28 January 2011 19:07 [Source: ICIS news]
Felix Neugart, a North Africa/Middle East expert at Berlin-based DIHK, said the changes promised firms the prospect of “long-term stability and a reliable legal framework” in a region that was of growing importance to Germany’s energy, textile, car, chemicals and other sectors.
While the current uncertainty prompted some firms to hold back on investments, Neugart said he did not expect them to reduce their engagement in the region over the long run.
According to an analysis by German business daily Handelsblatt, 280 German firms are doing business in
A spokesman for the Vancouver-based company was not immediately available to respond to a request seeking Methanex’s assessment of the situation in Egypt.
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