VOL. XLIV

No. 08

19-February-2001

EGYPT

Egypts Ministry of Public Enterprises Plans 49 Privatizations In 2001

The Egyptian Minister of Public Enterprises, Mukhtar Khattab, announced on 12 February that 49 companies would be offered for sale this year, according to the Middle East News Agency. Speaking to the Economic Committee of the Peoples Assembly, Mr Khattab also said that 176 firms had been sold since the start of the privatization program in 1994 for a total of E13.1bn ($3.4bn). In...