Citadel Capital subsidiary buys Enjoy

Egypt's Gozour, a subsidiary of private equity firm Citadel Capital, has acquired 100 per cent of Nile Company for Food Industries (Enjoy), one of the country's leading dairy and juice producers.
Close up of hands breaking bread and demonstration in background

Special Report: Egypt - Struggling with subsidies

Over the past three years, the aggressive economic reforms of Prime Minister Ahmed Nazif's government have transformed the Egyptian economy. But they have also upset the political apple cart.

A year of opportunity: Egypt

Cairo is promising continued and impressive economic growth in 2008. But as it presses ahead with its economic reform programme, it risks leaving its most vulnerable citizens by the wayside. If it is to put an end to growing worker discontent, it must fulfil its promises of greater socio-economic inclusion.
Egypt flag

Egypt country profile

In Egypt, discussing the president's health in public is a criminal offence. The editors of four Egyptian newspapers discovered how true this can be in September when a Cairo court sentenced each of them to a one-year prison sentence and a fine of E£ 20,000 ($3,637).