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Alec Erwin, the public enterprises minister, has announced South Africa's intentions to create a broadband infrastructure company that is expected to transform information technology use in the country.
The growth of IT and particularly enterprise application software (EAS) is continuing apace in the Middle East and North Africa (MENA) region with the UAE positioning itself as a key regional market.
Several electricity companies have announced investments in Bulgaria this year, with renewable sources increasingly attracting interest.
Amid overwhelming interest in the sale of state bonds last week, the government is actively seeking additional ways to finance the expected state budget deficit, and to further improve its fiscal practices with assistance from overseas.
This week, the Dubai Investment Group (DIG) completed its purchase of a major stake in Bank Islam Malaysia Bhd.
The South African department of trade and industry (DTI) is currently finalising the implementation of extensive legislative changes that will drastically improve the country's competitiveness in the race to attract process-outsourcing businesses.

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