Is Egypt a risky investment?

Mark Mobius, head of Franklin Templeton's Emerging Markets Group Stock markets in Egypt have been closed since 30 January and those in the Middle East/North Africa (MENA) region declined substantially between 25 January and 1 February as sentiment among some investors turned negative amid the political uncertainty. Other investors have been seeking an opportunity to buy stocks at low prices. The geopolitical ramifications of this unrest are many, not only for Egypt but also potentially for the rest of the world, and for the most part will probably be positive since political reform has...