Friday 29 November 2013

Businesses in Egypt optimistic despite political turmoil - FT.com

Businesses in Egypt optimistic despite political turmoil - FT.com:

"Signs of an improvement in business sentiment are emerging in Egypt despite continuing political instability as the military-backed authorities continue their crackdown on Islamists ousted from power in July.
After a disastrous summer for the country’s businesses after the coup that toppled Mohamed Morsi, the elected Islamist president, gloom still overshadows the economy but entrepreneurs in some sectors are now reporting a pick-up in activity and a gradual return of confidence."

'via Blog this'

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