ABSTRACT
This chapter explores the problems and prospects of trilateral ventures in the poor nations of the Middle East, particularly in Egypt and the Sudan, two countries which would appear especially suitable for investments of this type and in which Arab investors have shown special interest. The fact that the surplus and deficit states share a common religion, culture and language also to some extent encourages Arab aid to and investment in Egypt and the Sudan. The policies of Egypt and the Sudan towards Arab capital and trilateral investments are also important factors affecting their ability to mobilize Arab funds for their own development. Coincidental with the growth of Arab capital surplus has been the adoption by both Egypt and the Sudan of investment promotion laws which, by offering incentives and guarantees, have sought to attract Arab capital specifically or foreign investment in general.
