Middle East Economic Survey

VOL. XLVIII

No 10

7-March-2005

EGYPT

Egypt Unveils Plans For Partial Privatization Of State Petrochemical Firms

Egypt on 2 March announced plans for the partial privatization of state-owned petrochemical companies in an effort to boost performance and attract higher levels of foreign investment, the official MENA news agency said. According to the report, 20% of the share capital of the Sidi Kerir Petrochemicals Company will be sold, along with 25% of Alexandria Mineral...