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The Watch
Moody’s Downgrades OT’s Mobilink Ratings To B2/Caa1, Outlook Negative
Moody's Investors Service has downgraded the corporate family rating of Pakistan Mobile Communications Limited…
Naeem Holding To Activate Gold Trading License Next October
Naeem Holding (NAHO.CA) will be activating its gold trading license in the Egyptian market by the coming of…
Orascom Development Wins Approval for Swiss Andermatt Ski Area Takeover
The Andermatt Swiss Alps project owned by Egyptian-controlled listed Swiss company Orascom Development Holding…
Sawiris To Buy Gold Miner La Mancha For $493 Million
Naguib Sawiris, the Egyptian billionaire founder of Orascom Telecom Holding SAE (ORTE.CA), plans to add gold…
Private Equity Push In 2012
Private equity firms will propel deal-making forward in 2012 as they race to put vast sums of ageing "dry powder"…
Iranian Oil Stuck In Egypt As Turkey Cuts Imports
Turkey is struggling to import Iranian oil in July because of Western sanctions on ship insurance, trading and…
Orascom Empire: Naguib Sawiris
Naguib Sawiris is an Egyptian businessman and politician. He was born on June 15, 1954. He is the son of Onsi…
Egypt’s Plastics Exports Hit EGP 2.6 Bln By End of May
Egypt’s exports of plastics surged by 15% to reach EGP 2.6 billion during the period of January to May of 2012,…
Orascom Hotels & Development Receives Certificate of Excellence
Ten 4 and 5-star hotels in El Gouna, Jordan and Oman have received the Trip Advisor Certificate of Excellence…
Nigeria’s Cabinet Approves Bill To Overhaul Oil Sector
Nigeria's cabinet has approved a final draft of an oil law, years in the making, that will be sent to President…