Middle East Economic Survey

VOL. LIII

No 5

1-Feb-2010

REGIONAL

Morgan Stanley And Orascom To Form Infrastructure Joint Venture

Morgan Stanley and Orascom Construction Industries (OCI) have agreed to form a 50:50 joint venture to develop and invest in infrastructure projects across the Middle East and Africa, it was announced on 26 January. The coming decade will require higher investment rates in infrastructure to sustain economic growth in the Middle East and Africa, said Sa'dek...