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Adel Ezzy

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Al Bawaba
May 28th, 2002 - 02:00 GMT

Kuwaiti Bank withdraws bid to acquire 40 percent of Egypt’s Al-Watany Bank

Kuwait’s Burgan Bank recently announced the withdrawal of its offer to purchase a 40 percent stake in the Egyptian Al-Watany Bank’s $34 million capital. The bank has not released an official statement
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