{"id":649782,"date":"2017-03-08T04:17:00","date_gmt":"2017-03-08T04:17:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/08\/the-role-of-egypts-big-business-will-center-more-on-national-economic-revival-move-away-from-a-pre-2011-focus-on-politics\/"},"modified":"2017-03-08T04:17:00","modified_gmt":"2017-03-08T04:17:00","slug":"the-role-of-egypts-big-business-will-center-more-on-national-economic-revival-move-away-from-a-pre-2011-focus-on-politics","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/08\/the-role-of-egypts-big-business-will-center-more-on-national-economic-revival-move-away-from-a-pre-2011-focus-on-politics\/","title":{"rendered":"The role of Egypt\u2019s big business will center more on national economic revival, move away from a pre-2011 focus on politics"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>Big business in Egypt has been excluded from politics post-2011 but will now focus on the country\u2019s economic revival<\/strong>, Amr Adly writes in <a href=\"http:\/\/carnegie-mec.org\/2017\/03\/02\/too-big-to-fail-egypt-s-large-enterprises-after-2011-uprising-pub-68154?mkt_tok=eyJpIjoiTURNMU1HSXlNamhpTVRGaiIsInQiOiJWcWVMNzhKREp0XC9YNktlRUkzXC9JR2tqWW1nSjBCc09HUFoxNVBxamhjWU5qQk5nNHdkMFwvTmE3SEdaM3crcitCaHRGYllvZnlcL0pEakd4QW5zOHhEa0E4MnJLMTdLeGlNNzhFcW44UkRUcmxzZ0hvMnNHTE9mdlAzTjUwa2dMSlIifQ%3D%3D\">a research paper for the Carnegie Middle East Center<\/a>. Adly says \u201cbusinessmen who were influential under the Mubarak regime have seen a reduction in their political role and their ability to influence and implement policies.\u201d He believes \u201cbig business\u201d would in the coming years \u201climit the focus of its policy activism and influence to corporate institutions\u2014whether business associations or chambers of commerce and industry\u2014instead of aiming to occupy executive or parliamentary posts\u2026 Large enterprises will become less reliant on political connections to secure profits, market shares, and rent; these enterprises\u2019 growing transnationalization will allow them to be shielded from upheavals at home; and influential businessmen will begin exploiting their enterprises\u2019 impact on economic revival. As all of these developments take place, the role of large enterprises will likely expand further.\u201d Adly concludes his arguments by saying that \u201ca more balanced relationship between enterprises and the state would benefit both, inducing them to develop institutional avenues of mutual cooperation. The Egyptian economy can only gain as a consequence.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Big business in Egypt has been excluded from politics post-2011 but will now focus on the country\u2019s economic revival, Amr Adly writes in a research paper for the Carnegie Middle East Center. Adly says \u201cbusinessmen who were influential under the Mubarak regime have seen a reduction in their political role and their ability to influence [&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":[9003],"tags":[72,2397],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-649782","post","type-post","status-publish","format-standard","hentry","category-worth-reading","tag-enterpriseam","tag-worth-reading","wpautop","entry"],"acf":{"mongo_id":"496907b4-2da6-4577-a86c-7be18e5c4306","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[649754],"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>The role of Egypt\u2019s big business will center more on national economic revival, move away from a pre-2011 focus on politics - 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\/2017\/03\/08\/the-role-of-egypts-big-business-will-center-more-on-national-economic-revival-move-away-from-a-pre-2011-focus-on-politics\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The role of Egypt\u2019s big business will center more on national economic revival, move away from a pre-2011 focus on politics\" \/>\n<meta property=\"og:description\" content=\"Big business in Egypt has been excluded from politics post-2011 but will now focus on the country\u2019s economic revival, Amr Adly writes in a research paper for the Carnegie Middle East Center. Adly says \u201cbusinessmen who were influential under the Mubarak regime have seen a reduction in their political role and their ability to influence [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/08\/the-role-of-egypts-big-business-will-center-more-on-national-economic-revival-move-away-from-a-pre-2011-focus-on-politics\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-03-08T04:17:00+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\/2017\/03\/08\/the-role-of-egypts-big-business-will-center-more-on-national-economic-revival-move-away-from-a-pre-2011-focus-on-politics\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/08\/the-role-of-egypts-big-business-will-center-more-on-national-economic-revival-move-away-from-a-pre-2011-focus-on-politics\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"The role of Egypt\u2019s big business will center more on national economic revival, move away from a pre-2011 focus on politics\",\"datePublished\":\"2017-03-08T04:17:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/08\/the-role-of-egypts-big-business-will-center-more-on-national-economic-revival-move-away-from-a-pre-2011-focus-on-politics\/\"},\"wordCount\":215,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"worth reading\"],\"articleSection\":[\"Worth reading\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/08\/the-role-of-egypts-big-business-will-center-more-on-national-economic-revival-move-away-from-a-pre-2011-focus-on-politics\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/08\/the-role-of-egypts-big-business-will-center-more-on-national-economic-revival-move-away-from-a-pre-2011-focus-on-politics\/\",\"name\":\"The role of Egypt\u2019s big business will center more on national economic revival, move away from a pre-2011 focus on politics - 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Although it might be easy to blame the IMF-backed austerity program for this trend, the\u2026","rel":"","context":"In &quot;Worth reading&quot;","block_context":{"text":"Worth reading","link":"https:\/\/enterpriseam.com\/egypt\/category\/lifestyle\/worth-reading\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/1\/578.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":642974,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/27\/leaving-interest-rates-high-will-curb-gdp-growth-fei-food-industries-division\/","url_meta":{"origin":649782,"position":3},"title":"Leaving interest rates high will curb GDP growth -FEI Food Industries Division","author":"enterpriseam admin","date":"27 August 2017","format":false,"excerpt":"Leaving interest rates high will curb GDP growth as high borrowing costs force companies to cut outlays on CAPEX, Federation of Egyptian Industries\u2019 Food Industries Division member and Spinneys CEO Mohanad Adly tells Ahram Gate. 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