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Monday, September 24, 2012

U.S. newspapers: Egypt on the verge of a huge economic boom


Expected U.S. newspapers and British to see Egypt during the coming period economic boom large because of the actions taken by the president, "Mohamed Morsi" and reflected positively on investors who returned them confidence in the strength of the Egyptian economy, and went their concerns about instability and uncertainty experienced by Egypt since the revolution of January 2011 . newspaper said, "The Washington Post" America said that optimism began to prevail Egyptian circles in recent weeks that the country is witnessing volatility and clear which are in the stability, leading to increased consumer and investor confidence, zones and malls in Cairo became noisy and companies say that spending shoppers began over , and the stock market jumped by about 37% since the mystery was wrapping presidential election last June. said that the visit of a technical team from the International Monetary Fund Cairo to negotiate the loans proposed b (U.S. $ 4.8 billion), including officials Sales six representatives dozens of companies U.S. and multinational, beside the intention of State Department officials meeting with Prime Minister Hisham Qandil just days after the United States announced that it would abolish billion dollars of debt owed by Egypt, along with the intention of Qatar Investment $ 18 billion in Egypt over the next five years, all indications Cairo will witness a tremendous economic boom during the coming period.

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