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Investment in Egypt expected to benefit from international troubles
Egypt, Economics, 9/5/1998
Experts on investment in Egypt expected that the bank note market in Egypt will benefit from international economic crises.
Economy and finance experts stated that Egypt's success in maintaining its current economic growth averages is sufficient to make it a secure shelter for investors due to its ability to provide stable interest.
Experts added that the positive developments in the Egyptian economy pushed companies that assess investments to raise their evaluations to the Egyptian economy from stable to positive.
Experts also confirmed that the political crises in Russia and southeast Asia would push investors toward the Egyptian market.
Previous Stories:
China agrees to participate in Egyptian free zone, exports to US up 15 percent
(9/3/1998)
India's ambassador in Cairo notes investment opportunities with Egypt
(9/3/1998)
84 tourist projects worth LE 5 billion in Sinai
(8/28/1998)
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