On the flip side, Egypt’s economy needs about 20 years to recover due to a poor investment climate, former head of the Egyptian Businessmen’s Association Hussein Sabbour told DNE. “Doing business in Egypt is a difficult mission,” said Sabbour, adding that “bureaucracy, corruption, and [the] government’s habit of breaking or dishonouring contracts,” top the list of factors hindering the investment environment, to say nothing of the CBE’s limits on the transfers of USD abroad and “the general lack of security due to political conflict,” he says.