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Can Sisi's new investment council save Egypt's economy?

While some have praised Cairo's decision to form a Supreme Council for Investment to be overseen by the president himself, others say that Abdel Fattah al-Sisi's personal involvement only demonstrates institutional incompetence.

Egyptian President Abdel Fattah al-Sisi (R) attends a meeting with Egypt's Prime Minister Sherif Ismail (2nd R) and members of the government's Economic Ministerial Committee to discuss future economic indicators and figures of the general budget and the results of the talks with the International Monetary Fund (IMF) at the Ittihadiya presidential palace in Cairo, Egypt July 27, 2016 in this handout picture courtesy of the Egyptian Presidency. The Egyptian Presidency/Handout via REUTERS ATTENTION EDITORS -
Egyptian President Abdel Fattah al-Sisi (R) attends a meeting with Egypt's Prime Minister Sherif Ismail (2nd R) and members of the government's Economic Ministerial Committee to discuss future economic indicators at the Ittihadiya presidential palace in Cairo, July 27, 2016. — Reuters/The Egyptian Presidency

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