Saturday, 14 March 2015

Egyptian Chronicles: My Two Cents about Egypt’s big Economic Conference tks @zeinobia

Egyptian Chronicles: My Two Cents about Egypt’s big Economic Conference:



"In the past 48 hours Egyptians have been following carefully that huge big Economic Conference in Sharm El-Sheikh. They have been carefully following the big numbers announced in the media from aids and investments. On Friday Saudi Arabia, Kuwait and UAE announced aids and investments equal to $12.5 billion. In mid Saturday Ahram Arabic News website announced that the value of agreements signed on Saturday between Egypt and other countries and companies reached to $ 48 billion. Now people are speaking about investments and aids equal to $128 billion. Huge big numbers that can change countries upside down if they are true. 




I am not an expert in economy but here I will write about what I think.



People are speaking about how the conference succeeded and how El-Sisi did it and saved Egypt from poverty and bankruptcy. Actually organizing the economic conference was a huge success especially to JWT and the ministry of investment but whether it did succeed or not in saving Egypt from poverty and bankruptcy , well days will only tell especially we are living in a turbulent region that changes upside down every 24 hours if not 48 hours aside from all the economic radical changes in the world. This is besides the fact we are in true transitional time in Egypt.  "



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