Egypt
Finance
The sale of a 67% stake of Egypt's third-largest bank was cancelled on June 25. Banque du Caire Chairman Mohamed Barakat said 'the bids we received were below the valuation of the...
2008-06-26Finance
Kuwait's Global Investment House (GIH) announced on June 17 that it plans to list its private equity fund Global MENA Financial Assets on the London stock exchange. GIH plans to...
2008-06-19Finance
There are signs that Central Bank of Egypt (CBE) may be privatising United Bank. The American Chamber of Commerce in Egypt has said that the managing director of the bank, Tarek Helmy,...
2008-04-08Finance
On March 6 Egypt's central bank announced that it had authorized five banks to conduct due diligence on state-owned bank, Banque du Caire, in preparation for the bank's privatisation....
2008-03-13Finance
An Egyptian buyout specialist, Citadel Capital, has hired a group of six international banks to help raise finance for the US$3bn construction of a new oil refinery in Cairo, to be...
2008-02-28Finance
Turkey's first major privatisation of the year was completed in late February with British American Tobacco (BAT) winning the bid for cigarette firm Tekel Sigara. BAT was the sole...
2008-02-26
