Common myths about privatization in Egypt ...Egypt

I can understand the objection to selling certain assets owned by the state if the sale appears suspicious. However, I cannot condone conspiracy theories emerging to explain every deal, following those with vested interests in opposing the state’s withdrawal from activities that compete with the private sector, or by some who spread these rumors for political purposes. This tendency to incite a climate of hostility towards foreign investment significantly weakens the country’s attractiveness for various types of investment and makes foreign investors highly wary of their funds and interests being exposed to the risks of nationalization or confiscation under public pressure throughout the lif

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