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Lebanon Ranks 9th In The World Bank and IFC’s Doing Business 2014 Report For Arab Countries

business

Lebanon is way behind countries in the The Gulf Region but is still at the same position from last year. UAE and Saudi Arabia are on top of that list with a considerable margin from Bahrain in 3rd spot.

You can check out the full report [Here].

The report ranks countries based on how they perform in 11 different aspects of the business cycle: the business environment, starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting investors, paying taxes, trading across borders, enforcing contracts, and resolving insolvency.

The region as a whole ranked highest in paying taxes, getting electricity, and registering property, while coming in behind on getting credit. Regionally, the UAE placed first in five different topics: starting a business, paying taxes, registering property, getting electricity, and trading across borders.

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