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Egypt's CIB says signs deal to sell investment bank to Orascom
Egypt's largest listed company, Commercial International Bank (CIB), said on Sunday it had signed a deal to sell its investment banking arm CI Capital to an Orascom Telecom unit for 924 million Egyptian pounds ($118 million). Orascom Telecom (OTMT), which has holdings in media, technology and cable businesses as well…
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Click here to read the full story: Reuters