Word: hegazy
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Brass Tacks. In Cairo, the Secretary and Egyptian Deputy Premier Abdel Aziz Hegazi paved the way for the private investment that Egyptian planners hope will revitalize their country's flagging economy. President Anwar Sadat had already announced extensive plans for free-trade zones, but it remained for Simon and Hegazi to nail down three crucial brass tacks: 1) an agreement to reinstate a 1963 accord, suspended after the Six-Day War, that pledges Egypt not to expropriate U.S. property without compensation, 2) a plan for a "joint development institute" in Cairo to advise U.S. firms on the feasibility...
...talks between Hegazi and Simon were lively and flexible. Simon never hesitated to break in with questions. When Hegazi was asked at a news conference whether he was happy with the $250 million in U.S. aid requested of Congress for Egypt, he had an adroit answer. If the U.S. could give Israel $2.2 billion in military aid, he said, then surely the same amount in nonmilitary help should be reasonable for Egypt...
...settlements destroyed in still another war with Israel. Additional assurance for the Israelis came last week when Sadat named a new Cabinet, which seemed to signal a commitment to peace. The Cairo press called it a "Cabinet of development" to succeed the "Cabinet of confrontation." Sadat appointed Abdel Aziz Hegazi, a British-educated moderate, as First Deputy Premier. Hegazi likes to remind government workers: "We must think as businessmen, not as bureaucrats...
...massive postwar restructuring of the Egyptian economy, which Egyptian President Anwar Sadat has been planning at Aswan. To carry out this economic retooling and take over the Premier's job that he has also held since last March, Sadat is expected to choose Deputy Premier Abdel Aziz Hegazi, 51, a respected former business professor who already supervises the nation's finance, economy and foreign trade...
...introduce some fundamental reforms in their departments. Enlarging the Cabinet from 31 to 37 members, he added two generals in an effort to apply some military efficiency to civilian affairs. He also named four Deputy Premiers who will serve as heads of superagencies. One is Abdel Aziz Hegazi, a tough financial expert and advocate of austerity, who will oversee the treasury and economics. Another is Mohammed Abdel Kader Hatem, who will control culture and information and sit in for Sadat as acting Premier when that becomes necessary. Next to Sadat, Hatem figures to be the most important...
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