What was Hosni Mubarak’s impact on Sadat’s presidency?

Asked on 12.01.2019 in All Questions.
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Sadat wanted Cairo instead of Beirut to become the financial and commercial center in the region. These commercial activities included luxury construction, finance, and tourism with little finance directed to industrial activity. As with the previous administration, rising consumption and a stagnated production led to the decline in the industry. However, infitah led to exports being more diversified from primary resources such as cotton to petroleum. The Gross Domestic Product (GDP) growth rate between 1975 and 1979 had reached 13 percent, whereas growth for the previous ten years was 4 percent. This...
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