VOL. XL

No. 27

7-July-1997

EGYPT

Private Sector Egyptian-Saudi Fertilizers Company Is Set Up

An agreement signed in Cairo on 26 June has set up a urea fertilizers company withjoint Egyptian-Saudi private sector ownership. The joint venture, which will probably beknown as "Al-Amiriya Company for Fertilizers and Chemical Industries," will belocated at the new Burj al-Arab township, near al-Amiriya in the Alexandria area.According to Eng. Ali Wali, the Egyptian chairman of the new company, the...