VOL. XLIII
No. 05
31-January-2000
EGYPT
Egypt Plans to Restructure 62 Companies Under 2000 Privatization Agenda
The Egyptian Government plans to restructure 62 loss-making companies and privatize 70 new affiliates of 13 holding companies with an aggregate value of E12bn ($3.5bn) as part of its privatization agenda for 2000. Minister of the Public Enterprise Sector Dr Mukhtar Khattab said the plan to restructure loss-making companies centers on carrying out an early retirement program costing E...
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