In Egypt, it's not just ancient antiquities being rediscovered, as the country's asset markets have become increasingly valuable to investors.
Amid civil conflict, terrorist violence and regional troubles, Egypt is re-emerging as a destination of choice for global investors flocking to its energy, real estate and financial sectors. The Middle East's most populous country is plowing ahead with economic reforms, spurring more investment on the back of a $1 billion International Monetary Fund loan disbursed in July.
The implementation of a new investment law is widely expected to improve the ease of doing business and sanctity of contracts. Meanwhile, more discipline on public spending imposed by the IMF should put government finances on a more sustainable footing. The fund is currently anticipating growth of about 4 percent.
Ultimately, "investors wish to see a strategy put in place to develop sustainable, job creating, manufacturing exports," Hasnain Malik, global head of equities research at Exotix Capital said in an interview.
"Free zones and more equal access to land," are key attributes of a recovery, with a boost to exports seen as "the holy grail" for job creation, Malik added.
In a vote of confidence, Egypt's central bank held its key interest rates unchanged at a meeting last week. Since floating its currency, the pound, last November, monetary authorities have hiked rates by 7 percent.
Higher rates lure investors, but also play a role in taming inflation rates — which have surged to multidecade highs as the government scaled back energy subsidies.
"Our outlook for the Egyptian market is positive. Egypt is well-positioned for economic growth, as the country's macro environment has improved," Asha Mehta, senior vice president and portfolio manager at Acadian Asset Management, told CNBC in an interview.