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QNB Signs Agreement with Egyptian CI Capital to Sell Its 2.1% Stake in QNB
Egypt
February 18, 2018
QNB Group has mandated CI Capital in Egypt to
advise on the necessary action to sell approximately 2.1% of QNB
Group's stake in QNB ALAHLI, Egypt, to reach approximately 95%
after the sale, in order to comply with the free float
requirements of the Egyptian Stock Exchange (EGX) and the
requirements of other concerned local regulators. QNB Group’s
current shareholding in QNB ALAHLI amounts to 97.12%.
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