Egypt’s military economy has flourished at the expense of the private sector, Jared Malsin writes for the WSJ in a feature-length drive-by that made the homepage of the digital edition of the newspaper. It’s a story that has practically become a meme for the international press in recent years, and the significance of Malsin’s piece, which extensively quotes Naguib Sawiris, is almost entirely in the fact that it has appeared in the Journal. It’s a solid primer for those new to the discussion, but pales in comparison to Reuters’ recent investigative piece based on a year’s worth of reporting on the military’s business activities.
More from Enterprise
Inflation unexpectedly cools, putting rate-cut cycle back in play
The first fall in the headline rate in three months…
Qatar’s Green Sky Capital secures financing for USD 200 mn SAF plant
The facility could add more than 10% to global SAF…
New tax bill heads to House ahead of July rollout
The new package scraps the contentious capital gains tax, overhauls…
Apis Partners has continued appetite for Egypt after closing its third fund at more than double its predecessor
Apis partner Hossam Abou Moussa singles out MNT-Halan as a…