The National Bank of Egypt has announced a compulsory sale, in a public auction, of Sarhan Steel Co. based in New Amriya, Alexandria, as per the judgement of Alexandria Economic Appeal Court.

Detailed conditions and information are to get from Auctioneers Office of

Mr. Hamdi Mustafa Abu Ismail,

c/o Al Geish Street Towers,

Tower No. 2, Entrance No.1 in Damanhour,

Beheira, alternatively from,

NBE Judicial Sector,

57 Giza St., Giza,

Tel. 02 - 33330512 extension 45402/ 45407.

Auction will be held on 8/8/2010 & L.E. 100,000 cash deposit is requested for participation.

Source: Al Ahram