Egyptian billionaire Naguib Sawiris said he is prepared to invest in Oi SA, the Brazilian wireless carrier …
Tag:
Naguib Sawiris
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Banks
Sawiris’ Beltone Financial planning to entice overseas investors with GDRs
by Yomna Yasserby Yomna YasserEgypt’s Beltone Financial, a unit of billionaire businessman Naguib Sawiris’s OTMT, said Sunday it planned to convert …
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Banks
Egypt’s CIB, Beltone drop plans for CI Capital sale deal: sources
by Yomna Yasserby Yomna YasserEgypt’s Commercial International Bank (CIB) has dropped plans to sell its investment bank CI Capital to Beltone …
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Banks
Egypt’s CIB, Beltone agree to extend CI Capital takeover offer to June 9
by Yomna Yasserby Yomna YasserEgypt’s Commercial International Bank (CIB) approved an additional two-week extension for an offer by Beltone Financial to …
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Egypt News
Egyptian tycoon Sawiris sold ONTV over lack of profits, will invest heavily in Promomedia
by aya salahby aya salahBusiness tycoon Naguib Sawiris said Tuesday that the sale of satellite TV channel ONTV resulted from failed …
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Egypt News
Egyptian tycoon Abu Hashima acquires ONTV, Sout Alomma transfer just rumors
by aya salahby aya salahHigh profile Egyptian businessman Ahmed Abu Hashima acquired shares of satellite TV channel ONTV from the channel’s …
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Tech news
Sawiris’ Orascom says North Korean venture Koryolink talks hit the buffers
by Yomna Yasserby Yomna YasserEgypt-based Orascom Teleccom OTMT, which is owned by business tycoon Naguib Sawiris, announced Thursday it had failed …
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Banks
CIB-Egypt approves extension for Beltone Financial’s offer for CI Capital
by Yomna Yasserby Yomna YasserEgypt’s Commercial International Bank (CIB) approved a two-week extension for an offer by Beltone Financial to acquire …
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Tech news
Sawiris’ Orascom Telecom 2015 net loss of 3.6 bln Egyptian pounds
by Yomna Yasserby Yomna YasserEgypt’s Orascom Telecom Media and Technology, which is owned by Egyptian businessman Naguib Sawiris, reported a net …
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Banks
CIB approves Egyptian billionaire Sawiris’s bid to buy CI Capital
by Yomna Yasserby Yomna YasserEgypt’s largest listed lender Commercial International Bank accepted an offer by Orascom Telecom, owned by Egyptian billionaire …