Back to the complete issue
Tuesday, 31 May 2016

Don’t hold your breath for details about flight MS804’s crash -The Economist

Talk about a bad day for Egypt in the international press: Egypt is “worse than Clouseau,” The Economist says, telling its readers: “When Egypt investigates tragedy, don’t expect results.” The magazine cites the crash of the Metrojet flight in South Sinai last October, for which Egypt has not yet produced a final report, hinting that people should not expect anything different for flight MS804. “Egypt is developing a knack for interminable probes that lead nowhere, or that produce self-serving results.” Ditto the case of the eight slain Mexican tourists, The Economist adds: “There is little argument over what happened: the military hit the group with an airstrike. But Egypt’s “transparent” inquiry was undercut by a ban on reporters covering the incident, or the probe. No findings have been released, though Egyptian officials blamed a travel agency for bringing the tourists to a restricted area.”

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of HSBC Egypt (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Mashreq (tax ID: 204-898-862), the MENA region’s leading homegrown personal and digital bank; Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt; Hassan Allam Properties (tax ID:  553-096-567), one of Egypt’s most prominent and leading builders; and Saleh, Barsoum & Abdel Aziz (tax ID: 220-002-827), the leading audit, tax and accounting firm in Egypt.