Guarentee - Arab states seeking to enhance its attractrivenss for foreign investment

by **Ponee** Sun Jan 11, 2015 3:26 pm

Arab Foundation explained to ensure Investment and Export Credit (guarantee) that the Arab countries in the region seeking to speed up the return march enhance its attractiveness for foreign investment in the light of a highly competitive environment. The Foundation indicated in published quarterly to the last update to the World Bank confirms that a number of Arab countries have accelerated the pace of reforms in the performance of the business environment during the last nine years between 2005 and 2014, all of which were applied toward 197 reform facilitated by Doing Business in areas including the establishment of companies, and licenses, enforcing contracts, registering property, getting credit, paying taxes, trading across borders, and the protection of minority investors, and resolving insolvency. According to the organization, according to a press statement obtained by "direct" that as a result of the developments and events and political developments witnessed by the Arab countries since the beginning of 2011 and so far has been marked by the performance of countries in the region heterogeneous and ranged world ranking Arab countries between 22 ranked 188 place globally, where are countries Gulf Cooperation Council in addition to Tunisia, Morocco, Lebanon and Egypt arrangements relatively advanced compared to the rest countries.

As for the changes in the 2015 report, which covers the period between June 1, 2013 and June 30, 2014, it was revealed newsletter for improved arrangement Emirates to ranked 22nd in the world and the first Arab as well as the improvement of the order of Egypt to rank the 112 globally and tenth Arab and stability of the order of Bahrain at the center of the 53 globally and fourth in the Arab world, Libya ranked globally Al188 and 20 Arab, against a decline in the global rankings for the rest of the Arab countries.

The Foundation also pointed out that these reforms are still not commensurate with the size of the required attracted to countries in the region investments, the most important is that the result was different between the clear improvement in the order of some countries and the continuing delays in some countries in the global rankings, both in the general index of the business environment performance or in the ten indicators Sub constituent.

The Foundation recommends published by giving priority to the reform in the region (of reality compared its performance with the Organization for Economic Cooperation and Development OECD) to three main areas to facilitate the establishment of projects and reduce the cost of procedures and the minimum required capital for the establishment of, and access to loans for projects and providing credit information necessary for customers with enhanced strength of legal rights, in addition to facilitating the Bankruptcy Distressed procedures and reducing the cost and its time. http://goo.gl/c9tPxO