VOL. XL

No. 38

22-September-1997

EGYPT/SAUDI ARABIA

Joint Egyptian-Saudi-Kuwaiti Fertilizers Venture Launched

A joint Egyptian-Saudi-Kuwaiti venture for the production of fertilizers and otherchemicals was launched in Cairo on 6 September, according to Dr. Ibrahim Fawzi, chairmanof the executive body of the Egyptian Investment Authority. Quoting Dr. Fawzi, theEgyptian news agency MENA states that the proposed company, whose authorizedcapital has been set at $265mn, will be protected by the...