{"id":555649,"date":"2021-11-22T04:06:44","date_gmt":"2021-11-22T04:06:44","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/22\/sawiris-calls-for-end-to-unfair-state-involvement-in-the-economy\/"},"modified":"2021-11-22T04:06:44","modified_gmt":"2021-11-22T04:06:44","slug":"sawiris-calls-for-end-to-unfair-state-involvement-in-the-economy","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/22\/sawiris-calls-for-end-to-unfair-state-involvement-in-the-economy\/","title":{"rendered":"Sawiris calls for end to \u201cunfair\u201d state involvement in the economy"},"content":{"rendered":"<p><strong>This morning in the foreign press:<\/strong> Naguib Sawiris says he wants fair competition for Egyptian businesses. The outspoken b\u2019naire told <a href=\"https:\/\/www.nst.com.my\/world\/world\/2021\/11\/747339\/billionaire-sawiris-wants-level-playing-field-egypt-business\">AFP<\/a> that the government\u2019s involvement in the private sector has resulted in an \u201cunfair\u201d playing field and has scared off foreign investors. As well as criticizing the tax and customs exemptions handed to state firms, Sawiris admitted to the newswire that he avoids bidding in contracts where there\u2019s competition from government entities \u201cbecause it's not a level playing field.\"<\/p>\n<p><strong>Also m<\/strong>aking headlines:<\/p>\n<ul>\n<li><strong>Gaza crossing troubles: <\/strong>Palestinians are expressing frustration at the high cost and \u201chumiliation\u201d of border crossing into Egypt from Gaza. (<a href=\"https:\/\/www.france24.com\/en\/live-news\/20211121-gaza-anger-mounts-at-cost-humiliation-of-egypt-journeys\">France 24<\/a>)<\/li>\n<li><strong>COP27 worries begin: <\/strong>Human rights activists are preemptively worried civil society groups may not be allowed to protest at COP27 in Egypt. (<a href=\"https:\/\/www.theguardian.com\/environment\/2021\/nov\/21\/cop27-is-in-egypt-next-year-but-will-anyone-be-allowed-to-protest\">The Guardian<\/a>)<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>This morning in the foreign press: Naguib Sawiris says he wants fair competition for Egyptian businesses. The outspoken b\u2019naire told AFP that the government\u2019s involvement in the private sector has resulted in an \u201cunfair\u201d playing field and has scared off foreign investors. As well as criticizing the tax and customs exemptions handed to state firms, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7233],"tags":[228,72,167,210,2065,7089],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-555649","post","type-post","status-publish","format-standard","hentry","category-egypt-in-the-news","tag-cop27","tag-enterpriseam","tag-gaza","tag-human-rights","tag-naguib-sawiris","tag-palestine","wpautop","entry"],"acf":{"mongo_id":"9606474e-eb79-4c68-8146-c91ff5cf8869","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[555634],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Sawiris calls for end to \u201cunfair\u201d state involvement in the economy - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/22\/sawiris-calls-for-end-to-unfair-state-involvement-in-the-economy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sawiris calls for end to \u201cunfair\u201d state involvement in the economy\" \/>\n<meta property=\"og:description\" content=\"This morning in the foreign press: Naguib Sawiris says he wants fair competition for Egyptian businesses. 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As well as criticizing the tax and customs exemptions handed to state firms, [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/22\/sawiris-calls-for-end-to-unfair-state-involvement-in-the-economy\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-11-22T04:06:44+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/22\/sawiris-calls-for-end-to-unfair-state-involvement-in-the-economy\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/22\/sawiris-calls-for-end-to-unfair-state-involvement-in-the-economy\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Sawiris calls for end to \u201cunfair\u201d state involvement in the economy\",\"datePublished\":\"2021-11-22T04:06:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/22\/sawiris-calls-for-end-to-unfair-state-involvement-in-the-economy\/\"},\"wordCount\":142,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"COP27\",\"EnterpriseAM\",\"Gaza\",\"human rights\",\"Naguib Sawiris\",\"Palestine\"],\"articleSection\":[\"EGYPT IN THE NEWS\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/22\/sawiris-calls-for-end-to-unfair-state-involvement-in-the-economy\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/22\/sawiris-calls-for-end-to-unfair-state-involvement-in-the-economy\/\",\"name\":\"Sawiris calls for end to \u201cunfair\u201d state involvement in the economy - 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Instead, he said, he\u2019s waiting for the enactment of reforms to the kingdom\u2019s investment laws and arbitration setup before he looks at opportunities\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/2\/2747.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":625177,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/30\/sawiris-criticizes-crowding-out-of-the-private-sector-govt-is-now-biggest-importer-of-live-cattle-and-frozen-beef\/","url_meta":{"origin":555649,"position":1},"title":"Sawiris criticizes crowding out of the private sector + gov\u2019t is now biggest importer of live cattle and frozen beef","author":"enterpriseam admin","date":"30 September 2018","format":false,"excerpt":"Sawiris criticizes crowding-out of the private sector: Naguib Sawiris criticized the involvement of state- and military-owned firms in a number of key economic projects. Sawiris reportedly made the remarks in an interview with DPA picked up by Gulf Times. \u201cWe need to reduce the government\u2019s interference in business and we\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":651919,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/23\/naguib-sawiris-dismissed-from-free-egyptians-party\/","url_meta":{"origin":555649,"position":2},"title":"Naguib Sawiris dismissed from Free Egyptians Party","author":"enterpriseam admin","date":"23 February 2017","format":false,"excerpt":"The spat between Naguib Sawiris and the Free Egyptians Party has come to a head: The FEP (of which Sawiris is a founder) dismissed Naguib from the party after he did not show up to a hearing with the party\u2019s disciplinary committee, Al Shorouk reports. Sawiris had been summoned for\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":652461,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/10\/naguib-sawiris-to-travel-to-brazil-to-push-for-acquisition-of-bankrupt-oi-sa\/","url_meta":{"origin":555649,"position":3},"title":"Naguib Sawiris to travel to Brazil to push for acquisition of bankrupt Oi SA","author":"enterpriseam admin","date":"10 January 2017","format":false,"excerpt":"Oi! Got a distressed network for sale? Naguib Sawiris is set to travel to Brazil in two weeks\u2019 time to \u201cpersuade the government his bid [to acquire the telecommunications company] is the best option to rescue Oi SA,\u201d Reuters reports Sawiris told Brazilian newspaper Folha de S.Paulo. The Brazilian telecom\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":661450,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/27\/naguib-sawiris-calls-for-reconsideration-of-the-govts-mega-projects-amid-economic-concerns\/","url_meta":{"origin":555649,"position":4},"title":"Naguib Sawiris calls for reconsideration of the gov\u2019t\u2019s mega-projects amid economic concerns","author":"enterpriseam admin","date":"27 February 2025","format":false,"excerpt":"Sawiris noted Egyptian businesses\u2019 shift toward setting up HQs in the UAE","rel":"","context":"In &quot;EGYPT IN THE NEWS&quot;","block_context":{"text":"EGYPT IN THE NEWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-in-the-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/12\/882.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":624440,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/09\/naguib-sawiris-launches-ayia-napa-marina-project-next-summer\/","url_meta":{"origin":555649,"position":5},"title":"Naguib Sawiris launches Ayia Napa Marina project next summer","author":"enterpriseam admin","date":"9 September 2018","format":false,"excerpt":"Ayia Napa Marina, Naguib Sawiris\u2019 EUR 220 mn luxury residential development in Cyprus, is expected to open its doors by next year\u2019s summer, Sawiris said in a tweet. Sawiris had began marketing his project with his Cypriot business partner Stavros Caramondanis to UAE investors earlier this year.","rel":"","context":"In &quot;Real Estate + Housing&quot;","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/555649","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=555649"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/555649\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/555634"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=555649"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=555649"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=555649"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=555649"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=555649"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}