In a week that witnessed mostly red performance, Egypt bourse has lost EGP 18.9 billion driven by …
Altimo
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EGX
Egypt’s Main Index Falls Below 5340 Pts, EGX70 Solely Up – Midday
by Yomna Yasserby Yomna YasserEgypt’s bourse incurred losses of EGP 1.25 billion driven by the foreign selling pressures during the midday …
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Tech news
Russia’s Altimo Says Has No Plan For New Orascom Telecom Offer
by Yomna Yasserby Yomna YasserRussian firm Altimo said on Sunday it had no plans to launch a new offer to buy …
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EGX
Egypt Bourse Opens OPR Market To Withdraw Orascom Telecom Sell Orders
by Yomna Yasserby Yomna YasserThe Egyptian Exchange (EGX) has opened the OPR market to allow the withdrawal of sell orders placed …
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Tech news
Egypt’s Regulator Turns Down Cypriot Bid For 16% Of Orascom Telecom Shares
by Yomna Yasserby Yomna YasserEgypt’s financial regulator announced on Sunday its rejection of a tender offer submitted by Cyprus-based Baskindale for …
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Egypt bourse has ended the sessions on Tuesday posting gains of EGP 2.8 billion powered by the …
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Tech news
Russia’s Fridman Faces Africa Setback After Bid For Egypt Orascom Failed
by Yomna Yasserby Yomna YasserRussian billionaire Mikhail Fridman suffered a second setback this year for an effort to expand his telecommunications empire …
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Tech news
Altimo Subsidiary Fails In Bid For Orascom Telecom-Traders
by Yomna Yasserby Yomna YasserAn offer by a subsidiary of Russia’s Altimo to buy out minority shareholders in Egypt’s Orascom Telecom …
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EGX
Amid Mostly Red Performance, Egypt’s Benchmark Falls 1.56% In Week
by Yomna Yasserby Yomna YasserIn a week that witnessed mostly red performance, Egypt bourse has incurred losses of around EGP 4 …
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Tech news
Orascom Telecom Closer To Delisting After Stock Tender-Sources
by Yomna Yasserby Yomna YasserEgypt’s Orascom Telecom (OTH) (ORTE.CA) is closer to being delisted, sources said on Friday, after holders of …