We need to invest our way out of our current economic challenges, and making it easier to do business in Egypt wouldn’t hurt. Spending on infrastructure and building a new administrative capital is all good and well, but nothing will push our growth rate except investment, says Al Masry Al Youm chief Abdel Moneim Said. The AMAY boss points to the incoming Trump administration in the US, which is prioritizing improving business conditions to attract investment, despite the US already being ranked eighth worldwide in the Doing Business Index.
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