Egyptian land deals: plus ça change, by Nizar Manek
English edition blogs, 15 March 2014
▻http://mondediplo.com/blogs/egyptian-land-deals-plus-ca-change
As Egypt’s popular uprising broke out three years ago, the crony capitalism of Hosni Mubarak’s regime came into the crosshairs. One grievance was against the willingness of the regime to directly allocate land at undervalued prices — sometimes at a dollar a square-metre, or less — to the real estate companies of its inner circle of politically-connected businessmen and the investment funds associated with them.