VOL. XLIII

No. 43

23-OCTOBER-2000

EGYPT

National Bank Of Egypt To Purchase 4Mn Shares Of MPCC

The National Bank of Egypt (NBE) on 15 October submitted bids to the Capital Markets Authority (CMA) on behalf of itself and other shareholders in Media Production City Company (MPCC) to buy 4mn shares in the company at E25 ($6.67) per share, a 56% premium over the current market price of approximately E15.94 ($4.22). All investors interested in selling shares in MPCCshould submit their offers to their...