He added that the Egyptian government has successfully managed its economy despite international hard circumstances that resulted from the 1998 financial crisis in East Asia. HSBC is owned by 170 thousand shareholders from 90 countries. The corporation operates in 80 countries. As for participating in selling off a portion of Telecom Egypt Mr. Bond said that his firm is ready, if invited, to assist the Egyptian government through expertise, consultations or taking part in marketing equities in the international market. Mr. Bond noted that Egypt has an attractive promising market that is rich in skillful highly qualified labor force.
Many international companies view Egypt as an investment-attractive place.