Disputes between Egyptian state bodies slow sales of generation assets

As Cairo seeks buyers for its prized power generation assets, it may have to accept lower prices than it wants, as investors shift away from gas-fuelled plants in light of climate change concerns. Potential buyers from the Gulf and elsewhere also recognise Egypt is under pressure to sell as a result of the country’s debt crisis. Complicating matters still further is the enmity between key arms of the state which could delay any deals, writes Moataz Khalil with John Hamilton.