| | Al-Ahram Weekly | Chronicles | In the land of the Greeks (Site not responding. Last check: 2007-10-21) |
 | | According to Ashmawi, many Greeks invested the savings they accumulated through commerce in the reclamation of lands they were able to obtain under a system, introduced under Mohamed Ali, of grants of uncultivated land. |
 | | Among these magnanimous benefactors was the financier Singros who "several years ago dedicated 60 million gold drachmas, or approximately 2.5 million pounds, to bring fresh water to Athens" and who "gave to the state a garden of riches and a vast farm near the capital for the purposes of agricultural experiments and practical training". |
 | | The reason the Greek industry was so late in developing, according to Abul-Fath, was the lack of primary materials and investment capital combined with poor transport facilities, the high costs of freight and the insufficient numbers of trained workers and technicians. |
| weekly.ahram.org.eg /2003/631/chrncls.htm (3187 words) |