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Egypt to sell Banque du Caire
- Egypt: Sunday, July 15 - 2007 at 07:54
Egypt will sell an 80% stake in Banque du Caire by public auction in six to nine months, and another 15% in an initial public offering six to 12 months later, Reuters reported. An auction was to have taken place this summer, but VP Mohamed Kafafi said more time was needed.
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James McInerney, News EditorSunday, July 15 - 2007 at 07:54 UAE local time (GMT+4)
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