Report: Sawiris Eyes Telecom Italia Again
Egyptian billionaire Naguib Sawiris has been circling the Italian telecoms market in recent months, and fresh…
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Intesa Sanpaolo
Italy Govt Prefers Telefonica Merger for Telecom Italia to Sawiris – Paper
The Italian government would prefer a merger between Telecom Italia and Spain's Telefonica, rather than a deal…
Italy Banks Bad Loans Underline Southern Europe Malaise
Italian banks are more reluctant to lend as a recession saddles them with mounting bad debt, highlighting a growing…
Moody’s Downgrades Egypt’s Bank Of Alexandria; Negative Outlook
Moody's Investors Service downgraded Egypt's Bank of Alexandria's (BALX) local-currency deposit rating for one…
Telecom Italia Is Said to Plan $13 Billion Network Spending
Telecom Italia SpA (TIT) is planning 10 billion euros ($13 billion) in fiber-optic investments for its…
Intesa Sanpaolo Named Best Bank In Italy By Global Finance
Intesa Sanpaolo has been awarded by the American magazine GLOBAL FINANCE as “Best Bank in Italy” in the category…
Kuwait’s Burgan Bank Looks To Egypt For Potential Acquisitions
Kuwait-based Burgan Bank is looking at potential acquisitions in Egypt to step up international expansion and is…
Telecom Italia Rejects Sawiris’ €3 Bln Offer
Telecom Italia (TLIT.MI) on Thursday rejected a 3 billion euro ($3.9 billion) investment offer from Egyptian tycoon…
Egypt’s Sawiris Eying Brazil’s GVT In T. Italia Bid-Reports
The Egyptian tycoon Naguib Sawiris has offered to buy a stake in Telecom Italia with a view to helping fund the…
Billionaire Sawiris Makes Offer For Telecom Italia Stake
Egyptian billionaire Naguib Sawiris, founder of Orascom Telecom Holding SAE (ORTE.CA), offered to acquire…
