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Country-Plan Projects and Tenders |
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5533 Subject |
360 مليون جنيه استثمارات جديدة من بنك باركليز انجلترا لبنك باركليز القاهرة Barclays Bank of the UK raising its shares in Cairo Barclays bank to 100 % under a deal worth L.E. 359.4 million. |
| Date Published | Saturday, March 13, 2004 |
| Source Name | Al Alam Al Yom |
| Location Name | Country Wide |
| Description | World reputed Barclays Bank of the UK has raised its shares in Cairo Barclays Bank to 100 % under a deal worth L.E. 359.4 million. Deal involved 959,850 shares bought by the bank from Banque du Caire. Observers said the deal reflected the continuing interest of foreign investors in Egypt banking sector, also the Government commitment to proceed with its privatization program. |
| Sectors Section | Beneficiary Sectors - Economy Economy |