VOL. XLIII

No. 27

3-July-2000

EGYPT

Egypt Plans To Sell 51% Of Cairo Oil And Soap Company, Denies Plans To Privatize NBE

Egypts state-owned Holding Company (HC) for Food Industries plans to sell a 51% stake in Cairo Oil and Soap Company, according to the semi-official daily al-Ahram on 25 June. The HC in cooperation with Banque Misr plans to offer the stake to strategic investors and the employee shareholders association. The deadline for receiving bids is 3 July, with the tender first advertised...