Yesterday a television station reported that Dubai Group, a unit of Dubai Holding, has sold its stake in EFG-Hermes, the Egyptian Investment Bank, for $120 Million. Rumors are rife about who the buyer may be. According to news reports on the television channel Al Arrabiya the buyers were Western investment funds who acquired the 19.1 [...]
Read the full newsTag Archive | "EFG-Hermes"
Breaking News: Dubai Holding sells its stake in EFG-Hermes to Western Investors
Posted on 10 December 2009.
Posted in Business, FeaturedComments (1)
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