Political reforms are necessary to attract investment in Egypt

Political reforms are part and parcel of the policies aimed at improving Egypt’s investment climate, Ahmed Galal writes for Al Masry Al Youm. While it’s well-known that investors look for profit and ease of doing business in a country, Galal points out that regulatory credibility and government trustworthiness also play a role in determining investors’ choice of target countries. He stresses that a little bit of political reform is necessary to complement the country’s economic reform program and help Egypt to attract more FDI.