Political uncertainty will continue to affect the Egyptian economy in 2013 as the country continues upon its rocky transitional period towards democracy. This uncertainty will, in turn, continue to affect the shipping sector as a worsening economic position will impact on the country’s imports through the ports. Further, Egypt is struggling to maintain foreign reserves as foreign investment has dried up since the ouster of President Mubarak as investors wait to see what the future holds. In light of this, a Qatari plan to invest in a new industrial and ports complex near the Suez Canal will come as a …
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