Al-Kharafi: Egypt Is The Best Arab Country Attracts Investments

Jassem Al-Kharafi, the former Chairman of the Kuwaiti National Assembly, said Egypt is the best Arab country in attracting investments so it should work towards its interest by restoring stability and security to reassure the investors who seek to invest in Egypt.

Jassem Al-Kharafi has released these statements on the sidelines of his participation in the Tunisian Embassy’s celebrations of the National Holiday yesterday.

It is worth mentioning that Egypt is witnessing a state of instability and political turmoil at the present time. For these reasons, some foreign investments decided to exit the Egyptian market, fearing of their capitals in Egypt. The political instability has started since the Egyptian President, Dr Mohamed Morsi, issued a constitutional declaration in November 2012, resulted in dividing the country and increasing the polarization. And then, the incidents developed synchronizing with celebrating the anniversary of 25th January Revolution in 2013.