UAE

February 13, 2000

02:00 GMT

Privatization  The Egyptian government made a formal commitment to privatization in the early 1990s and announced a plan for the divestiture of 125 public enterprises over the following five years. T

02:00 GMT

During the fiscal year 1998-99, Egypt met its goal of maintaining a deficit of around 1 percent of GDP. The current deficit, for the year ending June 30, 2000, was budgeted at 1 percent of GDP, but mi

02:00 GMT

General Data  Profile   Population 68 million (1999)  Religions 92% Muslim; 8% Other  Government Presidential/ Parliamentarian Republic  Langu

02:00 GMT

Legal Analysis  General   A large part of the laws of Bahrain are based on published statutes, which derive from the Shar’ia (religious law). The Contract Law and Civil Wrongs Ordinance are based on

02:00 GMT

Business Climate   Bahrain is seeking to privatize its Hidd power and water complex. Two Bahraini banks bid for the facility and the winner will enter into partnership with an international developer

02:00 GMT

Current Economic State    Bahrain is the smallest oil producer in the Gulf and the poorest in terms of hydrocarbon resources. It produces roughly 40,000 barrels per day from its own fields and receive

02:00 GMT

Current Economic State    Bahrain is the smallest oil producer in the Gulf and the poorest in terms of hydrocarbon resources. It produces roughly 40,000 barrels per day from its own fields and receive

02:00 GMT

General Data  Profile   Population 0.63 million (1999)  Religions 85% Muslim; 15% Christians, Jews, Bahais, Hindus and Zoroastrians  Government Emirate, limited monarchy  Languages Arabic (En

02:00 GMT

General Data  Profile   Population 0.63 million (1999)  Religions 85% Muslim; 15% Christians, Jews, Bahais, Hindus and Zoroastrians  Government Emirate, limited monarchy  Languages Arabic (En

02:00 GMT

Legal Analysis   Banking System   The country's banking system includes the Central Bank (Banque d'Algerie), six state-owned banks, one public development bank, and one private bank. An Islamic Bank i

02:00 GMT

Business Climate    Distribution and Sales Channels   Algeria's well-developed distribution system includes an extensive network of wholesale and retail outlets, most of which are controlled by privat

02:00 GMT

Current Economic State   Amidst the bloodshed that has plagued this North-African nation since the early 1990s, Algeria, with IMF and World Bank support, has taken impressive steps in implementing a s

02:00 GMT

GENERAL DATA    Population 31 million (1999) GDP ($bn) 47.1 Religions 99% Sunni Muslim Government Republic Languages Arabic (official), French, Berber Work Week Saturday - Wednesday Banks an

02:00 GMT

This country guide does not purport to be a comprehensive review or treatment of the subjects contained herein nor is this guide intended to provide legal opinion or advice.   This guide should not be

February 10, 2000

02:00 GMT

Egypt's privatization program, led by President Mubarak, has earned the Egyptian economy a spot among the IMF's top-four emerging world markets.   As