Egypt to let foreign companies manage state enterprises
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Egypt is ready to let foreign companies manage state-owned businesses but will not give up control of those it sees as strategic, President Hosni Mubarak's spokesman said.
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A UK company is formed specifically to help more businesses outsource their operations to India.
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Venezuelan President Hugo Chavez is ordering foreign oil companies to pay much higher taxes, in a move to tighten state control over his country&#39;s vast petroleum resources.
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Insisting Hamas is a "fact of life," Egypt's foreign minister said Wednesday the Palestinian militia must have a role in peacemaking with Israel and could help stabilize a Palestinian government.
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Egypt is reportedly planning the privatisation of the Bank of Alexandria, one of the country's big four public-sector banks.
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Cambodian Prime Minister Hun Sen promises reform in an effort to woo foreign investors.
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ANKARA: Turkey is hoping to attract $15 billion of foreign investment between 2005 and 2007 through reforms designed to overhaul its economy and ease the country&#39;s entry into
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High-level officials from Egypt, Israel and the United States signed a three-way trade deal Tuesday that would allow Israeli-Egyptian products duty-free access to the US market, a further step toward launching a broader free trade pact in the Middle East.
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The Egyptian authorities are reportedly pricing up six engineering firms for sale, a move which analysts see as reviving the country's privatisation programme.
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China plans to let foreign companies take stakes in local television production companies, in a move giving international media companies better access to the world's biggest market.
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The S.E.C. plans to make it easier for foreign companies to withdraw their securities from U.S. markets, so long as those securities primarily trade overseas.
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President Robert Mugabe's government introduced a bill yesterday to give Zimbabweans majority ownership of foreign companies, a move critics say will deepen an economic crisis. The plan would give the government sweeping powers over how foreign companies, including mines, operate in Zimbabwe. Critics accuse the veteran leader of trying to push through the bill to extend his ...
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The country's infrastructure makes it an attractive candidate for offshore work, a research company says.
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A United Arab Emirates-Egyptian partnership was granted the third mobile telephone network license in Egypt, officials said.
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Egypt is among the earliest Arab and African countries that gave special attention to the environment issue and enacted environmental laws, said Minister of State for Environment Affairs Maged George on Sunday.
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Egypt will begin taking bids in February to build the country's first nuclear reactor, the state-run news agency reported Saturday.
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Next prime minister also hints at bringing business figures into government.