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-- A new day of violence in Egypt really switching gears here a new worries about the future of the country's fragile economy.
General Motors has indefinitely closed its plant in the country raising concerns that international companies could reconsidered their investments in need tests.
Joining us now is in -- jeeps and we -- -- com Telecom media and technology holding executive chairman.
so where -- first of all our deep sympathies to all the all the deaths and destruction has been taking place there it's just been awful situation.
To have to live through interestingly though there is an ETF here I'm sure you're familiar with it EG PT is that it is the stock symbol -- -- it's -- 2% today that is somewhere investors believe that they see an end it to the violence actually was up 3% today.
Do you -- an -- to the violence or or can you see no way and as of now.
No I see an edit and to devise restore the stock which he has been -- Going -- since being Muslim by -- it's.
Well overturned by the way to compete particularly people egyptians went to the streets.
To request the good lord of the government of the -- -- -- Graham president more instead -- just -- has been going up all that bad because people -- that the country would be.
Living in a more -- then Democrat they couldn't get better.
According which would respect.
-- -- and rights of minorities and commissions and everybody and that -- -- -- appreciate -- directional -- as far as the situation now.
This is what I expected and it action all over -- -- sowing doubt be -- -- Goldman.
I am all over confident that this quarter's excellent and that we would finally -- -- conciliation.
If indeed part -- you don't -- -- shooting policemen and should you get decent people and burning churches twenty churches have been burned since the beginning of these -- -- It's just -- -- -- -- -- -- What I wanted to come in with his all of this turmoil back to the Arab Spring.
Started because of the terrible economy in Egypt there's zero growth unemployment is sky high people are virtually starving.
So we understand you explain to us that your your bullish on Egyptian stock market.
But putt about the underlying economy how can -- flat and sinking economy support financial growth.
They're admitting he would've had a good management would you people who -- what do you can't get to a volatile.
Don't remember they have -- -- -- -- you know what government that would attract investment because -- respects democracy and human rights.
You know we have both been -- deep given to a billion dollars by error out of but others in an insult getting -- -- but it's -- equally.
Which would tickets for either do that he -- -- we should have a government that we restructured -- -- in -- What sort judicial about subsidies would create -- limit direct investments.
It's not it's -- -- thing to do I might just add you know that you -- -- sort of and and it is that you expect -- -- still investing -- as.
I don't really begins everybody's tourism.
Encompass so it's got Saturday -- -- has sufficient on energy.
Every has not direct support countries I've just been mismanaged and did -- here.
What message do you want to get -- there been so many mixed messages.
Presented by the American Media to the American people about what's going on there are some people saying that.
That the more -- that voters were their supporters are completely nonviolent that they work just mass occurred -- on mass by the military government.
And therefore we should never do business with -- -- get what it is it's.
How would you describe -- this situation.
To Americans who who were getting an image of it.
Basically of David and Goliath -- -- supporters being the -- there.
OK it's still what did David Howell comes to the opposite is putting -- -- source shop and it just and then expand and can't kill innocent.
How many twenty church is apparent to the ground and one of them is -- -- -- all this church from the third circuit sabathia started essentially.
It -- has burned to ground to resume was burned down -- yesterday.
So it Baylor beats organization holy bull is doing -- that you know who's getting big commissions are legion post master at getting the creation of these you can burning there.
Shops and burning their -- -- you know.
So I mean we've always been -- media reporting on all this collapse did you supportive of these -- because that the majority of the population overturned in a democratic demonstration.
When we went not invited completely not want you get a bonus and what can you do to -- its -- -- -- -- and basically you're.
And -- the insider buying about burning church and -- police stations burning buildings you know did get beat.
Think Egypt should become -- and he's you know they would never.
But I -- don't know exactly Arctic.
And and do -- -- this data -- Yeah eight it's somewhat connected Democrat began doesn't abide by the rules of democracy he has got these contingent and you -- get an education.
Understand that we do present both sides here at Fox Business so why I hope you can appreciate that and and we -- Greatly appreciate your grandma yeah please appreciate that -- degree view -- not to go.
-- -- as we appreciate what they're going to be -- Do come back and and let us know how things are going -- -- as we were as we appreciate you coming on thank you.
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