Egypt’s FSA Still Studying Cypriot Bid For Orascom Telecom
Egypt’s Financial Supervisory Authority (EFSA) stated that it is still studying the tender offer submitted by…
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Egypt’s FSA Studies Cypriot Bid For Orascom Telecom; Chief Says
Egypt’s Financial Supervisory Authority chief Ashraf El-Sharkawy has announced that the FSA is currently studying…
EFG-Hermes Suspends Its Coverage Of Orascom Telecom
EFG-Hermes Research announced that it suspended coverage of Orascom Telecom Holding (OTH))(ORTE). Hermes added that…
Orascom Telecom Bid Fails To Buoy Disillusioned Egypt Market
A buyout offer for Orascom Telecom Holding (ORTE.CA), Egypt's second-largest listed company, failed to buoy a…
EGX 30 Sinks 1.63%, Ends Below 5100 Pts On Orascom Telecom’s Takeover Offer
The Egyptian Exchange (EGX) has ended Sunday’s trading incurring more losses of EGP 3.85 billion driven by non-Arab…
Weather Investments II Exits VimpelCom, Settles Its Debt
Weather Investments II (“Weather”), an investment firm led by entrepreneur Naguib Sawiris, announced Thursday that…
Telenor to Lift Stake in Vimpelcom in Options Deal
Telecoms firm Telenor will purchase another 3.5 percent of Vimpelcom after Egyptian tycoon Naguib Sawiris' Weather…
