Home Tech/AITech news Orange’s Deputy Chief to attend Egypt Economic Summit

Orange’s Deputy Chief to attend Egypt Economic Summit

by Yomna Yasser

Gervais Pellissier, Deputy CEO of Orange SA, will attend Egypt’s Economic Summit, which will take place on March 12-15, 2015.

Orange, the French multinational telecommunications giant, has a majority shareholding of 98.92% in one of Egypt’s three mobile phone operators, the Egyptian Company for Mobile Services or Mobinil.

In the same vein, Yves Gauthier – CEO of Mobinil – told Amwal Al Ghad on Monday that Orange is interested in resuming its investments in Egypt, and still studies a potential capital increase in the coming period.

The Egyptian summit will take place on March 13-15, 2015, with the theme of “Egypt the Future”, aiming to encourage Gulf and international companies and organisations to invest in the country and contribute to its development.

Egypt hopes the conference – at which state agencies will unveil a raft of potential investment projects to would-be investors – will bring in some $20 billion worth of investments.

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