WB: Investors need decisive action from Egyptian government

The World Bank (WB) held a forum yesterday in order to discuss the situation in the Middle East after the incidents that have been happening. The forum revealed that investors are still worried about investing in Egypt and Tunisia because they are the countries that have the most protests.

Capital owners said that Egyptian and Tunisian governments should issue decisive clear procedures in order to achieve political and economical stability. Investors, however, prefer investing in Egypt because of its unique location and because of its good reputation in the international market.

The WB said investors are counting on the next parliamentary election to restore Egypt's stability. They are, however, worried from the continuing protests in Egypt which may delay work in many sectors particularly the stock market.

According to the WB, Tunisia has many factors that may quickly help improve investments such as its organized society.

Iraq is now expected to attract most investments in the Middle East, reported the WB.