VOL. XLNo. 610-February-1997

EGYPT

Another List Of Sell-Off Candidates

Stakes in six banks are to be floated in the latest list of candidatesfor divestment by the Egyptian Government - one of them by issue of GlobalDepositary Receipts (GDRs). The list was printed in government-owned newspaperson 6 February after being approved by the ministerial committee on privatization.No timeframe was specified nor was the method of sale given in the newspaperreports, but the stakes are estimated to yield...