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Egypt's economy grows up rapidly

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A report released by the World Bank said Egypt scored the highest rates of economic growth compared to the Middle East and North Africa countries.

The bank expected Egypt to hit a rate of growth of 6% the highest figure in the area.

The report added Egypt is qualified to lure more foreign investments under its government's privatization program.

"This growth is attributed to the increasing exports besides a tangible boom in tourism by 7%", the report said.

Exports of many international organizations laud Egypt's investment climate, the best in the area, due to the country's political stability besides its warm weather that attract European tourists who are suffering from the winter's bad conditions.

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