Influence of moneyed elites rebounds in Egypt

By Erin Cunningham, January 18, 2014

CAIRO — The plush Cairo offices of Egypt’s official investment authority were alive one recent morning with what authorities here say is the activity of an economy on the mend.

A wealthy Kuwaiti businessman had been whisked in with his entourage to announce plans to invest hundreds of millions of dollars in Egypt’s tourism and agriculture sectors.

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