Including Egypt.. Arab countries lead the best markets ready for investment
Saudi Arabia is the most glamorous country in the world for the logistics industry
The "Agility Logistics" Index revealed that 3 Arab countries are at the forefront of emerging countries most ready for investment.
The UAE is in the first place
The UAE maintained its lead in the fourteenth annual edition of the index, with a total score of 9.1 points, in the classification of business basics.
Qatar is in second place
Qatar rose two places to second place, ahead of Malaysia, which ranked fourth, behind Saudi Arabia, which scored 7.86 points.
Saudi Arabia is in third place
Saudi Arabia is one of the most exciting markets for the logistics industry in the world today, supported by heavy government investment.
In 2021, the government pledged to invest 500 billion riyals over the next decade in developing airports, ports, and railways, in accordance with the Kingdom's Vision 2030.
It also launched the "Global Supply Chains" initiative last year with the aim of attracting foreign investments worth $10 billion, to consolidate Saudi Arabia's position as a global platform for supply chains.
Oman and Bahrain
Oman and Bahrain ranked fifth and sixth in the list, ahead of China, which ranks seventh, out of the 50 emerging markets covered by the index.
In the following ranks, up to the 11th place, came the countries of Chile, Jordan, Morocco and Iraq.
Egypt advanced
Egypt also advanced one place from last year, and ranked 18th in the world among 50 emerging markets.