Private sector’s success hinges on extensive reforms, improvements

Extensive reforms and improvements to Egypt’s business climate are necessary to allow the private sector to flourish, Nashwa El Houfy writes for El Watan. These improvements extend beyond superficial measures such as public relations campaigns, and are integral to allow legislation encouraging business activity to be effective. El Houfy argues that the state’s bureaucracy and unfavorable business climate are key factors that hinder investment inflows to Egypt.