Egypt has a very safe environment for investment, according to the country's prime minister, despite reports of ongoing violence directed towards segments of the society.
Speaking at the Egypt Economic Development Conference (EEDC), a new economic event held at the resort of Sharm El-Sheikh designed to bring money into the country, he said that terrorists groups had mostly been restricted "pockets" in the northern region of Egypt's Sinai Peninsula.
"I can ensure you it's a very, very safe country," Prime Minister Ibrahim Mahlab told CNBC. "They can't do anything...we can deal with them," he added, regarding the terrorist groups.
"From time to time there is a bomb...but people feel safe," he added.
The new regime in Egypt and the air of optimism on economic reforms hasn't put an end to the violence. Egypt President Abdel Fattah Al-Sisi told CNBC in January that he faces a war on terror and extremism.