Mmmm

Name: Mahmoud Ahmed Mahmoud El Agamy Dr.Patricia Bauer Advanced Research Methodology PhD die hard capitulation 2011 Introduction In 1991, the privatization program was initiated in Egypt as it was a social function of an economic mend. There were terce approaches for implementing this reform. First, change the shares of the Stated declare enterprises (SOEs) within the local tenor market. The second approach was selling the shares of strategic stakes to the distant investors within universal market. The perish approach is to sell the companies to the shareholder union of employees. In addition, some(prenominal) firms were liquidated due to their huge obligation burdens. In 1994, the Egyptian regimen implemented the privatization program of the bank domain. However, in that location was no contract form the Egyptian government around which bank would be merged or privatized until 2005. There was practically criticism climax from the Egyptian Parl iament towards the governmental designing of selling the public banks through a framework of 8.7 jillion U.S dollars of the financial sector scheme according to the ministry of investment; which had the halt of many serviceman organizations like the US Agency for international Development, the World believe, the African Development Bank, and the International Monetary Fund.

harmonise to the World Bank project for the Egyptian loan reform (2007), the original strategy of the privatization program was to merge the Cairo Misr bank, to startleher within the restructuring of the saucy merged one, and to privatize the Bank of Alexandri a. In October 2006, establish on the Egyptia! n government plan, the Bank of Alexandria was sold to the Intesa Sanpaolo bank. However, the found minister announced that the Misr bank and the National Bank were not termination to be privatized. In the case of Bank of Alexandria privatization, the trenchant parley between the employees of the two banks before and after the merger offshoot at different levels of authority had demonstrated the...If you involve to get a full essay, order it on our website: BestEssayCheap.com

If you want to get a full essay, visit our page: cheap essay