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Suez Cement Delays Project of EGP 1.5 Bln On Political Instability
Suez Cement (SUCE.CA) has decided to postpone carrying out its project regarding adding new production lines to its…
Orascom Telecom’s Waseela Bank Signs Partnership Deal With Adamjee
Waseela Microfinance Bank Limited (WMBL), a microfinance institution (MFI) in Pakistan, a fully-owned subsidiary of…
GB Auto Sees 20-30% Sales Rise In 2012
GB Auto (AUTO.CA) announced that it expects a rise ranging between 20% and 30 % in its sales during FY 2012,…
OT Resumes Arbitration Procedures against Algerian government in 2 Months
Orascom Telecom Holding (OTH) (ORTE.CA) says it will be completing procedures necessary to submit a formal notice…
EFG-Hermes Raises $462 Mln For Citadel Capital’s ERC Finance
In One of Arab World’s Largest Equity Raisings Since Start of 2011, EFG Hermes Investment Banking (HRHO.CA)…
War Of Statements Erupts, Planet Seeks Further Details Of QInvest Deal
Planet IB Consortium has unofficially asked EFG-Hermes Holding (HRHO.CA) to submit a detailed letter regarding…
AAIB Initially Approves To Finance Planet-Hermes Buyout Deal
Planet IB Consortium has gained an initial approval of Arab African International Bank (AAIB) to arrange a loan to…
Sawiris Backs New European Telecoms Fund
Naguib Sawiris, the Egyptian telecoms billionaire, has backed a fund management group formed by former Wind…
Suez Cement: New Investments Of €18 Mln After Elections
Suez Cement (SUCE.CA) will be injecting investments worth €18 million within the coming two months after the…
OTMT To Pay EGP 1.05 Dividends Amid Mobinil Sale, Net Profits Hit EGP 4.56 Bln
Egypt's Orascom Telecom Media and Technology (OTMT.CA) said on Tuesday it would distribute a 1.05 Egyptian pound…
