OTMT Eyes Telecom Assets In Libya, Syria, Yemen: Bichara
Khalid Bichara, the outgoing CEO of Orascom Telecom Media & Technology Holding (OTMT.CA) said that the telco…
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Indices News
ASEC In Talks Over $20 Mln Loan From Citadel Capital
ASEC Company for Mining - Ascom - (ASCM.CA) BOD decided to conduct talks with Citadel Capital (CCAP.CA) and one of…
Orascom Development Selects Architects For $1.4 Bln Montenegro Resort
The US-based SB Architects group has been selected by Swiss developer Orascom Development Holding (AG) - (ODHN.CA)…
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…