Telecom Italia In talks To Sell Internet Unit To Sawiris
Telecom Italia SpA (TIT), the largest Italian telecommunications company, is in talks to sell its Matrix SpA…
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Indices News
EFG-Hermes Signs Deal To Form Investment Bank With Qinvest
Egypt's EFG-Hermes (HRHO.CA) said on Friday it had sealed an agreement first announced in March to form a…
Orascom Telecom To Receive $2.5 Bln Loan From Vimpelcom
Egypt's Orascom Telecom (ORTE.CA) said on Thursday it would receive a $2.5 billion loan from its majority…
Iraq oil exports rise 8 percent in April
Iraq's oil ministry says crude exports in April have increased by more than 8 percent, compared to the previous…
Mobinil Swings To Q1 Losses of EGP 74 Mln
Egyptian Company for Mobile Services (Mobinil) (EMOB.CA) Monday swung to a first-quarter net loss of 74 million…
OCI Shareholders To Vote On Split On May 17th
Orascom Construction Industries (OCI) (OCIC.CA) shareholders will vote on May 17 on a proposal to split the firm's…
Ezz Dekheila To Distribute Dividends of EGP 40/Share
Egypt's Al Ezz Dekheila Steel Co.- Alexandria (IRAX.CA) declared cash dividends no. (31) of EGP 40 per share…
Djezzy Appeal On $1.3 Bln Fine Postponed To May 6
An Algerian court on Sunday postponed an appeal hearing into a $1.25 billion fine imposed on Djezzy, the local…
Orascom Construction Gets Consent For Shareholder Vote On Split
Orascom Construction Industries (OCI) (OCIC.CA) said on Monday Egyptian Financial Supervisory Authority (EFSA) had…
Qinvest Negotiates With EFG-Hermes On Majority Stake Acquisition
EFG-Hermes Holding SAE (HRHO.CA) announced that it has started its negotiations with Qatar’s QInvest LLC on holding…