To cover Egypt in my Around the World project, I picked up the second book in the Naguib Mahfouz Cairo Trilogy. I read the first one, Palace Walk, seemingly a million years ago. It may take me another million years to get to the third, but I hope not because the first two were really… [Read More]
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Tag: Egypt
Egypt: “The Yacoubian Building” by Alaa Al Aswany
The situation in Egypt is moving far too quickly for me to give you a solid investment recommendation. I doubt anyone could right now; this country is a gamble. Egypt has an educated population and a diversified economy, but the economy has not been growing and it does not have oil. This has greatly contributed… [Read More]
Emerging Markets Update: Egypt
Egypt has always been a frustrating market for emerging markets investors. With 80 million people and a tradition of education, it is larger and more established than most nations in the Middle East and Africa. Investors have long had the expectation that Egypt would be the Next Big Thing. The country has been independent of… [Read More]
