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Significant regulatory reforms have taken place in the service sectors of Egypt, Jordan, Lebanon and Morocco over the last decade, but a broad range of restrictions still remain.
The MENA-OECD Investment Programme seeks to mobilise investment—foreign, regional and domestic—as a driving force for growth, stability and prosperity throughout the Middle East and North Africa (MENA) region. This programme is part of the MENA-OECD Initiative on Governance and Investment for Development (www.oecd.org/mena).
This publication highlights key outcomes of the work of the MENA-OECD Investment Programme from 2005-2007, including reforms achieved to date in investment policies and promotion, corporate governance, financial-sector development, and tax policies. It also contains information on the Programme’s activities, highlighting business-climate developments in MENA countries.
The 2008 African Economic Outlook focuses on Technical Skills Development. It also presents a comprehensive analysis of the economic, social and political developments on the continent.
Aid for Trade at a Glance 2007: The OECD Creditor Reporting System (CRS) database is used to track ODA flows from Development Assistance Committee (DAC) member countries.
On 11 July 2007, Egypt became the first Arab and first African country to sign the OECD Declaration on International Investment and Multinational Enterprises. This marks a new stage in Egypt's drive to attract more foreign direct investment (FDI). A series of policy reforms have helped to underpin a fifteen-fold increase in Egypt’s FDI between 2001 and 2006. FDI reached a record USD 9 billion in the first three quarters of its 2007
In July 2007, Egypt became the 40th country to adhere to the OECD Declaration on International Investment and Multinational Enterprises. The adherents to the Declaration commit to providing national treatment to foreign investors and promoting responsible international business conduct. During this process, Egypt undertook a thorough review by OECD members of its international investment policies using the Policy Framework for
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Egypt is a country of over 74 million people, has a per capita income of $1,250 (GNI, Atlas method) in 2005 and occupies a crucial position in the geopolitics of the Middle East. Less than 5 percent of Egypt’s total 1 million sq. km. land area is settled and cultivated.
The 31 countries examined in this sixth edition of the African Economic Outlook account for some 86 per cent of Africa’s population and 91 per cent of itseconomic output.
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EGYPT HAS GREATLY BENEFITED FROM reforms to open up and liberalise its economy in recent years and has quickly become a dynamic market economy, led by the private sector and well integrated into the global economy.