VOL. XL No. 2126-May-1997

EGYPT

Ownership Pattern Of Joint Venture Sidpec

The ownership pattern of the joint venture Sidi Kerir Petrochemicals Company (Sidpec),which wasrecently formed by the Egyptian Government to undertake new petrochemicalprojects, has beendisclosed in a recent issue of the Cairo economic weekly al-Ahram al-Iqtisadi.This is as follows:

Shareholding

Shareholder

Mn $

%

Egyptian General Petroleum Corp. (EGPC)

90

30

Banque Misr

60

20

National Bank of...