VOL. XLIV
No. 11
12-March-2001
EGYPT
Egypt To Privatize 49 Public Sector Companies In 2001
The Ministry of Public Enterprise announced on 8 March that it plans to privatize 49 companies as part of the countrys ongoing divestment of public sector affiliated companies under Law 203, while the Ministry of Economy and Foreign Trade received approval to begin the privatization of 25 joint-venture companies and five joint-venture banks. According to the semi-official newspaper Al-Ahram, the proceeds...
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