Benchmark Surges 1.3% in Week, As Egypt Forms Its Cabinet
As Egypt was in the process of forming its military-backed interim government, the country’s stock market has…
Browsing Tag
Naguib Sawiris
Egypt Billionaire Sawiris Family to Invest “Like Never Before”
Egyptian tycoon Naguib Sawiris, whose family controls the sprawling Orascom corporate empire, says he and his…
Orascom Telecom Drops Bid To Control Canada’s Wind Mobile
A subsidiary of European telecoms company Vimpelcom Ltd has withdrawn its bid to take control of Canada's Wind…
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…
Sawiris’ OTMT Says Koreolink Subscribers Reach 2 Mln
Orascom Telecom Media and Technology Holding (OTMT.CA) announced that its subsidiary in the Democratic People’s…
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…
Egypt’s Main Gauge Opens Above 5370 Pts
Egypt’s bourse has opened sessions of Tuesday posting early gains of EGP 1.8 billion backed by local buyers.…
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…
Egypt’s Sawiris To Buy MTS Fiber Network In New Canada Push
Manitoba Telecom Services Inc (MBT.TO: Quote) will sell its Allstream fiber optic network to a company…
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…
