Article: EGYPT: SALE OF BANQUE DU CAIRE PROVIDES LE 9 BILLION FOR BUDGET.

Chairman of Banque Misr Mohamed Barakat said an international financial adviser will be chosen within days to assess Banque Du Caire before the sale to a strategic investor. Barkat added that a local committee would also participate in the bank's assessment process. The committee will represent the Central Bank of Egypt (CBE), Banque Misr, Ministry of Investment and the Central Auditing Agency, Barakat noted. The bid for the bank's sale will be ...

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