Egyptian PM addresses parliament

I suppose it's worth noting that Egyptian Prime Minister Ahmed Nazif gave his first address to Parliament today (Sunday) since assuming office in July. It provides us an opportunity to reflect on the progress of the new government. In terms of political reform, I don't think there is really much to say, because nothing has really happened. Nazif's most visible achievement so far has been taking on customs procedures, which tended to be investors' number one gripe with Egypt. And I think the business community is generally pleased with the direction Nazif is heading so far. Issandr will have a more nuanced view of this I imagine.

Nazif himself cited customs and tax reforms, and improving the investment climate in Egypt among his principle achievements to date. His government is streamlining processes for foreign investors, opening new markets, increasing exports, and signing new agreements with international companies... or so says Nazif.