The Arabist

The Arabist

By Issandr El Amrani and friends.

Carlyle Group coming to Egypt

Bloomberg is reporting that the Carlyle Group -- the biggest buyout firm in the US, famous for having allegedly held a meeting on 11 September 2001 that included both a representative of the Bin Laden clan and George H.W. Bush -- will shortly be opening offices in Cairo and seeking to buy out Egyptian companies, probably in financial services.