print logo

Egypt ranks 14th among world's most attractive emerging markets

Egypt ranked 14th among the world's top attractive and trusted emerging markets for foreign investments, ahead of Turkey, Morocco, South Africa.
25.05.23 | Source: Ahram Online

Kearney is a global management-consulting firm that provides strategic advice to businesses, governments, and institutions and has been operating for nearly 100 years now.

Kearney's 2023 Foreign Direct Investment (FDI) confidence report showed that investors globally are prioritizing factors like the transparency of government regulations, tech capabilities, and tax rates in making investment decisions.

The report highlighted that the global economy is performing better in 2023 than the year before.

"After months of economic projections suggesting a (potentially major) recession might be looming, the outlook was showing signs of improvement in the new year. Inflation was ticking downward, labour markets in key markets appeared to be rebalancing," the report said.

Kearney released data showing that global FDI inflows rose slightly from an estimated $2.07 trillion in 2021 to $2.13 trillion in 2022.
Egypt's steps to attract FDIs