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Suez Canal not put up for privatization
Egypt, Economics, 3/16/2004

An official said privatization of the Suez Canal is not at all a possibility, adding that reports in this respect are groundless.

Chief of the Suez Canal Authority, Admiral Ahmed Ali Fadel said during a lecture Sunday at the Egyptian Architects Society that this matter was reiterated before by President Hosni Mubarak.

Previous Stories:
  Egypt - France to beef up economic, trade cooperation   (9/13/2003)
  IMF representative: more reforms needed for Egyptian economy   (8/5/2003)
  El-Mossawer: Suez Canal reports record revenues   (8/2/2003)

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