Egypt’s equities have been a “performance standout” over the past year

Egypt’s equities “have been a performance standout” over the past year as economic reforms have begun to take hold, “breathing life into an economy that had been stymied by the after-effects of revolution,” says Seeking Alpha. Whereas the broad emerging markets index has an average return of 22%, Egyptian equities’ return stand at nearly 53%. This strong performance comes on the back of several landmark reforms, including the November 2016 EGP float and the passing of the Investment Act, both of which have placed Egyptian equities on an upwards trajectory.