An Oxford economic report indicated the strong performance of the Egyptian economy pointing to a growing stability in the securities market following international fluctuations which have impacted the...

An Oxford economic report indicated the strong performance of the Egyptian economy pointing to a growing stability in the securities market following international fluctuations which have impacted the domestic scene. The report confirmed that analysts and economic experts have not budged regarding their confidence in the market as they indicated the steady flow  in direct foreign investments. The report has outlined reforms by the government to encourage local and foreign investments through cuts in customs and taxes and red tape for a more favorable business environment. Egypt ranks sixth among 12 countries  which have adopted reforms in line with prerequisites set by the World Bank. (source: Al-Ahram)