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7
People
10
Organizations
7
Locations
8
Events
11
Relationships
0
Quotes

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Type: Report/analysis document
File Size: 67.5 KB
Summary

This document outlines economic developments in Arab countries starting in the 1990s, focusing on the rise of mobile networks, privatizations, and the emergence of Arab multinationals. It details how powerful families and governments controlled investments and revenue, citing examples like the Trabelsi, Materi, Ezz, Sawires, Makhlouf, and Hariri families as local partners, and mentions key figures like Najib Mikati and companies like Orascom and MTN. The text also touches on the impact of the 1986 oil price crash and the influence of the International Monetary Fund and European Commission on these economies, as well as real estate ventures inspired by the 'Dubai miracle'.

People (7)

Name Role Context
Najib Mikati Businessman, politician
Sold Investcom to MTN, currently appointing the new government in Lebanon.
Trabelsi family Local partner in investments
Identified as imposed local partners in Tunisia.
Materi family Local partner in investments
Identified as imposed local partners in Tunisia.
Ezz family Local partner in investments
Identified as imposed local partners in Egypt.
Sawires family Local partner in investments
Identified as imposed local partners in Egypt; sold shares in Orascom-Mobinil to France Telecom and offloaded cement ...
Makhlouf family Local partner in investments
Identified as imposed local partners in Syria.
Hariri family Local partner in investments
Identified as imposed local partners in Lebanon.

Organizations (10)

Name Type Context
Djezzy
Algerian branch of Orascom, involved in a legal dispute.
Orascom
Egyptian operator, involved in legal disputes with Djezzy/Algerian military and Syriatel.
Syriatel
Syrian telecommunications company, involved in a dispute with Orascom.
International Monetary Fund
Demands supported the globalisation of Arab economies.
European Commission
Supported by the European Commission for the Mediterranean countries.
Orascom-Mobinil
Company in which the Sawires family held shares, later sold to France Telecom.
France Telecom
Purchased shares in Orascom-Mobinil from the Sawires family.
Investcom
Company sold by Najib Mikati to the South African group MTN.
MTN
South African group that bought Investcom from Najib Mikati.
Algerian military
Involved in a legal dispute over Djezzy.

Timeline (8 events)

1986
Oil price crash, leading to tightened regimes' hold on the economy.
Global/Arab economies
1990s
Mobile telephone network launches and major privatisations of public services with public-private partnerships (BOT contracts).
Arab countries
Ongoing (implied current)
Najib Mikati is in charge of appointing the new government.
Lebanon
Unspecified
Legal dispute over Djezzy involving Orascom and the Algerian military.
Algeria
Unspecified (before Najib Mikati's current role)
Najib Mikati sold Investcom to the South African group MTN.
Unspecified (transaction likely involving Lebanon/South Africa)
Unspecified (post-Dubai miracle)
Arab countries ventured into real estate transactions, including expropriation and sale of land, and renovation of traditional palaces.
Arab countries
Unspecified (prior to Djezzy dispute)
Dispute between Orascom and Syria's Syriatel.
Syria
Unspecified (prior to Egyptian revolution)
Sawires sold shares in Orascom-Mobinil to France Telecom and offloaded cement holdings.
Egypt

Locations (7)

Location Context
Location where Trabelsi and Materi families were local partners.
Location where Ezz and Sawires families were local partners; Egyptian revolution mentioned.
Location where Makhlouf family was a local partner; Syriatel mentioned.
Location where Hariri family was a local partner; Najib Mikati is appointing a new government.
Location of Djezzy and Algerian military.
Referenced as the 'Dubai miracle', influencing real estate ventures in Arab countries.
European Commission support for these countries.

Relationships (11)

Trabelsi family Local partner for new investment Multinational corporations/investors
Identified as imposed local partners in Tunisia.
Materi family Local partner for new investment Multinational corporations/investors
Identified as imposed local partners in Tunisia.
Ezz family Local partner for new investment Multinational corporations/investors
Identified as imposed local partners in Egypt.
Sawires family Local partner for new investment Multinational corporations/investors
Identified as imposed local partners in Egypt.
Sawires family Seller/Buyer France Telecom
Sold shares in Orascom-Mobinil to France Telecom.
Makhlouf family Local partner for new investment Multinational corporations/investors
Identified as imposed local partners in Syria.
Hariri family Local partner for new investment Multinational corporations/investors
Identified as imposed local partners in Lebanon.
Najib Mikati Seller/Buyer MTN
Sold Investcom to the South African group MTN.
Orascom Parent company/Branch Djezzy
Djezzy is the Algerian branch of the Egyptian operator Orascom.
Orascom Dispute participants Algerian military
Legal dispute over Djezzy involving Orascom and the Algerian military.
Orascom Dispute participants Syriatel
Previous dispute between Orascom and Syria's Syriatel.

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