The airwaves served up continued coverage of the World Youth Forum in Sharm El Sheikh and the investment agreements that were signed on the forum’s sidelines yesterday on an economics-heavy night.

Investment Minister Sahar Nasr told Al Hayah Al Youm’s Tamer Amin that the government has raised its foreign direct investment target for FY2017-18 to USD 12 bn from USD 10 bn after seeing significant inflows during the first quarter alone. The Suez Canal Economic Zone has signed some 30 agreements over the past three months; seven of those agreements could benefit from perks and incentives outlined in the newly-enacted Investment Act. Nasr also pointed to a basket of legislation the government has pushed out over the past several months to improve the investment climate, including the Bankruptcy Act, which is currently before committee in the House (watch, runtime 6:36).

Agreements signed yesterday on the sidelines of the World Youth Forum are ready for implementation and are not preliminary MoUs, SCZone Chairman Mohab Mamish told Amin (we have a full list of these agreements in Speed Round, below). The agreements are expected to create as many as 1 mn new jobs, Mamish said (watch, runtime 5:10).

Amin also hosted the Arab Investors Union’s secretary general Gamal Bayoumi, who urged the country to focus on attracting more investments from Egyptians expats, whom he says invest as much as USD 180 bn in other markets that would be better off in Egypt (watch, runtime 4:40).

Apparently, we’re not paying enough taxes: Amin also discussed Egypt’s tax systems with Cairo University economics professor Aliaa El Mahdy, who said the government is mismanaging its resources through an unbalanced tax system that allows businessmen to pay lower-than-average taxes (watch, runtime 3:27). Please, God, don’t get us started.

Over on Kol Youm, Amr Adib lambasted Banque Misr’s decision to launch savings certificates carrying an 18% interest rate as a deterrent to investment, saying that people will be more likely to leave their money in the bank than take the risk of investing (watch, runtime 2:54).

His better half on Hona Al Asema discussed the National Council for Human Rights’ latest report, which earned the ire of House MPs for its opinions on enforced disappearances and the contentious NGOs law. Council member Hafez Abu Seda maintained that the council adheres to international laws in its assessments (watch, runtime 5:02).