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Arab Spring Investor Excitement Fizzles Out amid Anti-U.S. Backlash

(Al Arabiya) Eman El-Shenawi - Excitement over new economic prospects in Egypt, Libya and Tunisia in the wake of the Arab Spring has come to an abrupt standstill. "The recent events will bring foreign investors to reconsider their assessment of risks associated with the political transition in Arab spring countries," said Alia Moubayed, senior economist at Barclays Capital. "Investors may therefore put on hold or delay their planned investment in the short to medium term, notably in Tunisia and Libya, but to a lesser extent in Egypt where the government's action to limit the damage of such attacks was bolder."
2012-09-20 00:00:00
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