Investment Ministry looks to boost non-oil FDI

Nasr tells Bloomberg that boosting non-oil FDI will be priority going forward: Investment Minister Sahar Nasr said the focus of the investment side of the economic reform program would be to spur non-oil investment. In an interview with Bloomberg that aired on Wednesday, Nasr ran down her ministry's agenda of cutting red tape for business and lowering unemployment. In terms of the impact of regional instability, Nasr pointed out that Egypt and Iraq were expected by the IMF to be the drivers for economic growth in MENA. She noted her recent efforts to stimulate development in Sinai to combat terrorism (watch, runtime: 6:46).