VOL. XLIII

No. 26

26-June-2000

EGYPT

ABN Amro Opens Office In Egypt To Manage Telecom IPO And Finance Natural Gas Projects

ABN Amro Bank on 7 June announced the opening of an office in Cairo to manage the bidding process for state-owned Egypt Telecoms 20% share offer and to provide financing for companies bidding on several large natural gas projects. According to an ABN Amro press statement, the move highlights the banks confidence in Egypts long-term growth potential and its capacity to become...