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Why Invest in Egypt?
- Politically stable country
In the aftermath of the bombing in Sharm El Sheikh in 2005, many people have been concerned about terrorism in Egypt. However, it should be noted that terrorist activity has also occurred in both London and Madrid over the same period but this fact has not deterred people from buying property in these places. The 2005 bombing was a localized act and the rest of the country is extremely stable. What’s more, strong tourist markets, such as that based around the Red Sea, tend to recover quickly after disasters; a good example of this would be Thailand in the aftermath of the Asian Tsunami of 2004.