VOL. XXXVII
NO. 44
1-AUGUST-1994
Financial andBanking News
Capital Markets
...And Shares In Another Egyptian Company Are Privatized
The owners of the Cairo Sheraton Hotel are expected to sell a 40% stake tothe Arab Investment Company for Touristic Development, a privately-owned companypredominantly owned by Libyan shareholders. The Sheraton is owned by thestate-owned EGOTH tourist company, which in turn comes under the umbrella ofthe Tourism and Cinema Holding Company. The Arab Investment Company...
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