Tech news Egypt’s Global Telecom Holding Q3 profits narrow to $7 million Yomna Yasser Nov 9, 2017 0 Egypt’s Global Telecom Holding Company (GTH), previously Orascom Telecom Holding, reported Thursday a drop in its…
Tech news Egypt-based Global Telecom reports Q2 net profit of $26.5 mln Yomna Yasser Aug 4, 2016 0 Global Telecom, the Egypt-based group formerly known as Orascom Telecom, registered a net profit of $26.5 million…
Tech news Alfa, Ericsson to deploy 4G LTE-A networks across Lebanon Ghada Ismail Jun 13, 2016 0 Lebanon’s Alfa, the mobile network managed by Orascom Telecom, has signed an agreement with Ericsson to…
Banks Egypt’s CIB, Beltone drop plans for CI Capital sale deal: sources Yomna Yasser Jun 9, 2016 0 Egypt's Commercial International Bank (CIB) has dropped plans to sell its investment bank CI Capital to Beltone…
EGX Egyptian stocks tumble 0.3% on local sell-off Yomna Yasser May 10, 2016 0 Egypt’s bourse gave up early small gains on Tuesday, as main index slid 0.32 percent, to 7621.91 points on local…
Banks CIB-Egypt approves extension for Beltone Financial’s offer for CI Capital Yomna Yasser Apr 28, 2016 0 Egypt's Commercial International Bank (CIB) approved a two-week extension for an offer by Beltone Financial to…
Tech news Sawiris’ Orascom Telecom 2015 net loss of 3.6 bln Egyptian pounds Yomna Yasser Apr 28, 2016 0 Egypt's Orascom Telecom Media and Technology, which is owned by Egyptian businessman Naguib Sawiris, reported a net…
Financial Institutions Sawiris, Kanoo, IFC ink deal to acquire shares of AXA Investment Egypt Yomna Yasser Apr 20, 2016 0 The Egyptian branch of the French company AXA Investment signed Monday a preliminary agreement with two companies…
Banks CIB approves Egyptian billionaire Sawiris’s bid to buy CI Capital Yomna Yasser Apr 19, 2016 0 Egypt's largest listed lender Commercial International Bank accepted an offer by Orascom Telecom, owned by Egyptian…
Industry & Trade Sawiris’ Orascom, German REC to build $85 million solar park in Aswan Yomna Yasser Apr 18, 2016 0 Egypt’s Orascom Telecom (OTMT), owned by the country’s business tycoon Naguib Sawiris, has signed Monday a…