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Orascom Telecom’s Name Changed, Signs Services Agreement With Vimpelcom
Egypt's Orascom Telecom Holding (OTH) (ORTE.CA) and its Russian parent Vimpelcom have agreed to provide one another…
Saudi Islamic Development Bank Offers Egypt’s KIMA $90 Mln Loan
Egyptian Chemical Industries – KIMA (EGCH.CA) announced that the chairman of the firm had informed Egypt’s Minister…
Shell Begins Construction On Floating LNG Project
Royal Dutch Shell PLC RDS.A +1.16% said Thursday that major construction had begun on the world's first floating…
Euro Rises, But Don’t Credit The EU Summit
Anyone who has followed the nearly three-year-old debt crisis is familiar with the pattern: The euro—and financial…
Orascom Construction To Tell Authorities It Owes No Tax On Sale
Orascom Construction Industries – OCI (OCIC.CA), Egypt’s largest publicly traded company, will tell the…
Ezz Steel Says H1 Net Profit Soars 11.2%
Egypt's largest steel producer, Ezz Steel (ESRS.CA), reported a 11.2 percent rise in net profit for the first half…
Egypt’s Ezz Steel Says Q2 Net Profit Falls 16%
Egypt's largest steel producer, Ezz Steel (ESRS.CA), reported a 16 percent drop in net profit for the second…
Gold Futures Up Amid Europe Optimism
Gold futures rose on Wednesday, extending an advance from the previous session, amid growing optimism on progress…
France Telecom Buys Service Contract From Egypt’s OTMT
France Telecom will pay Egyptian partner Orascom Telecom Media and Technology (OTMT.CA) 110 million euros ($142.30…
GB Auto Inaugurates Prima Plant With C.70.000 Unit Annual Capacity
GB Auto (AUTO.CA), a leading automotive assembler and distributor in the Middle East and North Africa, inaugurated…
