Publication

This text examines the past and present importance of large private enterprises to Egypt’s economy. The paper specifically contends that following the 2011 uprising in the country, the enterprises lost their political standing, primarily because of their close ties to the Mubarak regime. However, Egypt’s subsequent economic crisis pushed successor regimes to reverse the measures that had been taken against the enterprises. Since the latter are now more autonomous from the state than in the past, their current standing may benefit Egypt in the long run.