VOL. XLII

No. 10

8-March-1999

EGYPT

CIIC And Fleming Mansour Form Joint Venture

Commercial International Investment Company (CIIC) andRobert Fleming & Companys Egyptian affiliate Fleming Mansour announced on3 March that they will form a joint venture, merging their investment banking,corporate finance, brokerage, and fund and asset management operations inCairo. The new entity, Flemings CIIC, will be capitalized at approximatelyE300mn ($88mn) and will operate as a 50-50 venture between the two...