In Focus: Handing out failure

CAIRO: The state assets management plan floated by Egypt’s National Democratic Party is nothing but a failure, not only because of the way the project was announced, as it seemed that the party is still living in the 1950s and 1960s when people used to be taken by surprise, but also because it torpedoes everything the government has done over the past four years in terms of the privatization and liberalization of the Egyptian economy. I won’t get into the details of the project which seem to be...