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92 Egyptian governmental companies to be raised for sale by end of year
Egypt, Economics, 5/9/2000
Egyptian Minister of Public Business Sector Mokhar Khattab stated that the privatization program continues without slowness in this process, telling ArabicNews.com that 92 companies will be raised for sale during the current year in the Egyptian government's program to privatize all the economic and financial corporations and companies which started five years ago. He added that the privatization will include the banking sector, but in a scientific way, and that the government has started getting rid of its shares in the joint banks.
Previous Stories:
Egyptian businessmen meet to discuss investment opportunities
(5/5/2000)
IMF and WB expect improvement in economic development in Egypt
(5/2/2000)
Ebeid: economic conditions satisfactory
(4/29/2000)
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