Monday 7 February 2011

What do quieter times in Egypt mean for Arabian investors? « ArabianMoney

While it is always dangerous to call a turning point in a revolution it seems that President Mubarak’s decision to stand down in September has brought the political factions in Egypt to the negotiating table, making a widespread dissolution into chaos before then very unlikely. Indeed, the banks opened yesterday for the first time since the crisis began and people appear to be getting back to business as ususal.

Of course the Arab World will never be the same again. Egypt has always been a trend setter, a bit like California in the USA. The pressure is on the authoritarian regimes of the region to at the very least lighten up and add a semblance of democracy. Over time this could all be very significant, and we can certainly not rule out another show of people power in Egypt if the regime begins to back track.

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