Moves on the privatization front are getting play in the foreign press this morning. Reuters has coverage of the planned IPO of a Suez Canal company, as well as draft laws approved by cabinet aimed at leveling the playing field between private and state enterprises. We have more on both stories in the news well, above.

Also making headlines:

  • Price hump: Camel prices have more than doubled over the past year on the back of the devaluation of the EGP. (Wall Street Journal | watch, runtime: 00:40).
  • British broadcasting, EGP wages: BBC staff in Egypt reportedly went on strike yesterday after more than a year of negotiations over the broadcaster’s insistence on paying staff in EGP. (Washington Post).
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