Egypt Brotherhood Courts Investors With Pro-Business Stance

Only a few months ago, Khairat El-shater was languishing in an Egyptian prison, put there by the Hosni Mubarak regime. Many of his businesses were shuttered.

Now the deputy general guide, or No. 2 leader, of the Muslim Brotherhood, Egypt’s dominant political-Islamic group, El-shater shuttles between meetings at one of his once-closed offices in a grimy building in Cairo’s Nasr City district. His visitors include bankers and investors from the U.S. to Australia, Bloomberg Businessweek reports in its July 11 edition.