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Succession fears for Egypt
- Egypt: Sunday, December 09 - 2007 at 08:37
A number of financial analysts have said uncertainty about who will succeed Egyptian President Hosni Mubarak could damage the country's economy, reported Reuters. The North African state's stock market has risen by 44% this year, while its GDP had grown by 7.1% up to the end of June, but Citigroup has said the country's 'military establishment' could reject the more liberal, western outlook supported by Mubarak's son, and likely successor, Jamal.
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Jonathan Sheikh-Miller, Deputy EditorSunday, December 09 - 2007 at 08:37 UAE local time (GMT+4)
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