Egypt's recent economic success has largely been propped by foreign direct investment (FDI), and as investor confidence grows with the economy, it attracts even more FDI, creating what can best be described as a snowball effect.
With a staggering (...)
CAIRO: Egypt can continue its impressive economic growth rates of 6-7 percent for the next 10 years, a top financial analyst predicts.
Jean-Paul Betbeze, chief economist and head of economic research at Crédit Agricole, said that Egypt is (...)