BRITISH FIRMS IN EGYPT
(N.Z. Press Association—Copyright) LONDON. January 16.
Britain has asked the Swiss Government to make urgent inquiries in Cairo about the reported Egyptian nationalisation of British and French banks and insurance companies, the Foreign Office spokesman said today. The Middle East news agency in Cairo announced yesterday that British and French banks and insurance companies, “sequestered” after the AngloFrench landings at Port Said last November, would be taken over by a new Egyptian economic institute. The Swiss Government has acted as protecting Power for Britain in Egypt since the breach in relations between the two countries last year.
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Press, Volume XCV, Issue 28179, 18 January 1957, Page 10
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101BRITISH FIRMS IN EGYPT Press, Volume XCV, Issue 28179, 18 January 1957, Page 10
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