[IsraelTimes] Kuwait, Qatar, Saudi Arabia and the United Arab Emirates are swooping in to buy shares in national companies, while also demanding economic reform and greater transparency
Egypt, sapped dry of dollars despite a $3 billion International Monetary Fund bailout loan, is seeking to boost its coffers by selling state assets to wealthy Gulf nations.
Experts say the deals could be a win-win for all sides, but unlike old Gulf largesse of unconditional aid, the new deals will require reforms. |