Article Abstract:
United Arab Emirates' privatization drive intensifies with the government's decision to allow the private sector to participate in a power and water development project. The government has decided to accept statements of qualifications for its Taweelah A2 independent power and water project located in the northeastern part of Abu Dhabi. The project is composed of desalination facility and a natural gas-fired power generation that is expected to be fully operational by the year 2001.
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Article Abstract:
Egypt will privatize an additional 94 state-owned companies in 2000, according to Egyptian Public Enterprise Minister Atef Obeid. Another 44 privatization deals, set for 2001, will result in the completion of the country's privatization program. Egypt, which has privatized a total of 132 state-owned businesses since 1995, has generated $3.43 billion from the program. The effort is a cornerstone of the country's economic reform package that was launched in 1991.
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Article Abstract:
Several international trade fairs are expected to be held at Forum de Beyrouth in Lebanon in 1998. The scheduled trade fairs will feature the country's vital economic sectors that are highly favorable to foreign investments. Trade shows include 'The 3rd International Trade Exhibition for Furniture and Interiors Serving the Middle East Market' and 'The 4th International Exhibition and Conference for Information and Office Technology Serving the Middle East.'
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