Cash-strapped Egypt continues its attempts to attract foreign investment to breathe life into its ailing economy. The IMF says Egypt requires $35bn in funding over the next three years but serious and painful reforms are needed.

Egypt faces three interlinked problems: an urgent balance of payments problem, rising public debt, and the long-standing issue of low growth and high unemployment the IMF says this week. This comes as Egypt launches its roadshow for a long-awaited $2-2.5bn Eurobond...