No. 10



Sale Of 'Amiriyah Still Open To Offers

The sale of one of Egypts state-owned cement companies, 'Amiriya Cement, is still in the bidding process and the governments decision to increase the minimum percentage of the shares for sale to a single bidder has meant that a number of the initial bidders have been forced to withdraw their offers (MEES, 14 February). In February, there were concerns that a bid from Al-Ahram for a 55% stake in 'Amiriya would pose a...