Naguib calls on domestic businesses to double-down on Egypt: Highprofile businessman Naguib Sawiris urged his domestic peers to invest at home, saying “now is the best time” to put their money in the country, which enjoys some of the highest returns on investment in the world. In a promotional video for the Investment Ministry, Naguib said that foreign investors look to see how the locals are faring, and that increased domestic investment will aid in luring foreigners. He lauded recent legislation such as the Investment Act for cutting red tape for businesses, as well as development to road infrastructure and increases in energy production for improving the country’s business climate. You can watch the full video here (runtime 1:34).