Sunday, January 30, 2011

19 Private Jets Carrying Families of Wealthy Egyptian Flee Cairo

The wealthy fleeing is a good indication that they fear the unrest will continue and the government/military will be unable (or more hopefully) unwilling to sufficiently crack down to stop them.

http://www.forbes.com/feeds/ap/2011/01/29/general-ml-egypt-protest-businessmen_8282277.html

"An official at Cairo airport says 19 private jets carrying families of wealthy Egyptian and Arab businessmen have flown out of the capital.

The official said the jets left Saturday carrying dozens of family members of Egypt's business elite. He said most of the planes were headed for Dubai.

The passengers included the families of telecom mogul Naguib Sawiris, the executive chairman of Orascom Telecom, and Hussein Salem, a hotel tycoon and close confidant of President Hosni Mubarak.
"

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