Egypt becomes focus of world’s attention

Egypt has become the focus of world attention and is a promising market for any investor, according to Mohamed El-Etreby, Chairman of Banque Misr. He added that the rates of revenues for investing in Egypt are some of the highest rates in the world.

In an exclusive interview with Daily News Egypt, El-Etreby said the government took bold reforming procedures in the last period that impacted improving the state’s credit rating. Moreover, the government sought to merge the unofficial economy into the official one, which will positively impact the country and its revenues.

El-Etreby recommended that all Egyptian citizens should work hard, stay away from demonstrations and factional demands, and focus on production. He also stressed the importance of ending all disputes between foreign investors and the state, while maintaining the rights of both parties.

El-Etreby asserted that the banking sector is very strong, and ready with the adequate liquidity to fund all projects.