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Sawiris says CI Capital acquisition stalled by securityEgyptian billionaire Naguib Sawiris said on Sunday his bid to acquire CI Capital, the investment arm of Egypt's largest listed bank, was being held up by national security concerns and criticised state meddling in business that he said would More… |
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CIB accepts Sawiris offer for investment armEgypt's largest listed lender Commercial International Bank accepted billionaire Naguib Sawiris's bid to buy its investment arm CI Capital, market sources said. The sources said the deal would solidify Sawiris's nascen More… |
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Orascom Telecom makes $128m bid for CI CapitalCommercial International Bank (CIB), Egypt's largest listed company, said on Thursday it had received a 1 billion Egyptian pound ($127.7 million) offer from Orascom Telecom for its investment banking subsidiary CI Capital. Ora More… |
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Orascom to gain from fertiliser priceEgypt's Orascom Construction Industries, which enjoys cheap access to phosphate rock and natural gas, is well placed to benefit in 2010 from a rise in fertiliser prices, research house CI Capital said. The investment group raised its t More… |
