Political Instability Woes Drag Egypt’s Benchmark 7% Lower In Week
In a week that witnessed mostly red performance, Egypt bourse has lost EGP 18.9 billion driven by growing…
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Altimo
Egypt’s Main Index Falls Below 5340 Pts, EGX70 Solely Up – Midday
Egypt’s bourse incurred losses of EGP 1.25 billion driven by the foreign selling pressures during the midday…
Russia’s Altimo Says Has No Plan For New Orascom Telecom Offer
Russian firm Altimo said on Sunday it had no plans to launch a new offer to buy out minority shareholders in…
Egypt Bourse Opens OPR Market To Withdraw Orascom Telecom Sell Orders
The Egyptian Exchange (EGX) has opened the OPR market to allow the withdrawal of sell orders placed on shares of…
Egypt’s Regulator Turns Down Cypriot Bid For 16% Of Orascom Telecom Shares
Egypt's financial regulator announced on Sunday its rejection of a tender offer submitted by Cyprus-based…
Egypt’s Main Index Nears 5408 Pts – Closing
Egypt bourse has ended the sessions on Tuesday posting gains of EGP 2.8 billion powered by the non-Arab foreign…
Russia’s Fridman Faces Africa Setback After Bid For Egypt Orascom Failed
Russian billionaire Mikhail Fridman suffered a second setback this year for an effort to expand his…
Altimo Subsidiary Fails In Bid For Orascom Telecom-Traders
An offer by a subsidiary of Russia's Altimo to buy out minority shareholders in Egypt's Orascom Telecom (ORTE.CA)…
Amid Mostly Red Performance, Egypt’s Benchmark Falls 1.56% In Week
In a week that witnessed mostly red performance, Egypt bourse has incurred losses of around EGP 4 billion. The…
Orascom Telecom Closer To Delisting After Stock Tender-Sources
Egypt's Orascom Telecom (OTH) (ORTE.CA) is closer to being delisted, sources said on Friday, after holders of…
