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The Independent UK
The Independent UK
National
Via AP news wire

Companies skeptical about Egypt's push to ease industry ties

Copyright 2023 The Associated Press. All rights reserved

In Egypt, state-owned companies bottle water, make dry pasta and cement, and run gas stations and fish farms.

Two of the most powerful economic players in the North African country have long been the government and military. For years, they have faced criticism from economists and international lenders that this approach is stifling economic growth.

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