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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PARIS, Oct 10  - President Jacques Chirac said Sunday that a state visit he was currently making to China was yielding good opportunities for French companies and rejected fears that outsourcing or technology transfers might pose long-term
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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 Russian state will maintain some restrictions on foreign ownership in gas giant Gazprom after the liberalisation of its shareholding structure, a top minister said.
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NEW YORK, Sept. 20 -- Middle Eastern governments announced a series of billion-dollar deals Thursday that would give them stakes in financial institutions at the heart of Western capitalism, raising concerns in Washington about sensitive foreign investments.
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The official news agency of Egypt says leaders there have reached an understanding with Israel, the Palestinians, the United States and Europe.
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China&#39;s banking regulator said it will provide &quot;active consideration and prior approval&quot; for overseas banks wanting to buy stakes in lenders based in the country&#39;s northeast.
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Israel has agreed to let Egypt step up its military presence along its border with the Gaza Strip ahead of an Israeli withdrawal from the Palestinian territory set for next year.
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Prime Minister Manmohan Singh said on Sunday his government endorsed moves to restructure state oil firms to make them stronger and capable of competing with China in international markets.
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The government is likely to tighten supervision of domestic companies&#39; trading futures on overseas markets after the China Aviation Oil (Singapore) Corp lost US$550 million from
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afrol News, 15 December - As the first Arab nation, the government of Egypt yesterday signed a trade pact with its neighbour Israel that will help breaking the latter&#39;s economic isolation.
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An Egyptian firm says it has won the right to provide a mobile phone service in communist North Korea, a country which has strictly restricted such services to the general public.
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Israel and Egypt signed a trade deal yesterday that could ensure thousands of Egyptian jobs and secure the two countries&#39; often problematic relations.
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French automaker Renault re-tooled its management, paving the way for the arrival next year of Japanese partner Nissan Motor Company's chief Carlos Ghosn, head of its Japanese affiliate Nissan Motor Company, who will pilot both enterprises.
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The International Monetary Fund (IMF) urged Egypt to begin implementing a series of measures it says will help economic recovery, spur growth and raise the standard of living.
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Indian Finance Minister Palaniappan Chidambaram seeks to allay foreign investor fears over the influence of communist parties on his government.