HSBC sells CIE stake to Credit Agricole – source
London-based bank HSBC Holdings Plc is selling its stake in Credit International d’Egypte (CIE) to France’s Credit Agricole and an Egyptian business group, a banking source said.
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France
Carrefour to open two stores in Egypt by 2002
French retailer Carrefour and its local partner will open two stores in Egypt in 2002, undeterred by British supermarket chain Sainsbury’s decision to pull out of the country, the partner said.
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