Foreign investors return to Egypt after years of turmoil - FT.com:
"Two heated battles between foreign investors for Egyptian assets have heartened Cairo officials hoping to relaunch their economy with a high-profile investment conference this week.
Bidding wars by European and regional groups for two food companies, Bisco Misr and Arab Dairy, both listed on the Cairo bourse, are the strongest signal yet that foreign investors are interested in returning to the 90m-strong market after four years of political turmoil following the revolution that ousted long-time president Hosni Mubarak, say analysts.
“The two deals are indicative that there is strong interest in Egypt,” said Ahmed Ozalp, managing director of Akanar Partners, a corporate finance advisory group. “There is recognition that Egypt is a more stable environment, even if it remains fragile and we have a long way to go. Consumer industries . . . are a big and easy play.”"
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