There is another safe haven asset you might have missed: During Egypt's devaluation, it wasn't just stocks that were getting more popular for foreign investors. Art was also in their sights as it became cheaper to purchase contemporary Egyptian art. TAM Gallery was one of the platforms that allowed foreign audiences to see what Egypt has to offer. Over time TAM Gallery grew to be a success and its founder, Lina Mowafy, was able to open a physical gallery in Sixth of October City in 2014. TAM sells art first and foremost, but they also sell awareness of what art has the potential to be.
You can listen to the Making it episode with TAM Gallery Founder Lina Mowafy (runtime: 29:21) on: Our Website | Apple Podcast | Google Podcast