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On December 22, Egyptian President Abdel Fattah El-Sisi spoke about competition between the country’s state-owned and private companies while inaugurating a fuel production complex in upper Egypt’s Asyut governorate. Business ownership has become a growing controversy in Egypt with the country’s military-owned companies’ continued encroachment on the civilian economy.In November, Naguib Sawiris, a 67-year-old Egyptian billionaire telecommunications tycoon, told AFP that competition between the private sector and military-owned companies is unfair
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