 crisis? In the Business Dynamics sub-indicator of Growth of Innovative Companies, Egypt enjoys a positive ranking of 29 in the world. Global Competitiveness and Covid-19 contact us at +91 124 437 6676 info@competitiveness.in amitkapoor , 26th April 2020 8th May 2020 , Covid 19 , Speaking , 0 The analysis presented in the Global Competitiveness Report 2019 (herein: “Report”) is based on a methodology integrating the latest statistics from international organizations and a survey of executives. Egypt ranked 93rd out of 140 countries on the World Economic Forum’s 2019 Global Competitiveness Index, rising one place from last year’s ranking of 94. Kiangel’s founder and chairman, Dr Khaled Ismail, weighed in with his views on how important the internet and tech sectors are to Egypt’s economy, criticising the report for not showing how much tech start-ups have contributed so far. How will COVID-19 affect innovation investments? Quality Infrastructure. Competitiveness Rank in Egypt averaged 93.46 from 2007 until 2019, reaching an all time high of 119 in 2015 and a record low of 70 in 2010. According to data from the World Economic Forum’s report in 2019, Serbia is ranked 72nd among 141 countries, with a recorded GCI value of 60.9. The Middle East and North Africa (MENA) region significantly improved its T&T competitiveness since the last edition of the TTCI. The second aspect was the workforce falling behind on digital skills, which reflects how the Egyptian economy may be overall falling behind in digitalisation. We are ranked 124, close to the bottom of the 141 participating countries, for the cost of starting a business. We also don’t fare well for trade openness. The Global Competitiveness Report 2019 FREN 09/10/2019. Since Egypt’s GDP per capita and savings rates are low, this doesn’t make the country attractive to investors, she revealed. Contrastingly, Egypt ranked poorly in five of them including Worker’s Rights (104), Income Tax Rates (121), and the Gender Pay Gap (131). Under ICT, Egypt ranked in the bottom 40 in all but one of the sub-indicators, among them the Percentage of the Population That Uses the Internet (98). Other well performed areas were Road Infrastructure (28), Efficiency of Seaport (41) and Air Freight (46) services, as well as Quality of Road Networks (48). Where we haven’t: Egypt’s ranking for macroeconomic stability continues to fall, and both this and ICT adoption are well below the market average. The Global Competitiveness Index 4.0 2019 Rankings 2018 Diff. The World Economic Forum presents its annual report (Global Competitiveness Report 2018) where the WEF experts analyze global, regional, and national economies with the aim of identifying key factors that affect productivity. Ismail said that Schmidt had told him that there was too much focus on traditional and physical infrastructure such as roads and bridges in Egypt. 11 percent of the companies were from the agricultural sector; 33 percent were from the industrial sector; while 56 percent of them were in the service sector. Data for the first nine months of FY19 show that this pickup is driven by net exports, as goods and services exports inched up in tandem with a contraction of oil imports. Is e-commerce witnessing a boom in Egypt? All business sizes were contacted including small, medium-sized, and large corporations. Data, Data. Real GDP growth reached 5.6% in FY19, up from 5.3% in FY18. Tarek Tawfik, Vice Chairman, ECES; Dr. Abla Abdel Latif, Executive Director and Director of Research, … Sector spotlight series [Pt 1]: The garments and home textile industries. Egypt’s score for 2019 was 54.5, a 0.9 increase from it’s score of 53.6 in 2018. COMPETITIVENESS REPORT 2019 Eight Competitiveness Lab. Our daily roundup of economics, business and must-read news, delivered to your inbox Sunday-Thursday before 7am Cairo Local Time (5am GMT). Learn more facts about Global Competitive Report 2019 and India’s rank in Global Competitiveness Index (GCI 4.0). Op-ed: Together we can, through “voluntourism”? Readings for the burden of government regulation and corruption have improved — areas that were faring worse last year than in previous years. Egypt scored 54.54 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. Global Competitiveness Report is published by the World Economic Forum (WEF). It is a global competitiveness gap that is particularly concerning, given the world economy faces the prospect of a downturn. In the Global Competitiveness Report released last week, only Mauritius was ranked 52. However, Egypt’s ranking slipped this year in ICT and Health, falling from 100 to 106 in the former, and from 99 to 103 in the latter. Designed by Indigo. Part 3 - Comments of Discussant (Part 2/2): Eng. Part 3 - Comments of Discussant (Part 2/2): Eng. Egypt’s score for 2019 was 54.5, a 0.9 increase from it’s score of 53.6 in 2018. Taking global rankings in each pillar into account, Egypt’s highest ranking of 23 came in market size, while it’s lowest ranking was its macroeconomic stability at 135 out of 141. Regarding the sub-indicators (which are each ranked globally) within each of the pillars, here are some details of some of the ones that stood out: Under the pillar of Institutions, among the sub-indicators Egypt performed well in were the Government’s Response to Change (23), Management of Shareholders’ Equity (28), Property Rights (34), and Renewable Energy Regulation (32). School of Business American University in Cairo AUC Avenue – P.O. Egypt is the 93 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum. © 2020 Enterprise Ventures LLC. The UAE retains its #1 position globally in 'Macro-Economic Stability' on the World Economic Forum rankings. After the report was presented to the participants and attendees, the prime minister’s economic advisor stressed that improving the rankings isn’t and shouldn’t be the ultimate goal. While the report cites the skill level of the labor market as having improved from last year, we don’t score highly at all for critical thinking in teaching. UAE up 2 ranks. Global Gender Gap Index, 2019, Travel & Tourism Competitiveness Report, Global Information Technology Report, 2016 (discontinued), The Global Enabling Trade Report, LinkedIn membership by field of study and geography, 2017, LinkedIn membership by field of study, 2017, Skills of LinkedIn members, by age and degree specialization, 2017, Egypt is also in the bottom five globally when it comes to Inflation Rate (136), one of the sub-indicators for Macroeconomic Stability. Classification of economies by geographic region is based on that of the United Nations Statistics Division. The Global Competitiveness Report 2019 | xiii. The analysis is done using a new tool for assessing national economic productivity — Global Competitiveness Index 4.0. However, the groupings are slightly … As we noted last year, Egypt has a significantly larger market size than the regional average. By upgrading the skills of Egypt’s workforce, wages would increase and living standards would improve as a result. 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