|
Egyptian bank sells investments in 21 companies
Egypt, Business, 3/22/1999
The Egyptian Ahli Bank decided to float up shares it holds in 21 companies in Egypt with a total capital of 22 billion pounds to be sold to a major investor. The manager of investment at the bank, Mohammed Gendy, told ArabicNews.com that the bank's share in these companies is valued at 512 million pounds.
The companies work in the fields of iron, steel, minerals, salts, the paper industry, sugar, electric insulators, petrochemicals, navigation, clothes and tourism.
Previous Stories:
Egyptian Orascom hotels to float up bonds worth 200 million pounds
(3/19/1999)
Egyptian - Norwegian company to run airports
(3/19/1999)
Egyptian Orascom floats 8.67 million shares sale
(3/12/1999)
Please add a link on your webiste pointing to ArabicNews.com and bookmark ArabicNews.com & subscribe to our daily email news bulletin.
|
Advertise on ArabicNews.com. MyFlowers.com sold more than $2700 of flowers in one month advertising on ArabicNews.com! Make your company, and products a success. Special rate for new and small business. Inquire!Advertising Info
|
