Egypt proves best destination for stock market investors

Egypt was 2014’s best destination for stock market investors, producing a total return including dividends and share price rises of more than 30 per cent in a year in which the US led equity rallies in developed economies.

In spite of the Egyptian army coup, which toppled the democratically elected government of the Muslim Brotherhood 18 months ago, the MSCI index for Egypt has almost doubled since mid-2013.