Egyptians will likely say farewell to many of their favourite Western brands after the Kuwaiti retail conglomerate Alshaya Group declared it would soon downsize its operations in Egypt amid a severe economic crisis triggered by domestic and external factors. “Due to the economic situation and the challenges facing foreign companies in Egypt over the past three years, we have taken an exceptionally difficult decision to downsize our operations in Egypt,” local and international news outlets cited the company as saying in an official statement on Wednesday. The group added that it had decided to…