Middle East Institute quotes Rafik Hariri Center Nonresident Senior Fellow Mohsin Khan on Egypt’s economic difficulties and the need for foreign investment:
Though the interest in the Egyptian stock market is a positive sign, Mohsin Khan, senior fellow at the Atlantic Council, warns that the financial capital coming into the market is not enough on its own. “There is still a great need for physical capital in the form of foreign direct investment in the economy,” he said. Foreign direct investment typically takes the form of a foreign investor building a factory or acquiring a managing interest in a company. Unlike investment on the stock market, it is seen by some economists as a more long-term way to create jobs.