Is the Egyptian market accessible to investors? | ZAWYA MENA Edition – ZAWYA

Is the Egyptian market accessible to investors? | ZAWYA MENA Edition – ZAWYA

Is the Egyptian market accessible to investors? Is the Egyptian market accessible to investors? | ZAWYA MENA Edition HomeArticleIs the Egyptian market accessible to investors? Egypt's performance as an emerging market economy is viewed as the best in the Middle East    The Egyptian Exchange bell is seen at the stock exchange in Cairo, Egypt February 6, 2018. Image used for illustrative purpose.Egypt's performance as an emerging market economy is viewed as the best in the Middle East, according to a 2019 research note by Morgan Stanely, an American multinational investment bank and financial services company."Since 2016 no developing market has pushed tougher fiscal reforms than Egypt,“ the report highlighted. This is one of the reasons why Egypt's stock market is ranked third in the MSCI Emerging Markets Index, which measures equity market performance in global emerging markets. According to the index, Egypt rose by 39% Year on Year (YoY) in 2019, placing the country after Russia and Greece.Moreover, Egypt similarly advanced six places on the World Bank's Doing Business 2020 list, ranking 114th out of 190 countries. This is mainly attributed to the country's regulatory reforms that facilitated doing business in terms of starting a business, getting electricity, protecting