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A government-owned corporation is a legal entity that undertakes commercial activities on behalf of an owner government. Their legal status varies from being a part of government to stock companies with a state as a regular stockholder .
In 1952 Egypt’s private sector accounted for 76 percent of economic investment. Following the nationalization plans carried out by President Gamal Abdel Nasser in the effort to build a post-independence socialist state, this percentage drastically shifted within a few decades to government investment accounting for over 80 percent of economic investment.
Footnotes / references. [1] Midea Group ( Chinese: 美的集团; pinyin: Měidì Jítuán) is a Chinese electrical appliance manufacturer, headquartered in Beijiao town, Shunde District, Foshan, Guangdong and listed on Shenzhen Stock Exchange. As of 2021, the firm employed approximately 150,000 people in China and overseas with 200 subsidiaries ...
Location of Egypt. Egypt is a transcontinental country spanning the northeast corner of Africa and southwest corner of Asia by a land bridge formed by the Sinai Peninsula.Egypt's economy depends mainly on agriculture, media, petroleum imports, natural gas, and tourism; there are also more than three million Egyptians working abroad, mainly in Saudi Arabia, the Persian Gulf and Europe.
The automotive industry is one of the most important industries in Egypt and brings many benefits for the economy. In the 1980s, EI Nasr Automotive Manufacturing Company was the only giant manufacturer in the entire Egyptian market. There are now 83 car manufacturers in Egypt. [ 10] It has giants like GM, BMW, Hyundai, Toyota and Nissan, which ...
The National Service Projects Organization (NSPO) manufactures military and civilian products and provide contracting services. [1]It is subordinate to the Egyptian Ministry of Defense system, was its establishment in accordance with Presidential Decree No. 32 of 1979 under President Anwar Sadat, and describes a device aimed at the "achievement of relative self-sufficiency of the main needs of ...
Egyptair. Egyptalum. Egyptian Electricity Holding Company. Egyptian General Petroleum Corporation. Egyptian Media Production City. Egyptian National Railways. Egyptian Natural Gas Company. Egyptian Natural Gas Holding Company.
Regulated by the union government. Company. Private Limited Company: have 2–200 shareholders; shares are held privately and cannot be offered to the public. Have limited liability and registration is mandatory. Regulated by the union government. Public Limited Company: have more than 200 shareholders. Can be listed or unlisted in the share ...