Economic experts have recently begun discussing the idea of selling of Egyptian citizenship to foreign investors as a solution to the deteriorating investment climate in Egypt.Although the rumors have been denied, the Egyptian street is in an uproar about it.
Following the 25 January Revolution, official figures show Foreign Direct Investment (FDI) fell drastically due to instability, from approximately $13.2bn in the 2007/2008 fiscal year to around $5bn in the last fiscal year (FY). A total amount of $2.8bn of the $5bn was in the first half only, according to chairman of the General Authority for Investment and Free Zones (GAFI) Hassan Fahmy. In FY 2012/2013, FDI had marked $3bn.
Because they are worried that Jews will become Egyptian citizens.
In late 2012 there was a similar uproar when an Egyptian Muslim Brotherhood official said that Jews who used to live in Egypt should be able to return when Israel is properly destroyed.
Egyptians are paranoid that the Jews they expelled will come back and claim all the land and buildings that were stolen. In early 2013 there was a rumor that the Muslim Brotherhood had burned down a museum that included state archives in order to allow Jews to come back and claim their stolen heritage.
At the same time there was another rumor that the US ambassador said that King Tut was Jewish, and that Egypt will go bankrupt and Jews will return and enslave the Egyptians.
So for some reason the idea that Jews are going to go to Egypt really freaks many Egyptians out.
Perhaps it is guilt - because they know that they stole so much from so many.
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Posted By Elder of Ziyon to Elder Of Ziyon - Israel News at 8/21/2014 02:00:00 PM
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